The bank that previously called out AGM in Rastriya Sabhagriha, Pradarshani Marg, Kathmandu is now conducting the AGM in the conference hall of Nepal Prasasanik Prashikshyan Pratisthan (staff college) at Jawalakhel, Lalitpur.
NMB Bank is conducting 24th AGM on January 9. The AGM will endorse a proposal of distributing 21 percent stock and 14 percent cash dividend including tax to its shareholders.
The bank with Rs 11.52 billion in paid-up capital started joint transaction with Om Development Bank after its acquisition from September 28. The paid-up capital of the bank will reach Rs 13.95 billion after the bonus share distribution.
In this regard, the bank closed its book from December 20, thus, the shareholders registered in its book till December 19 are eligible to attend the AGM and obtain the announced dividend.
