Jyoti Bikas Bank conducts its 10th AGM, Endorses 10% bonus shares
Tue, Jan 16, 2018 12:02 PM on Latest, Dividend, Bonus & Rights, Featured, AGM/Special AGM,
Jyoti Bikas Bank Limited (JBBL) conducted its 10th AGM on Poush 30, 2074 at Rastriya Sabha Griha, Kathmandu. The AGM has endorsed 10% and 6% bonus shares to the shareholders of Jyoti Bikas Bank and Rapti Bheri Bikas Bank respectively.the amount of bonus would be Rs 22.08 crore and Rs 94.23 lakhs.
The AGM also decided that the Article of Association will be amended as per the provisions of BAFIA, 2073. The bank has been able to establish its corporate image in the 10th year of its operation. It has been providing various facilities to its customers like Free Internet Banking, Mobile Banking, ABBS service and more. Also, Mr Manoj Gyawali has been appointed as the CEO of Jyoti Bikas Bank.
After the acquisition of Rapti Bheri Bikas Bank and after the establishment of 11 new branches, the total branches of the bank have reached to 49. In the current year, the bank has collected a total deposit of Rs 13.4 arba and has provided 12.10 arba of loan to its customers.
After the issuance of bonus shares, its paid-up capital will reach to Rs 2.59 arba.
The AGM also decided that the Article of Association will be amended as per the provisions of BAFIA, 2073. The bank has been able to establish its corporate image in the 10th year of its operation. It has been providing various facilities to its customers like Free Internet Banking, Mobile Banking, ABBS service and more. Also, Mr Manoj Gyawali has been appointed as the CEO of Jyoti Bikas Bank.
After the acquisition of Rapti Bheri Bikas Bank and after the establishment of 11 new branches, the total branches of the bank have reached to 49. In the current year, the bank has collected a total deposit of Rs 13.4 arba and has provided 12.10 arba of loan to its customers.
After the issuance of bonus shares, its paid-up capital will reach to Rs 2.59 arba.
