The bank is conducting its 22nd AGM on January 31 in Tribhuwan Army Officers Club, Tundikhel at 11:00 AM.
The AGM is scheduled to endorse a proposal of distributing 15 percent bonus and cash dividend of 0.78 percent for tax propose to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners, appoint evaluator for DDA and forward the procedure of appointing foreign strategic partner.
Presently, the bank has a paid-up capital of Rs 8.13 billion that will reach Rs 9.35 billion after the bonus share distribution.
