October 13, 2026

Garima Bikas Bank Endorses 20 Percent Dividend at 20th Annual General Meeting

13th October 2026, Kathmandu

Garima Bikas Bank Limited has formally approved a 20 percent total dividend distribution for its shareholders.

The decision was made during its 20th Annual General Meeting held in Pokhara.

The development bank’s general assembly endorsed both equity bonus shares and cash payout proposals to distribute profits to its investors.

Total Dividend Approved: The meeting endorsed a 20 percent dividend package comprising a 10 percent bonus share distribution and a 10 percent cash dividend, including tax coverage.
Annual General Meeting Details: The 20th Annual General Meeting was concluded at Hotel Pokhara Grand in Pokhara Metropolitan City, Kaski District.
Financial Statements Endorsed: Approved the financial report for the fiscal year 2082/83, including the auditor’s report, balance sheet as of mid-July 2026 (Ashad end, 2083), profit and loss accounts, cash flow statements, and changes in equity.
Auditor Appointment: Approved the appointment of statutory auditors for the fiscal year 2083/84.
Current Paid-Up Capital: Operates on an existing paid-up capital base of NPR 6,021,348,367.22.
Post-Bonus Paid-Up Capital: Following the issuance and capitalization of the 10 percent bonus shares, the bank’s paid-up capital will increase to NPR 6,623,483,203.94.
Service Network: Provides banking services nationwide through 126 branch offices, 51 ATMs, and digital banking channels.