Kathmandu. Kumari Bank Limited’s 26th Annual General Meeting (AGM) has approved a total dividend of 2.1053%, inclusive of tax, for shareholders from the profit of fiscal year 2082/83.
The AGM was held on Wednesday, Ashwin 28, 2083, at Silver Oak Banquet and Events on Subarna Shamsher Road in Kathmandu.
The meeting approved the Board of Directors’ annual report for fiscal year 2082/83, presented under the ordinary agenda. It also approved the financial statements up to the end of Ashadh 2083, including the balance sheet and profit and loss statement, along with the auditor’s report.
Dividend Approved for Shareholders
The AGM endorsed the proposed total dividend of 2.1053%, inclusive of tax, to be distributed to shareholders from the bank’s profit for fiscal year 2082/83.
Banking Services Through 279 Branches Nationwide
Kumari Bank has been providing banking services continuously for the past 25 years. The bank currently serves customers through a nationwide network of 279 branches, 294 ATMs, 41 extension counters and 40 branchless banking units.
Through this network, the bank provides modern and efficient banking services to its customers across the country. Kumari Bank has also reaffirmed its commitment to making banking services more accessible, convenient and effective in the coming days through continued collaboration and service improvements.
The bank aims to further strengthen customer access and deliver quality financial services through its extensive branch network and various banking channels.
