Minting Multi-Millionaire Investors: Nabil Bank Celebrates 42 Years of Turning Rs 6,000 into Over 25 Million
Summary
Nabil Bank, one of Nepal's oldest private banks, has turned a Rs 6,000 investment into over Rs 25 million over 42 years by consistently rewarding shareholders with dividends and bonus shares.
Key Points
- Nabil Bank has been operational since 1984 and has grown its paid-up capital to over Rs. 27 billion by 2024/25.
- The bank has distributed dividends in 36 out of 41 years and maintained 29 consecutive years of dividend payouts.
- An initial investment of Rs. 6,000 in Nabil shares would have grown to over Rs. 25 million by 2026 due to dividends, bonus shares, and share value appreciation.
- Nabil Bank’s Compound Annual Growth Rate (CAGR) for this investment was an impressive 22.57% despite socio-economic challenges in Nepal.