AGMDividends

Nabil Bank Announces Book Closure Date For 10% Cash Dividend; Schedules AGM For Mangsir 27

Nabil Bank Limited (NABIL) has scheduled its 40th Annual General Meeting (AGM) for the 27th of Mangsir, 2081. The book closure date is set for Mangsir 10, meaning shareholders who hold shares before this date will be eligible for the dividend payout and can participate in the AGM.

One of the key agendas of the meeting is the approval of a 10% cash dividend for the fiscal year 2080/81. This proposal was made during the board of directors’ 668th meeting on Kartik 13, 2081. The dividend, including tax, will be distributed based on the bank’s paid-up capital of Rs. 27.05 Arba.

Related: IME Limited Announces AGM To Discuss IPO Issuance And Dividend Proposal

About: Nabil Bank Limited (NABIL)

Nabil Bank Limited, established in 1984 as Nepal’s first private commercial bank, is headquartered in Kathmandu and operates over 260 branches and 300 ATMs across Nepal. Following its acquisition of Nepal Bangladesh Bank in 2022, Nabil’s paid-up capital reached Rs. 27.06 billion. The bank offers diverse financial services, including consumer and corporate banking, investment, and insurance, and has subsidiaries like Nabil Investment Banking Ltd. In 2022, it launched Bank, a digital banking platform, further strengthening its position as a leading financial institution in Nepal.

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