Kathmandu: Standard Chartered Bank Nepal Limited convened its 39th Annual General Meeting (AGM) at the Army Officers Club in Bhadrakali, Kathmandu on Monday. The event was chaired by Venugopal Ranganathan, who led the proceedings in the presence of shareholders.
The AGM highlighted the bank’s impressive financial performance for the fiscal year 2081/82 (2024/25). Standard Chartered Bank Nepal Limited reported an Operating Profit of NPR 4.7 billion and an underlying Profit After Tax (PAT) of NPR 3 billion. The Bank’s Return on Equity stood at 14.3%, with Earnings Per Share recorded at NPR 30.0, underscoring the bank’s resilience and robust financial health. The Bank has announced a 19.0 % cash dividend on paid-up capital, as recommended by the Board of Directors emphasising its commitment to delivering value to investors.
Ranganathan, Chairperson of the Bank, expressed heartfelt gratitude to the investors, clients, regulators, employees, and other stakeholders for their unwavering support. He stated, “Standard Chartered Bank Nepal Limited, as the only international bank in Nepal, is committed to delivering our purpose of driving commerce and prosperity through our unique diversity.” He further added, “The Board has recommended a cash dividend of 19.0% on the paid-up capital as of Ashadh end 2082, reflecting a stable cash dividend pay-out in the last three years.”
Standard Chartered Group holds 70.21 percent and the general public hold 29.79 percent shares in Standard Chartered Bank Nepal Limited.
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