The AGM will endorse a proposal of distributing 25 percent dividend including 5 percent stock and 20 percent cash dividend including tax to the shareholders. The meeting will amend its article of association and policies in related with change in capital after conversion of 7 percent preference shares into ordinary shares.
Moreover, the meeting will approve financial statements of the last FY and appoint an auditor for the current FY.
The bank is closing its book from December 20 to January 8, thus, the shareholders registered in its book till December 21 will be eligible to attend the AGM and obtain the announced dividend.
Presently, the bank has a paid-up capital of Rs 8.06 billion that will reach Rs 8.47 billion after the bonus share distribution.
