Nepal Investment Bank Limited (NIBL) has recently acquired Mega Bank Limited. The new bank has it’s name as Nepal Investment Mega Bank (NIMB). The bank has already listed in Nepal Stock Exchange (NEPSE) as NIMB symbol. Previously, the NIBL was showing strong performance and providing good dividend to it’s shareholders. However, after the merger with Mega Bank, the share price has gone down sharply. In it’s latest trading on March 5, 2023, the NIMB’s per share price remained below Rs. 200.
NIBL’s dividend history: