Shangrila Development Bank convenes its 15th AGM; clears way for 8.9592% dividend for shareholders

Wed, Jan 15, 2020 10:28 AM on AGM/Special AGM, Corporate, Latest,

Shangrila Development Bank has convened its 15th AGM on Poush 29, 2076. Endorsing all the financial reports, the AGM has also endorsed the proposal to provide 8.9592% dividend worth Rs 23.35 crore to the shareholders.

The AGM has also appointed Shyam Karki and Company Chartered Accountants as the external auditor for the ongoing fiscal year.

The bank has a paid up capital of Rs 2.60 arba, has 89 branches, and 26 ATM terminals under its network.