The banks are closing their books on November 3 for upcoming AGM, thus, the shareholders registered in their books till November 2 will be eligible to attend the AGM and obtain the announced dividend.
Siddhartha Bank is conducting its 24th AGM on November 16 at 10 am in Army Officers’ Club, Bhadrakali, Kathmandu. The meeting will endorse a proposal of distributing 5 percent stock and 5.53 percent cash dividend including tax to its shareholders. Moreover, the meeting will delegate authority to BOD to amend article and memorandum of association, approve CSR expenses and appoint an auditor.
Citizens Bank International (CZBIL) also endorsing a proposal of distributing 5 percent stock and 0.263 percent cash dividend to its shareholders.
