No Dividend To Corporate Development Bank Limited Shareholders for FY 2081/82

Summary

Corporate Development Bank Limited will not distribute dividends to its shareholders for the Fiscal Year 2081/82 as decided in the board meeting pending regulatory approval.

Key Points
  • Corporate Development Bank Limited decided not to distribute dividends for FY 2081/82.
  • The decision was made during the Board Meeting held on Poush 23, 2082.
  • Distribution of dividends is subject to approval by Nepal Rastra Bank and the Annual General Meeting.
  • CORBL's stock closed at Rs. 1,570.00 at the time of the announcement.
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