Standard Chartered Bank Nepal holds 39th AGM, declares 19% cash dividend

Summary

Standard Chartered Bank Nepal held its 39th AGM in Kathmandu, announcing a 19% cash dividend and reporting a Rs 4.7 billion operating profit for fiscal year 2081/82.

Key Points
  • Standard Chartered Bank Nepal held its 39th AGM in Kathmandu.
  • The bank announced a 19 percent cash dividend for shareholders.
  • SCBNL recorded an operating profit of Rs 4.7 billion and an underlying profit after tax of Rs 3 billion for fiscal year 2081/82.
  • Standard Chartered Group holds 70.21% shares while the general public owns 29.79%.
  • SCBNL remains the only international bank operating in Nepal.
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