ICFC Finance Approves 10.52% Cash Dividend at 23rd AGM

Summary

ICFC Finance Limited has approved a 10.52635% cash dividend for fiscal year 2082/83 at its 23rd Annual General Meeting in Kathmandu. The company also appointed S.A.R. Associates as its external auditor for FY 2083/84 and reported deposits of Rs. 22.67 arba and loans of Rs. 19.61 arba.

Key Points
  • ICFC Finance Limited approved a 10.52635% cash dividend from its FY 2082/83 profit at its 23rd AGM.
  • The dividend includes tax payable on behalf of shareholders and will be deposited into shareholders’ bank accounts the same day.
  • S.A.R. Associates, Chartered Accountants was appointed as the external auditor for FY 2083/84.
  • The finance company has a paid-up capital of Rs. 1.18 arba, 21 branches, over 100,000 customers, Rs. 22.67 arba in deposits, and Rs. 19.61 arba in loans.
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