Kathmandu, Jan. 14: Nepal SBI Bank Limited (NSBL)’s 25th
General Assembly Meeting on Monday has approved the distribution of 15.79 per
cent dividend – 5 per cent bonus share and 10.79 cash dividend – to its
shareholders.
In the last fiscal year 2017/18, the bank earned Rs. 2.02 billion net
profit. The meeting also approved the Consolidated Balance Sheet of the bank
including the Audited Financial Statements of the bank’s subsidiary, Nepal SBI
Merchant Banking Limited for the last fiscal year.
NSBL is offering its banking and financial services from 76 branches, 7
extension counters, 3 regional offices and a corporate office. It has 113 ATMs
including 2 mobile ATM and 4 CRMs. Likewise, the bank has 833,000 depositors
and 650,000 ATM/debit card holders.
Published in The Rising Nepal daily on 15 January 2019.
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