Last day to secure dividend of Nepal Investment Bank

Jan 05, 2021 09:49 AM Merolagani

Today is the last day to secure dividend of Nepal Investment Bank (NIB). The bank is closing its book on January 6 for its upcoming AGM, thus, the shareholders registered in its book till January 5 will be eligible to attend the AGM and obtain the announced dividend.

The bank is conducting its 34th AGM on January 21 in its head office at Durbar Marg at 10 AM through a video conference.

The AGM will endorse a proposal of distributing 13 percent stock and 5.50 percent cash dividend to its shareholders.

The meeting will also approve agendas on the increment of authorized capital to Rs 18 billion and delegate authority to BOD to forward merger/acquisition with suitable partners.

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