Nabil Bank's 39th Annual General Meeting Concludes with 11% Dividend Resolution

Nabil Bank Limited (NABIL) successfully concluded its 39th Annual General Meeting on Thursday, presided over by Chairman Upendra Prasad Poudyal. The Board of Directors' recommendation and Nepal Rastra Bank's approval led to the passing of a resolution to distribute an 11% cash dividend to shareholders from the bank's 2079/080 fiscal year profit of Rs. 6 arba 40 crore.

Nabil Bank has recently embraced sustainable banking and introduced nBank for digital banking. Renowned as a leading 'A' class commercial bank in the country, Nabil Bank prioritizes corporate governance, customer satisfaction, and plays a pivotal role in advancing Nepal's banking sector.

Chairman Poudyal highlighted the bank's supportive role in modernizing the country's banking sector, contributing to commercial and industrial activities, and fostering employment opportunities. Nabil Bank places a strong emphasis on the United Nations Sustainable Development Goals, expanding business while maintaining a commitment to institutional social responsibility programs, including poverty alleviation, education, and healthcare.