Kamana Sewa Bikas Bank Approves 15% Cash Dividend at It's 20th AGM

Kamana Sewa Bikas Bank Limited (KSBBL) has approved a 15% cash dividend, including tax, for its shareholders for the fiscal year 2082/83.

The dividend was approved at the bank's 20th Annual General Meeting held on Bhadra 31 at Amprali Banquet, Bhatbhateni, Kathmandu under the chairmanship of Chairman Sudip Acharya.

The AGM also approved a proportional 9% dividend for preference shareholders for the period from the date of allocation of preference shares to the end of Ashadh 2083.

The meeting endorsed the bank’s audited financial statements for FY 2082/83, including the balance sheet, profit and loss account, cash flow statement and related schedules. It also approved the appointment of N.B.S.M. & Associates as the external auditor.

CEO Dinesh Thakali said the bank remains committed to strengthening its operations and maintaining sustainable growth while continuing its record of double-digit dividend distribution.