The bank is conducting its AGM on March 25 in |Hotel Holiday Home, Birtamod, Jhapa at 10:00 AM. The meeting will endorse a proposal of distributing 17 percent cash dividend to its shareholders.
Moreover, the meeting is scheduled to endorse a proposal of issuing 55 percent right shares in a bid to meet the minimum paid-up capital as per NRB directive.
After the right issue, the paid-up capital of the bank will reach Rs 1.08 billion.
