Standard Chartered Bank Nepal Calls AGM to Approve 19 Percent Cash Dividend
23rd November 2025, Kathmandu
Standard Chartered Bank Nepal Limited has announced its 39th Annual General Meeting (AGM), scheduled to be held on December 15, 2025 (Mangsir 29, 2082), at the Army Officers Club in Bhadrakali, Kathmandu, starting at 10 AM.
Standard Chartered Calls AGM
The meeting’s primary agenda is to secure shareholder approval for a substantial cash dividend distribution from the profits of the last fiscal year.
Dividend Proposal and Shareholder Return
Standard Chartered Bank Nepal, a major player in the commercial banking sector, has maintained a robust profitability profile, enabling it to propose a highly attractive dividend solely in the form of cash.
Dividend Rate: The AGM will seek approval to distribute a 19 percent cash dividend to its ordinary shareholders. This rate is based on the bank’s current paid-up capital of NPR 10.042 billion.
Cash-Only Distribution: Notably, the entire 19 percent dividend is proposed as a cash dividend, which is inclusive of the tax liability applicable to the dividend. This means the bank is not proposing to issue any bonus shares, indicating that the bank is comfortable with its current capital base and wishes to provide immediate liquidity to its shareholders.
Financial Context: The proposed 19 percent cash dividend is consistent with the bank’s distribution history over the last few fiscal years and reflects its strong financial position. For the last fiscal year (FY 2081/82), the bank reported a net profit of approximately NPR 3.02 billion (based on unaudited Q4 results). This profitability provides a strong foundation for the proposed distribution.
The dividend proposal must first be approved by the Nepal Rastra Bank (NRB) before it can be formally endorsed by the shareholders at the AGM for subsequent disbursement.
Corporate Governance and AGM Agenda
In addition to the dividend, the 39th AGM will address several mandatory corporate governance and procedural matters essential for the bank’s continued legal and operational compliance.
Financial Report Approval: The meeting will pass the annual financial reports for the previous fiscal year, which include the detailed annual report, the balance sheet, and the profit and loss statement. This provides essential transparency regarding the bank’s financial health and operational performance to its shareholders.
Advertisement
Auditor Appointment: Shareholders will discuss and approve the proposal for the appointment of the external auditor for the current fiscal year (FY 2025/26) and determine their respective remuneration. This ensures independent and periodic scrutiny of the bank’s financial records.
Charter Amendments: The Board of Directors will be granted authorization to amend the bank’s Articles and Regulations. This is a standard authorization sought by commercial banks to allow the board to make necessary changes to the bank’s charter in a timely manner, especially those mandated by the ever-evolving regulatory directives issued by the NRB and other relevant bodies.
Book Closure Details for Eligibility
To facilitate the dividend payment and to finalize the list of eligible shareholders for the meeting, the bank has announced a specific book closure date.
Book Closure Date: The bank will close its share register on Mangsir 16, 2082.
Eligibility Cut-off: Shareholders who hold shares in their dematerialized (Demat) accounts up to the end of the trading day on December 1, 2025 (Mangsir 15, 2082), will be deemed eligible. This is the crucial cut-off date to be entitled to both:
Receive the announced 19 percent cash dividend (including tax).
Attend and participate in the 39th Annual General Meeting.
As a foreign-owned commercial bank operating in Nepal, Standard Chartered Bank Nepal’s consistently high cash dividend distribution reflects its focus on efficiency, strong risk management, and its ability to maintain a superior financial performance relative to the sector average.
For More: Standard Chartered Calls AGM
