There will be no dividend paid to Excel Development Bank (EDBL) shareholders in fiscal year 2078/79.

Excel Development Bank Limited (EDBL) has announced that it will not pay dividends in fiscal year 2078/79.

The EDBL Board of Directors decided on Chaitra 27, 2079, that no dividends will be paid for fiscal year 2078/79. The financial statements, however, are subject to approval by Nepal Rastra Bank and the company’s upcoming Annual General Meeting.