Ace Development annual meeting

KATHMANDU, JAN 14: 

Ace Development Bank held its 17th annual general meeting (AGM) on Sunday under its chairman Yogendra Shakya. The annual general meeting approved the financials of the last fiscal year and elected five board members. It elected Yogendra Shakya, Rajib Raj Bhandari and Rajendra Dahal as board members representing the promoters group, the development bank said, adding Binod Ratna Tuladhar and Keshab Bohora were also elected as board members representing the public shareholders group. The development bank has collected deposits worth Rs 5.5 billion, floated loans worth Rs 4.48 billion and its total assets stands at Rs 7.87 billion till date, it said in a press note. 

Source: THT