Credit Information Bureau annual meeting
KATHMANDU, JAN 07:
Credit Information Bureau (CIB) held its eighth annual general meeting that decided to give 10 per cent cash and 20 per cent stock dividend to its promoter shareholders from the profit of last fiscal year. It also decided to increase its capital to Rs 150 million from the present Rs 100 million, it said. CIB has maintained a steady growth of 700 per cent since the last four years. It posted a net profit of Rs 50.60 million during the period, an increase of 70 per cent as compared to fiscal year 2009-10. CIB also felicitated its ex-chairman Ashoke Rana and ex-member Ram Santa Shrestha for their contribution.
Source: THT
