The company is conducting its 12th AGM on January 14 in Amritbhog, Kalikasthan, Kathmandu at 11:00 AM.
The meeting will endorse a proposal of distributing 5 percent stock and 15 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process with suitable partners and appoint an auditor for the current FY.
Presently, the bank has a paid-up capital of Rs 2.58 billion that will reach Rs 2.7 billion after the bonus share distribution.
