Tuesday April 07,2020

News FY 2073-74

Nabil Bank recommends 30% bonus share and 15% cash dividend

The 436th Board meeting of the Bank held on 21st Bhadra 2073 (6th September 2016) has decided to recommend to the upcoming shareholder’s Annual General Meeting

for distributing 30% bonus share and 15% cash dividend to its shareholders subject to approval of the Nepal Rastra Bank. In FY 2072/73, Nabil Bank earned an operating profit of Rs 4.35 billion, which is the highest among private sector banks in Nepal. Similarly, the bank has earned net profit of Rs. 2.82 billion, a growth of 35% over the previous year. Considering the operating and net profit of the bank, it is able to maintain its lead position among private sector banks.