Garima Bikas Bank Announces 10.53% Dividend for FY 2081/82
Garima Bikas Bank has announced a 10.53% dividend, including 6% bonus shares and 4.53% cash dividend, from the profit of FY 2081/82.
Garima Bikas Bank Limited (GBBL) has announced a 10.53% total dividend for its shareholders from the profit of 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.
As per the proposal, shareholders will receive a 6% bonus share and a 4.53% cash dividend (including tax on bonus shares). The proposed distribution will take effect after approval from Nepal Rastra Bank (NRB) and endorsement from the bank’s upcoming 19th Annual General Meeting (AGM).
Currently, Garima Bikas Bank’s paid-up capital stands at Rs. 5.68 Arba. After the issuance of the proposed bonus shares, the paid-up capital will rise to approximately Rs. 6.02 Arba.
Headquartered in Lazimpat, Kathmandu, Garima Bikas Bank operates through 125 branch offices, one extension counter, and 51 ATMs across Nepal. The bank continues to expand its service network, emphasizing digital transformation, rural access, and inclusive financial growth.
The dividend proposal signals the bank’s steady profitability and focus on shareholder returns, reflecting resilience amid a challenging financial environment in Nepal’s development banking sector.