19 Banks and Financial Institutions Announce Dividends, Many Paid Before Dashain
Nineteen banks and financial institutions have announced dividends from the profit of the last fiscal year 2082/83. Most of them have already deposited dividends into shareholders' accounts before Dashain, but some companies have not fixed the date for their annual general meeting, meaning investors will receive dividends only after Dashain.
From the profit of the last fiscal year 2082/83, 19 banks and financial institutions have announced dividends for their investors. Among those announcing dividends are 9 commercial banks, 5 development banks, 2 finance companies, and 3 microfinance financial institutions.
Out of the 9 commercial banks that announced dividends, 8 have already sent dividends to their investors' bank accounts. Investors of Nabil Bank, Global IME Bank, Sanima Bank, Everest Bank, Machhapuchchhre Bank, Citizens Bank, Kumari Bank, and Siddhartha Bank have already received dividends before Dashain. NMB Bank has also announced dividends from the last fiscal year's profit, but the bank has not yet fixed the date for its annual general meeting. Therefore, investors of this bank will receive dividends only after Dashain.
Similarly, out of the 5 development banks that announced dividends, 4 have already sent dividends to investors' accounts before Dashain. Shangri-La Development Bank, Garima Development Bank, Sain Resunga Development Bank, and Kamana Sewa Development Bank have already distributed dividends to their investors. Miteri Development Bank, however, has announced dividends from the last fiscal year's profit but has not fixed the date for its annual general meeting. Investors of this bank will receive dividends after Dashain.