Excel Development Bank Limited (EDBL) has declared that the dividend will not be distributed for the fiscal year 2080/81.
Key Highlights:
- The decision was made during the 316th Board Meeting held on Poush 4, 2081.
- The bank’s financial statements are still subject to approval from Nepal Rastra Bank.
Shareholders may await updates regarding other developments or financial disclosures from the upcoming AGM or regulatory approvals.
Dividend History:
About Excel Development Bank:
Excel Development Bank Limited, licensed under Nepal Rastra Bank’s Banking and Financial Regulation Act 2061, operates from Birtamode, Jhapa, serving rural and semi-urban districts. Promoted by professionals from diverse fields, the bank focuses on transparent, customer-friendly services, competitive interest rates, and empowering entrepreneurs. As Koshi Province’s first provincial development bank, it aims to provide sustainable financial solutions, uplift livelihoods, and promote economic growth, social responsibility, and good governance through modern and efficient banking practices.