Nepal Bank convenes its 62nd AGM; endorses proposal of 17% dividend to its shareholders

Nepal Bank has convened its 62^nd AGM for the FY 2077-78 under the leadership of its chairman Mr. Suman Raj Aryal on Poush 2, 2078.

Apart from the regular financial reports, The AGM has endorsed the board’s proposal to provide 14% bonus shares worth Rs 1.76 arba and 3% cash dividend worth Rs 37.91 crore to its shareholders from the profit it had made in the previous fiscal year. The new paid-up value of the bank will scale up to Rs 14.40 arba after capitalization of the endorsed bonus shares.