Kathmandu, October 14. Nepal Clearing House Limited (NCHL) has approved a 15% bonus share distribution and a 0.789473% cash dividend for tax purposes at its 15th Annual General Meeting for the fiscal year 2082/83. The AGM was held in Kathmandu on October 14, 2026 (Ashwin 28, 2083).
The meeting approved the company’s balance sheet as of the end of Ashadh 2083, along with its profit and loss statement and cash flow statement, accompanied by the auditor’s report.
Paid-Up Capital to Reach Rs. 1.67 Billion
Following the issuance of bonus shares, NCHL’s paid-up capital will reach Rs. 1,677,288,200.
The company plans to use the increased capital to strengthen national payment systems, develop additional payment systems for domestic and cross-border transactions, expand digital public infrastructure (DPI), improve risk management, and upgrade its existing operational infrastructure.
Payments Worth Rs. 210 Trillion Settled in FY 2082/83
NCHL’s payment systems settled a total of 238.2 million transactions worth Rs. 210 trillion during fiscal year 2082/83.
The number and value of transactions settled by the company increased by 13% compared with the previous fiscal year. Alongside this growth, the company’s operating income increased by 7%.
However, NCHL reported a net profit of Rs. 410 million, down 2% compared with the previous fiscal year.
Plans to Establish a Separate Financial Technology Company
The AGM authorized the Board of Directors to proceed with the necessary approvals and processes to establish a separate public limited company as a subsidiary or an affiliated company of NCHL.
The proposed company will focus on research in banking, financial and payment technologies, as well as the development, installation and implementation of technology and software required by the financial sector.
The initiative is intended to support the development of financial technology infrastructure and software solutions for banks and other financial institutions.
Board Representation and Ownership Structure
NCHL’s Board of Directors comprises one representative from Nepal Rastra Bank, three representatives from commercial banks, one representative each from development banks and finance companies, and one independent director.
Nepal Rastra Bank holds a 9.45% stake in NCHL, while banks and financial institutions collectively own the remaining 90.55%.
Expanding Nepal’s National Payment Infrastructure
NCHL operates several payment systems, including NCHL-ECC, NCHL-IPS, EFT Card Switch, and the National Payment Switch (NPS), which includes NPS-NCS and RPS. The company also operates NPI and NPIx.
Its payment instruments and services include connectIPS, CORPORATEPAY, connectRTGS, NEPALPAY QR and NEPALPAY Card.
NCHL currently has 53 member banks and financial institutions, including Nepal Rastra Bank, along with more than 150 non-banking institutions affiliated as indirect or technical members.
With increased capital, growing transaction volumes and plans to establish a dedicated financial technology company, NCHL is continuing to expand its role in Nepal’s digital payment ecosystem.
