Machhapuchchhre Bank’s 19th AGM successfully conducted; approves 15% dividend
Sun, Dec 3, 2017 9:01 AM on Latest, Featured, AGM/Special AGM, Stock Market,
Machhapuchchhre Bank Limited (MBL) has successfully conducted its 19th Annual General Meeting on Mangsir 15, 2074 at Hotel Pokhara Grand, Pokhara. The AGM has approved 9% bonus share and 6% cash dividend from the profit it had earned in the FY 2073/74.
Issuing a press statement published yesterday, the bank said that it has also appointed Mr. J.P Rajbahak and Company as an auditor for 3 years. It’s paid up capital stand at Rs 7.39 arba and after issuance of bonus share it’s paid up capital reached Rs 8.05 arba.
Moreover, the bank has collected deposits of Rs 60.30 arba and has disbursed loan of Rs 54.42 arba in the first quarter of FY 2074/75. Also, it has earned net profit of Rs 28.9 crore.
The bank has been providing services from 62 branch offices, 4 extension counters, 7 branchless banking system and 84 ATM oulets to its customers added in the statement.
Issuing a press statement published yesterday, the bank said that it has also appointed Mr. J.P Rajbahak and Company as an auditor for 3 years. It’s paid up capital stand at Rs 7.39 arba and after issuance of bonus share it’s paid up capital reached Rs 8.05 arba.
Moreover, the bank has collected deposits of Rs 60.30 arba and has disbursed loan of Rs 54.42 arba in the first quarter of FY 2074/75. Also, it has earned net profit of Rs 28.9 crore.
The bank has been providing services from 62 branch offices, 4 extension counters, 7 branchless banking system and 84 ATM oulets to its customers added in the statement.
