Agricultural Development Bank Limited Successfully Holds 19th Annual General Meeting with Encouraging Financial Returns
15th December 2025, Kathmandu
Agricultural Development Bank Limited (ADBL) has successfully concluded its 19th Annual General Meeting (AGM), reinforcing its established position as Nepal’s preeminent financial institution in agricultural financing. The AGM, convened for the review of the Fiscal Year 2024/25, was held on Monday, 15 December 2025, at the Central Training Institute located in Bode, Bhaktapur.
ADBL Holds 19th AGM
The annual gathering served as a comprehensive platform for the review of the bank’s overall performance, its significant operational expansion, the distribution of shareholder returns, and the formulation of its strategic direction for the coming period. The meeting facilitated crucial interaction among the bank’s management, the members of the Board of Directors, and its diverse shareholder base, underscoring a commitment to participatory governance.
Strong Nationwide Network and Sectoral Leadership
A key focus of the discussion at the AGM was the substantial progress made by Agricultural Development Bank Limited in extending its modern banking services across the entirety of Nepal. The bank highlighted its expansive and strategic operational network as foundational to its mission.
Broad Institutional Presence: ADBL currently operates through an extensive network comprising 285 offices nationwide, including its head office and numerous branch offices. This broad institutional presence is a tangible reflection of the bank’s long-term commitment to the critical national objectives of financial inclusion, rural development, and equitable access to formal banking services. By strategically leveraging this wide service network, the bank continues to play an essential role in connecting underserved communities and local enterprises to formal financial systems, stimulating grassroots economic growth.
Agricultural Financing Leadership: Among the commercial banks operating in Nepal, Agricultural Development Bank Limited has consistently maintained its leadership position by making the highest level of investment in the agricultural sector. The bank’s strategic core focus remains steadfastly on agriculture, livestock, agri-business, and various rural enterprises. These sectors are universally recognized as vital pillars of Nepal’s economy, and ADBL’s strategic prioritization of them has solidified its identity as a truly development-oriented financial institution.
Shareholder Returns and Financial Health Endorsed
One of the most significant and anticipated outcomes of the 19th AGM was the formal approval of the proposal concerning shareholder returns, signaling the bank’s sound financial health and sustained profitability.
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Dividend Approval: The AGM successfully passed a proposal for the distribution of dividends to its shareholders. The approved returns included a distribution of 3.25 percent bonus shares based on the existing paid-up capital. Additionally, the meeting endorsed a 9.75 percent cash dividend to shareholders, with this figure being inclusive of all applicable tax liabilities.
Commitment to Compliance: The management reaffirmed its commitment to the timely distribution of the approved bonus shares and the cash dividend to all eligible shareholders. This distribution will be executed as quickly as possible, ensuring strict adherence to all prevailing laws and regulatory provisions set forth by the governing bodies. This dividend decision is a strong indicator of the bank’s sound financial performance and its ongoing emphasis on rewarding its shareholders while simultaneously maintaining the bank’s long-term financial stability and sustainability.
Leadership, Governance, and Stakeholder Engagement
The 19th Annual General Meeting was conducted under the able leadership and chairmanship of Mr. Dim Prasad Poudel, Chairman of the Board of Directors.
Meeting Guidance and Interaction: Chairman Poudel efficiently guided the meeting through all key agendas, which included the formal approval of financial statements, addressing critical shareholder concerns, and outlining future strategic commitments. The meeting featured active participation, including remarks from nine speakers, one of whom was Mr. Muktiraman Parajuli, the Representative of the Office of the Auditor General of the Government of Nepal. Furthermore, several shareholders submitted detailed written statements and raised questions directly related to the bank’s performance, its established policies, and its future action plans.
Commitment to Transparency: In response to the extensive engagement and concerns raised, Chairman Poudel provided detailed clarifications. He assured the shareholders that all suggestions and constructive feedback received during the meeting would be carefully analyzed and subsequently implemented in accordance with all applicable rules and regulations. This high level of interaction between the leadership and the shareholders underscored the bank’s strong commitment to transparency, accountability, and the principles of good corporate governance.
The AGM also witnessed a strong presence of internal and external stakeholders, including representatives from various institutions and associations. Senior management officials, employees, and members of the Board of Directors were notably present, reflecting broad institutional engagement. The proceedings were smoothly conducted by the Company Secretary, Mr. Himalal Paudyal, who ensured the orderly management of the meeting and full compliance with all statutory requirements. Mr. Paudyal, who also serves as the bank’s Spokesperson, communicated the official outcomes of the successful AGM.
For More: ADBL Holds 19th AGM
