The meeting is supposed to endorse a proposal of distributing 8.5 percent stock and 0.45 percent cash dividend to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger or acquisition plan and to amend its article of association and policies as per requisites of regulatory bodies.
The bank has also proposed of carrying out insurance, securities, fintech, venture capital, credit rating, share brokerage and underwriter business by amending its article of association and policies.
Presently, the bank has a paid-up capital of Rs 8.22 billion that will reach Rs 8.92 billion after bonus share distribution.
