NCHL Approves Bonus Shares and Expands National Payment Infrastructure at 14th AGM
Summary
Nepal Clearing House Ltd. approved bonus shares and expanded national payment infrastructure at its 14th AGM, reporting strong transaction growth and new board members.
Key Points
- Nepal Clearing House Ltd. approved a 15% bonus share and 0.789% cash dividend at its 14th AGM.
- The company saw a 67% increase in transaction volume, processing over 211 million transactions worth more than NPR 18.6 trillion.
- Net profit rose by over 4% for the fiscal year 2081/82.
- The AGM announced the commercial launch of the National Payment Switch and NEPALPAY Card and elected two new board members.
