The bank is conducting its 25th AGM on January 14. The 432nd board of directors meeting of the bank held on December 15 decided to call the AGM on Tribhuwan Army Officers' Club, Bhadrakali, Kathmandu at 11:00 AM.
The meeting is supposed to endorse a proposal of distributing 5 percent stock and 10.79 percent cash dividend including tax to its shareholders.
Moreover, the bank is supposed to amend its article of association and regulations and delegate authority to BOD to fulfill legal requirement as per regulatory body.