Nepal Clearing House Completes 15th Annual General Meeting, Approves Dividend

Kathmandu. Nepal Clearing House Limited has completed its fifteenth annual general meeting for the fiscal year 2082/83. The meeting approved the balance sheet, profit and loss account, and cash flow statement up to the end of Ashadh 2083, including the audit report, and decided to distribute a 15% bonus share and 0.789474 percent cash dividend for tax purposes.

After this, the paid-up capital of NCHL will be equivalent to Rs. 1,67,72,88,200. The company will use the capital increase to further strengthen national payment systems, national and cross-border transaction payment systems, infrastructure for DPI, risk management, and upgrade operational infrastructure.