Siddhartha Bank’s 16th AGM approves 14 % bonus shares; paid up to surge to Rs 8.46 arba

Siddhartha Bank Limited has successfully conducted its 16th Annual General Meeting (AGM) on Chaitra 4, 2074. This AGM has approved to distribute 14 % bonus share of the paid up capital of Rs 6.82 arba i.e. worth of Rs 95.56 crore to its shareholders. The Bank has been issuing 10% right shares to its shareholder which will end on Chaitra 6, 2074. The Bank's paid up capital will surge to Rs 8.46 arba after the adjustment of 10% right share & 14% bonus share. IMG_9752   Currently, the Bank has been serving the country with its 100 branches (including 3 extension counters), 99 branchless banking locations, 107 ATMs and 687 POS machines. As per the unaudited financial results as at Falgun of the current  fiscal year 2074/75, the Bank has recorded Net Profit of Rs 1.13 arba, a deposit portfolio of Rs 87.57 arba and a loan portfolio of Rs 79.29 arba.