NMB Bank Calls 30th Annual General Meeting, Dividend Proposal and Key Agendas Announced

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16th December 2025, Kathmandu

NMB Bank Limited, one of Nepal’s leading commercial banks, has officially announced the convening of its 30th Annual General Meeting (AGM). This significant gathering is scheduled to address a series of important financial, regulatory, and governance-related agendas that require the formal approval of the bank’s shareholders. The decision to call this milestone AGM was finalized during a recent meeting of the bank’s Board of Directors, a move that reflects NMB Bank’s continued commitment to the principles of transparency, regulatory compliance, and active shareholder engagement.

NMB Bank Calls AGM

The upcoming meeting is not merely a formality but a critical juncture for the bank as it seeks to update its capital structure and reward its investors following the conclusion of the previous fiscal period. It provides a transparent forum for the leadership to present its successes and for shareholders to exercise their voting rights on the bank’s future path.

Date, Time, and Venue of the 30th AGM

According to the official notice published by the bank, the 30th Annual General Meeting of NMB Bank will be held on January 8, 2025 (Poush 24, 2082), which falls on a Tuesday. The meeting is scheduled to commence at 10:00 AM and will take place at the Tribhuvan Army Officers’ Club, located in Tundikhel, Kathmandu.

The bank has invited all eligible shareholders to attend the AGM in person to participate in the discussions and contribute to the decision-making process regarding the key proposals presented by the board. This physical gathering is expected to draw a large number of investors interested in the bank’s financial health and strategic outlook.

Dividend Proposal for Fiscal Year 2024/25

The most highly anticipated agenda for the 30th AGM is the formal approval of the dividend distribution proposal for the Fiscal Year 2024/25. Following a review of its annual profits and capital requirements, the bank has proposed a total dividend payout of 10 percent based on the current paid-up capital of the institution.

The proposed dividend structure is balanced to satisfy different investor needs while simultaneously bolstering the bank’s internal reserves. It consists of the following two components:

Bonus Shares: A distribution of 5 percent in the form of bonus shares has been proposed. This component allows the bank to capitalize its earnings, thereby increasing its core capital and strengthening its equity base for future lending and expansion.

Cash Dividend: A distribution of 5 percent as a cash dividend has also been proposed. This provides immediate liquidity and a direct monetary return to the shareholders on their investment.

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If approved by the shareholders at the AGM, this dividend distribution will reward investors while ensuring that the bank maintains a healthy capital adequacy ratio, which is vital for long-term growth and stability in the competitive Nepalese banking sector.

Amendment of Memorandum and Articles of Association

A direct consequence of the distribution of bonus shares is the increase in the bank’s issued and paid-up capital. Therefore, the AGM will consider and pass a special proposal to amend the Memorandum of Association and the Articles of Association. These amendments are necessary to reflect the revised capital structure in the bank’s primary constitutional documents.

In addition to these structural changes, the AGM will deliberate on another special proposal that would authorize the Board of Directors to incorporate any suggestions, directives, or guidance received from regulatory bodies, such as Nepal Rastra Bank, while finalizing these amendments. This ensures that the bank remains flexible and fully compliant with the evolving regulatory framework of the country.

Financial Governance and Auditor Appointment

Beyond the capital and dividend discussions, the AGM will focus on essential matters of statutory and financial governance.

Approval of Reports: Shareholders will be requested to formally approve the annual report and the auditor’s report for the previous fiscal year (2081/82). This process provides a transparent look at the bank’s financial performance, its risk management practices, and its overall operational health.

Auditor Selection: The meeting will also involve the appointment of an external auditor for the current fiscal year and the determination of the auditor’s remuneration. This step is a fundamental requirement for maintaining financial accountability and ensuring that the bank’s accounts are audited according to international and national standards.

Book Closure Date and Eligibility for Shareholders

To facilitate the orderly distribution of dividends and to determine who is eligible to vote at the meeting, NMB Bank has announced a book closure date of December 23, 2025 (Poush 9, 2082). This means that only those shareholders who are officially registered in the bank’s records up to the end of business on December 23, 2025 (Poush 8, 2082), will be eligible to receive the proposed 10 percent dividend and participate in the 30th AGM. Investors are encouraged to ensure their shareholdings are updated and correctly recorded before this deadline.

In summary, the 30th Annual General Meeting of NMB Bank marks a pivotal moment in the bank’s corporate history. By addressing dividend approvals, constitutional amendments, and governance oversight, the meeting will shape the bank’s trajectory for the coming years. Through active participation, shareholders help maintain the bank’s high standards of transparency and long-term value creation.

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