Corporate Development Bank Limited has decided not to distribute dividends to its shareholders for the fiscal year 2081/82, as approved in the board meeting held on Poush 23 (B.S.).
Previously, the bank distributed a 5.26% dividend for FY 2078/79 but has not declared any dividends in subsequent years. Additionally, the board has resolved to submit the annual report and financial statements for the last fiscal year to Nepal Rastra Bank and obtain the necessary approval, ensuring compliance with regulatory requirements for holding the annual general meeting.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
