Deva Bikas Bank to conduct AGM on July 11

Jun 20, 2018 Merolagani

Deva Bikas Bank (DBBL) is conducting its 11th AGM on July 11. The 239th board of directors meeting of the company held on June 19 decided to call the AGM in Nepa Banquet, Khusibu, Kathmandu at 11:00 AM.

The bank is supposed to endorse a proposal of distributing 17.1 percent stock and 0.90 percent cash dividend to its shareholders.  

Moreover, the meeting will also delegate the authority to BOD to identify potential BFIs for merger or acquisition or foreign strategic partners, signs Memorandum of Understanding, conduct Due Diligence Audit along with others.

The bank is closing its book from June 29 to July 11 for the AGM purpose, thus, the shareholders registered in its book till June 28 will be eligible to attend the AGM.

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