The bank is conducting its 25th AGM on December 23 in Rastriya Sabhagriha, Kathmandu at 11:00 AM.
The bank is scheduled to endorse a proposal of distributing 5 percent stock and 7 percent cash dividend to its shareholders. Presently, the bank has a paid-up capital of Rs 8.08 billion that will reach Rs 8.49 billion after the bonus share distribution.
Moreover, the meeting will also delegate authority to BOD to forward merger/acquisition with suitable partners.
