NIC Asia Bank Decides Not to Distribute Dividend For FY 2081/82

Summary

NIC Asia Bank Limited has decided not to distribute dividends for the Fiscal Year 2081/82, pending approval from Nepal Rastra Bank and the Annual General Meeting.

Key Points
  • NIC Asia Bank Limited decided not to distribute dividends for Fiscal Year 2081/82.
  • The decision was made during the 749th Board Meeting on Magh 29, 2082.
  • The dividend distribution is subject to approval of financial statements by Nepal Rastra Bank.
  • The final decision will be confirmed at the Annual General Meeting of the bank.
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