KATHMANDU: Nabil Bank Ltd has decided to provide 38 percent dividend to its shareholders.

An executive meeting of the bank held on Tuesday took a decision to this effect.

According to the decision, a shareholder will receive 38 percent dividend including 33.6 bonus shares and 4.4 cash dividend.

The proposal will be taken to the annual general meeting of the of the bank following approval of Nepal Rastra Bank.

Once it is approved by the annual general meeting, the bona-fide shareholders can claim for it, said the bank.