Nepal Grindlays Bank Ltd (NGBL) has announced a 100 percent dividend for shareholders, buoyed by good performance in 1999-2000. Standard Chartered Grindlays owns 50 percent of NGBL and Nepal Bank Limited 33.34 percent. The public holds the remaining 16.66 percent shares. NGBL, with 11 branch offices in Nepal, has a market share of about 9 percent and has remained the most profitable bank since 1996. Its stock (par value Rs 100) was selling for a market price of over Rs 2,350 last week.