Banks can distribute 1.44% to 38.27% dividend subject to NRB approval
Summary
Most commercial banks in Nepal are set to distribute dividends ranging from 1.44% to 38.27% from last fiscal year's profits, following regulatory relaxations by Nepal Rastra Bank.
Key Points
- Most commercial banks in Nepal will distribute dividends from last fiscal year's profit due to better balance sheets.
- Dividend-paying capacity ranges from 1.44% to 38.27%, with Everest Bank highest and Nepal Investment Mega Bank lowest.
- Four banks — Nepal Bank, Kumari Bank, Himalayan Bank, and NIC Asia Bank — will not distribute dividends this year.
- Central bank policy relief and improved loan recoveries boosted profits by 43.68%, enabling higher dividends.
