Banking

Citizens Bank Calls 20th AGM to Approve 4% Dividend

Citizens Bank International has called its 20th Annual General Meeting on Ashoj 28 to approve a 3.8% bonus share and 0.2% cash dividend proposed for shareholders.

Published September 23, 2026By Share Gyan

Citizens Bank Calls 20th AGM to Approve 4% Dividend

Citizens Bank International Limited (CZBIL) has called its 20th Annual General Meeting (AGM) to approve the dividend proposed from the bank’s profit for the previous fiscal year. The AGM will be held on Ashoj 28, 2083 (Wednesday) at Amrit Bhog, Kalikasthan, Dillibazar, Kathmandu, starting at 11:00 AM. Among the key agendas, the AGM will approve the distribution of a 3.8% bonus share and 0.2% cash dividend for tax purposes on the bank’s current paid-up capital. The total proposed dividend stands at 4%. The meeting will also consider authorizing the Board of Directors to amend the bank’s Memorandum of Association and Articles of Association, along with the appointment of the auditor and other regular AGM agendas. The bank has fixed Ashoj 19 as the book closure date for the AGM and dividend distribution. Therefore, shareholders holding the bank’s shares until Ashoj 16 will be eligible to participate in the AGM and receive the proposed dividend.

SEBON Approves 50% Right Share Issuance of NIC Asia Bank Worth Rs 7.45 Billion

The Securities Board of Nepal (SEBON) has granted preliminary approval to NIC Asia Bank Limited to issue 50 percent right shares at a 1:0.50 ratio. The bank will issue 74,587,835 shares worth Rs 7.45 billion at a face value of Rs 100 per share.

Nov 4, 2026

NRB to Sell Gold Coins and Silver Medallions for Tihar from November 5

Nepal Rastra Bank (NRB) will sell 2.5-gram gold coins and 10-gram silver medallions featuring Goddess Laxmi and Lord Ganesh on November 5 and 6 (Kartik 19 and 20) from its Minting Division in Babarmahal, Kathmandu.

Nov 4, 2026

Himalayan Laghubitta Proposes 5% Dividend for FY 2082/83

Himalayan Laghubitta (HLBSL) has proposed a 5% dividend for shareholders, comprising 4.75% bonus shares and 0.25% cash dividend for the fiscal year 2082/83.

Nov 2, 2026

Rastriya Banijya Bank Reports 175.52% Growth in Q1 Net Profit

Rastriya Banijya Bank Limited has reported a remarkable 175.52% year-on-year growth in net profit, earning Rs. 1.64 billion in the first quarter of FY 2083/84, compared to Rs. 598.73 million in the corresponding period of the previous fiscal year. The significant growth was driven by a sharp increase in net interest income and a substantial decline in impairment charges.

Nov 1, 2026

Kumari Bank Reports Rs. 1.07 Arba Net Profit in Q1; Operating Profit Jumps 32.39%

Kumari Bank Limited (KBL) has reported a modest 1.70% year-on-year growth in net profit, earning Rs. 1.07 billion in the first quarter of FY 2083/84, compared to Rs. 1.06 billion in the corresponding period last fiscal year. Despite a decline in net interest income, the bank recorded strong growth in operating profit, supported by a significant reduction in impairment charges and operating expenses.

Nov 1, 2026

NMB Bank Reports 27.11% Growth in First-Quarter Net Profit

NMB Bank Limited has reported a 27.11% year-on-year increase in net profit, earning Rs. 1.16 billion in the first quarter of FY 2083/84, compared to Rs. 915.98 million in the corresponding period of the previous fiscal year. The growth was supported by higher operating income, increased net interest income, and a significant decline in impairment charges.

Nov 1, 2026