Nepal SBI Bank Approves 9 Percent Dividend at 32nd AGM

4th January 2026, Kathmandu

Nepal SBI Bank Limited has successfully concluded its 32nd Annual General Meeting marking a significant chapter in its three decade long journey within the Nepalese financial landscape. The assembly served as a platform for the bank to announce its financial rewards for shareholders and to update its corporate governance structure.

Nepal SBI Bank AGM

During the meeting held in Kathmandu the board of directors and the investing public reviewed the bank’s performance over the previous fiscal year concluding that despite various economic shifts the institution remains on a path of stability and growth. The successful completion of the AGM reinforces the bank’s reputation for professionalism and its strong ties with its parent institution the State Bank of India.

DIVIDEND DISTRIBUTION AND SHAREHOLDER RETURNS

One of the primary highlights of the 32nd AGM was the formal endorsement of a 9 percent total dividend for the shareholders. This payout is structured to provide a balance between immediate cash returns and long term capital growth. Specifically the bank will distribute a 4 percent bonus share and a 5 percent cash dividend. These figures are calculated based on the bank’s existing paid up capital and the total 9 percent figure is inclusive of all applicable taxes on both components. This consistent dividend policy highlights Nepal SBI Bank’s commitment to providing sustainable value to its investors who have remained loyal to the bank’s long term vision and prudent financial management practices.

GOVERNANCE MILESTONE ELECTION OF APSARA UPRETI

In a notable move for corporate governance the AGM witnessed the unopposed election of Ms Apsara Upreti as a director representing the general public shareholders group. Her election is a significant development as it ensures that the voices of individual retail investors are represented at the highest decision making level of the bank. The unanimous support for her candidacy reflects the high degree of shareholder confidence in her professional expertise and leadership abilities. With this new appointment the board aims to enhance its oversight capabilities and maintain a balanced perspective that protects the interests of all stakeholders including minority shareholders and the general public.

TRANSPARENCY THROUGH CONSOLIDATED FINANCIAL STATEMENTS

The 32nd AGM also saw the approval of the consolidated financial statements for the fiscal year 2081 2082. These statements included the financial data for Nepal SBI Bank as well as its subsidiary Nepal SBI Merchant Banking Limited. The presentation of consolidated accounts provides a holistic view of the bank’s group level performance ensuring that investors are fully aware of the activities and profitability of the bank’s various business units. This level of transparency is essential for maintaining the bank’s creditworthiness and complying with the stringent reporting requirements set by the Nepal Rastra Bank and other regulatory authorities.

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APPOINTMENT OF AUDITORS AND FINANCIAL OVERSIGHT

To ensure continued financial accountability and adherence to statutory requirements the AGM appointed Upadhyay and Company Chartered Accountants as the external auditor for the fiscal year 2082 2083. The meeting also finalized the auditor’s remuneration for the upcoming year. This appointment follows the guidelines of the Company Act and the specialized regulations for financial institutions in Nepal. Having a reputable third party firm conduct the audit is a cornerstone of the bank’s risk management strategy as it provides an independent verification of the bank’s financial health and its compliance with national and international accounting standards.

NATIONWIDE SOCIAL IMPACT THROUGH 32 CSR PROGRAMS

Coinciding with its 32nd anniversary and AGM Nepal SBI Bank announced that it has successfully conducted 32 Corporate Social Responsibility programs across all seven provinces of Nepal. These initiatives were designed to give back to the communities that have supported the bank’s growth over the decades. While the bank did not disclose the specific details of every project during the meeting it confirmed that the programs covered a wide range of sectors including education health and environmental conservation. This nationwide approach to social engagement demonstrates the bank’s commitment to inclusive development and its role as a socially responsible corporate citizen that looks beyond mere profitability.

LEGACY AND STRATEGIC ROLE IN NEPAL’S BANKING SECTOR

As a joint venture with the State Bank of India Nepal SBI Bank occupies a unique position in the domestic market. It plays a vital role in facilitating trade finance between Nepal and India as well as providing efficient remittance services for the thousands of Nepalis living and working abroad. The bank’s reputation for reliability is built on its parent company’s global expertise and its own local knowledge of the Nepalese market. By consistently investing in modern technology and professional staff training the bank has managed to stay ahead of the competition and maintain its status as one of the most trusted names in the commercial banking sector.

CONCLUSION AND NEXT STEPS FOR INVESTORS

In conclusion the 32nd Annual General Meeting of Nepal SBI Bank was a resounding success with the approval of a 9 percent dividend and the election of a new public director. These outcomes signal a period of operational stability and financial resilience for the institution. Shareholders can expect the 4 percent bonus shares to be credited to their Demat accounts after the completion of the necessary regulatory filings while the 5 percent cash portion will be directly deposited into their bank accounts. As the bank looks toward the future its focus remains on enhancing customer service and expanding its digital footprint across Nepal.

For More: Nepal SBI Bank AGM