Kathmandu: Nepal SBI Bank Limited (NSBL), a leading ‘A’ class financial institution licensed by Nepal Rastra Bank, has announced its proposal to distribute dividends for the fiscal year 2080/81.

In its 521st Board of Directors meeting held on December 3, 2024, from 3:45 PM to 5:20 PM, the bank approved the annual financial statement for FY 2080/81. The board proposed a total dividend of 10.65% of the paid-up capital amounting to NPR 10,50,01,52,282 as of the end of Ashar 2081.

The proposed distribution includes a 3.80% bonus share and 6.85% cash dividend, which also covers tax purposes. The proposal will be presented for approval at the bank’s upcoming 31st Annual General Meeting after obtaining consent from Nepal Rastra Bank.

Nepal SBI Bank remains committed to delivering value to its shareholders and contributing to the economic growth of Nepal.