Himalayan Bank convenes its 29th AGM; endorses proposal of 26% dividend and rejects merger with Nepal Investment Bank

Sun, Jan 16, 2022 5:40 AM on AGM/Special AGM, Latest,

Himalayan Bank has convened its 29th AGM for the FY 2077-78 under the leadership of its chairman on Poush 30, 2078.

Apart from the regular financial reports, The AGM has endorsed the board’s proposal to provide 21.38% bonus shares and 4.68% cash dividend to its shareholders from the profit it had made in the previous fiscal year. The bank had raised Rs 1.49 kharba, disbursed loans of Rs 1.32 kharba during the review period.

The bank currently provides its services to its customers from its 74 branches, 5 extension counters, 148 ATM outlets, and more than 5000 remit agents under its network.