BoD of Chhimek Laghubitta Bikas Bank pledges 2:1 right shares

ShareSansar, July 16:

Chhimek Laghubitta Bikas Bank Limited has decided to pledge 2:1 right share to its shareholders.

A meeting of the microfinance company’s Board of Directors has just taken the decision to this effect.

This pledge is, however, subject to the approval of Nepal Rastra Bank and the company’s upcoming Annual General Meeting.

Established with an objective to transform socio-economic lives of the poor and underprivileged women through micro-finance services, Chhimek Laghubitta has 57 branches in 31 districts of the country.