Nadep Laghubitta Bittiya Sanstha Limited Decides Against Dividend Distribution
▸ Part of: Banks Announce Public Auctions and Financial Decisions Amidst Loan Recovery Efforts
Nadep Laghubitta Bittiya Sanstha Limited has decided not to distribute any dividends for the fiscal year 2081/82, opting instead to retain all distributable profits to strengthen its capital reserves. The microfinance institution will submit its audited financial statements to Nepal Rastra Bank for approval and will incorporate any directives received from the central bank. This decision reflects broader challenges in Nepal's microfinance sector, including rising non-performing loans and higher costs of funds.
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