The bank has called out its 24th AGM on January 10. The 333rd board of directors meeting of the bank held on December 14 decided to call the AGM in Rastriya Sabha Griha, Pradarshani Marg, Kathmandu at 10:00 AM.
The meeting is supposed to endorse a proposal of distributing 10.53 percent cash dividend worth Rs 851.399 million to its shareholders. Moreover, the meeting will amend its article of association to establish a subsidiary company to carry out stock brokerage services and delegate authority to BOD to forward procedures required by regulatory bodies.