Kathmandu, Jan. 14
Nabil Bank Limited has
approved a cash dividend of 12.50 per cent to its shareholders.
The 41st Annual General
Meeting (AGM) of the bank held in Kathmandu on Monday endorsed the dividend
proposed for shareholders from the profits of the fiscal year 2024/25.
The meeting also unanimously
elected Anil Keshari Shah as a director representing the promoter shareholders’
group on the Board of Directors.
Meanwhile, the bank’s Board
of Directors’ meeting, held on the same day, decided to appoint director Nirvana
Kumar Chaudhary as Chairman of the Board. He will assume office after taking
the oath of office from the Nepal Rastra Bank.
The bank said in a statement that
outgoing Chairman Upendra Prasad Paudel has successfully completed his two
terms in office.
"He played a significant
role in team building, strengthening digital transformation, advancing
sustainable banking initiatives, establishing the Nabil School of Social
Entrepreneurship, and successfully completing the bank’s merger process,"
read the statement.
In the current fiscal year 2025/26,
the bank has issued a new capital instrument worth Rs. 5 billion in the form of
'Nabil 8 per cent Irredeemable Non-Cumulative Preference Shares' (50 million
units at a face value of Rs. 100 per share).
Following the issuance, the
bank expects its capital base to be strengthened through additional Tier I
capital, enhancing its risk-bearing capacity and supporting further business
expansion.
Nabil Bank currently provides
banking services through a nationwide network of 268 branches and 321 ATMs.
The bank serves more than 2.5
million customers and has expressed its commitment to moving forward together
with all its stakeholders.
Published in The Rising Nepal daily on 15 January 2026.
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