Machhapuchchhre Bank Holds 27th AGM, Declares 8% Dividend

Machhapuchchhre Bank Limited (MBL) held its 27th Annual General Meeting on 10th Ashwin 2082 at Hotel Pokhara Grand. The AGM approved the annual financial report for FY 2081/82 and declared an 8% total dividend for shareholders, 4% cash, and 4% bonus shares.

MBL became the first bank to complete its AGM and dividend distribution for the fiscal year, with cash dividends credited to shareholders’ accounts before Dashain. After issuing bonus shares, the bank’s total paid-up capital will reach NPR 12.08 billion. The bank reported a net profit of NPR 188 crore for FY 2081/82, with earnings per share of NPR 16.21. The AGM saw significant participation from founders and shareholders.