Garima Bikas Bank Announces 10.53% Dividend — 6% Bonus Shares and 4.53% Cash Dividend Proposed

Kathmandu, October 14 — Garima Bikas Bank Limited has announced a 10.53% total dividend for its shareholders from the profit of the fiscal year 2081/82 (2024/25). The decision was made during the board of directors’ meeting held on Monday, Ashwin 27 (October 13) at 3:30 PM.

According to the proposal, the bank will distribute 6% bonus shares and 4.53% cash dividend (including tax), making a combined total of 10.53% for its shareholders.

The proposed dividend will be distributed after approval from Nepal Rastra Bank (NRB) and endorsement by the upcoming Annual General Meeting (AGM) of the development bank.

Currently, the bank’s paid-up capital stands at NPR 5.68 billion (5,68,05,17,327.57). After the issuance of 6% bonus shares, the paid-up capital will increase to approximately NPR 6.02 billion (6,02,13,48,367.22).

Headquartered in Lazimpat, Kathmandu, Garima Bikas Bank Limited operates 125 branch offices, 1 extension counter, and 51 ATMs across Nepal, providing modern and digital banking services to its customers.