Mega Bank endorses 11.75% cash dividend from its AGM; also paves way to bring foreign strategic partner for its business growth

Sat, Nov 16, 2019 11:17 PM on AGM/Special AGM, Latest,

Mega Bank has endorsed the proposed 11.75% cash dividend to its shareholders from its 11th AGM held on Kartik 29, 2076.

The AGM also gave clear direction to the bank to find suitable foreign strategic partner for it to grow and excel further. The bank is currently under the process of acquiring Gandaki Bikas Bank and the successful acquisition will result in the exponential growth of the bank with 210 branches and would make it the top ten banks in the nation in the business size.

CEO of the bank Ms. Anupama Kunjeli highlighted the CSR related activities of the bank under which it has been providing range of scholarship schemes from its all 102 branches to the needy rural students.

The bank currently has 111 branches, 21 extension counters, 121 ATMs, 119 branchless banking units and more than 2.5K Mega Remit agents all over the nation