Nabil Bank Gives Employees Three Months’ Salary as Advance Bonus

Summary

Nabil Bank has given its employees an advance bonus equivalent to three months' salary from last fiscal year's profit, with more bonuses to be distributed pending Nepal Rastra Bank's approval.

Key Points
  • Nabil Bank has issued an advance bonus to employees worth three months’ salary from last fiscal year’s profits.
  • The bank plans to distribute additional bonuses depending on its financial position.
  • Half of the total bonus has been paid, with the rest pending Nepal Rastra Bank’s approval of financial statements.
  • Other banks distribute bonuses following the Bonus Act and around AGM timings, sometimes before Dashain if AGMs are held early.
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