The Bank of Lumbini Development Bank General meeting hasbeen completed, dividend resolution passed

Lumbini Development Banks 8.50 percent dividend has been passed. The 16th annual general meeting of the bank has passed a resolution to distribute a total dividend of 8.50 percent with 4.50 percent cash dividend and 4 percent bonus share. The meeting chaired by the Chairman of the Board of Directors Chintamani Bhattarai. The passed the annual financial report year of 2079/80 has stated.

89 branch offices and one extended branch 9 extension counters have been established in various locations of the bank, which has been operating branches in all 7 provinces of the country.

This bank has been providing safe banking services with high-level, modern and latest technologies with the slogan of ‘Continuous Travel’. With the aim of giving maximum returns to the customers. The bank has implemented a special plan to provide interest on fixed deposit accounts on a ‘monthly’ basis.