Lumbini Bikas Bank's 10th AGM to be convened today; Meeting lack any dividend for FY 2073/74

The 10th AGM of Lumbini Bikas Bank Limited (LBBL) will be convened on Bhadra 31, 2975 i.e. today. The meeting will be convened in the premises of Amrit Bhog, Kalikasthan, Kathmandu at 11:00 AM.

The main agendas of the meeting are:

1. To convert the financial aid provided to individuals and companies worth Rs 2,71,219 as Corporate Social Responsibility.
2. To provide authority to the directors regarding the signing in any kind activities related to mergers and acquisition.

The other agendas of the meeting include:

1. To endorse the audited financial statement for the fiscal year 2073/74.
2. To endorse consolidate financial statement of Vibor Capital Limited for the fiscal year 2073/74.
3. Appointment of the statutory auditor for the fiscal year 2074/75 and
4. Appointment of 3 directors each from the Ordinary shareholders group and Promoters group.