Nabil Bank’s AGM Endorses Dividend Proposal

लगानी न्यूज

२२ आश्विन २०८३, बिहीबार १७:३५October 8, 2026

Kathmandu. The 42nd Annual General Meeting (AGM) of Nabil Bank Limited has approved a proposal of 15.80 percent dividend along with five percent bonus shares.

The AGM of the bank held at Tribhuvan Army Officers Club, Bhadrakali, Kathmandu on Thursday approved the dividend proposed for the general shareholders from the profit of the fiscal year 2082/83.TAG_OPEN_div_46

The meeting also approved an eight percent dividend for the shareholders of the non-redeemable reserve preference shares. For the first time, a presentation was made promoting the original culture.

The AGM had proposed to distribute 5 percent bonus shares and 10.80 percent cash dividend to the ordinary shareholders from the accumulated profit up to the fiscal year 2082/83 after the recommendation of the Board of Directors and approval of the Nepal Rastra Bank. The bank’s paid-up capital has crossed Rs 33.40 billion after the proposed bonus shares from the profit of the review year.TAG_OPEN_div_42

In the financial year TAG_OPEN_div_40 2082/83, the bank had earned a net profit of Rs 7.91 billion. The bank said that the deposit liability increased by Rs 69.67 billion or 13.06 percent to Rs 602.93 billion compared to the previous financial year.

In addition, loans and loans increased by Rs 51.68 billion or 12.15 per cent to Rs 476 TAG_OPEN_div_38.87 billion in the same period. According to the bank, the balance sheet size increased by 15.38 per cent to Rs 734.76 billion in the financial year 2082/83.

Chairman Chaudhary said that Nabil Bank has been modernizing and expanding its banking services keeping corporate governance and customer satisfaction as high priority.TAG_OPEN_div_36

Chairman Chaudhary said that the bank has been working in a very alert and balanced manner respecting the rights and concerns of the country, society, shareholders, customers, regulatory bodies, employees and others.TAG_OPEN_div_34

The paid up capital of Nabil Bank has increased by 960 times at the time of its establishment. The AGM elected Nirvana Kumar Chaudhary, Malay Mukherjee and Syed Mansoor Mustafa unopposed to the board of directors on behalf of the promoter shareholders.TAG_OPEN_div_32

Nabil Bank has been providing banking services through 262 branches and 316 ATMs across the country. The bank hopes to move forward with all its stakeholders by providing banking services to more than 28 lakh customers.TAG_OPEN_div_30

Nabil Bank, which has been providing quality banking services for the last four decades, has recently launched N-Bank for digital banking, embracing the concept of sustainable banking. The bank aims to become an AI-ready bank by 2030.TAG_OPEN_div_28

The bank has also changed its vision and mission statement to adopt the concept of five Ts based on five elements: Trust, Transparency, Talent, Technology and Transformation.

Nabil Bank would like to express its gratitude to all the shareholders, regulators, customers, employees and other stakeholders for their support in conducting the AGM on time.TAG_OPEN_div_24