Prime Commercial Bank Endorses 8.421% Dividend in 18th AGM

Prime Commercial Bank has successfully conducted it's 18th Annual General Meetings, under the chairmanship of Board Chairman Mr. Rajendra Das Shrestha.

A total dividend of 8.421% was approved, comprising 8% bonus shares and 0.421% cash dividend (for tax purposes on bonus shares) to shareholders from the profit of fiscal year 2081/82, as recommended by the Board of Directors.

The meeting also elected senior economic journalist Dr. Gajendra Bista as a director representing the general public shareholders. Dr. Bista had previously served on the bank’s board as well.

Addressing the AGM, Chairman Shrestha expressed gratitude to shareholders and stakeholders for their support and reaffirmed the bank’s commitment to expanding its services and branch network, ensuring fair and timely returns to shareholders, and enhancing customer-centric digital banking solutions in the coming days.