Araniko Development Bank 11th AGM approved 17.89% bonus share

Mon, Dec 12, 2016 10:00 AM on Latest, Featured, AGM/Special AGM,
Araniko Development Bank Limited has successfully conducted its 11th Annual General Meeting on Mangsir 24, 2073 at Mount Princess Hotel, Dhulikhel , Kavre. The development bank’s AGM has approved 17.89 percent bonus share to its shareholders. Jhanak Raj Dhungel, CEO of Araniko Development Bank said, ‘The bank has total capital of Rs 25.78 crore. It has collected Rs 2.09 arba in deposits and has extended loan and advances of Rs 1.85 arba. It has earned operating profit of Rs 2.17 crore till Mangsir 23, 2073.