Garima Bikas Bank Proposes 10.53% Dividend for FY 2081/82

Garima Bikas Bank Limited (GBBL) has announced a dividend proposal for its shareholders from the profit of the fiscal year 2081/82. The decision was made during the bank’s 334th Board of Directors meeting held on Monday, Ashwin 27, 2082, at 3:30 PM.

According to the proposal, the bank plans to distribute a total dividend of 10.53%, which includes a 6% bonus share and 4.53% cash dividend (including tax on bonus shares) from the accumulated profits. The proposed dividend will be distributed to shareholders after approval from Nepal Rastra Bank (NRB) and endorsement from the bank’s upcoming 19th Annual General Meeting (AGM).

At present, Garima Bikas Bank has a paid-up capital of Rs. 5.68 Arba. After the distribution of the proposed bonus shares, the bank’s paid-up capital will increase to approximately Rs. 6.02 Arba.

Headquartered in Lazimpat, Kathmandu, Garima Bikas Bank has been providing modern banking services across the country through 125 branch offices, one extension counter, and 51 ATMs. The bank continues to expand its service network, offering accessible and technology-driven financial solutions to its customers nationwide.

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