Everest Bank Declares 20% Dividend at 31st AGM, Approves Key Financial and Strategic Decisions

Everest Bank Limited (EBL) held its 31st Annual General Meeting (AGM) on October 29, 2025, where shareholders approved a 20% dividend, comprising 6% bonus shares and 14% cash dividend for the fiscal year 2081/82.

The AGM also approved the financial statements, amendments to the Bank’s Memorandum and Articles of Association, and appointment of a new auditor for FY 2082/83. Only shareholders recorded by Ashwin 23 were eligible for dividends. The meeting sets the stage for future policies, profitability, and institutional reforms.