Share MarketNabil Bank convened AGM for Bonus and merger

Nabil Bank convened AGM for Bonus and merger

Nabil Bank has convened its annual general meeting. The bank has convened a meeting at its central office at Durbar Marg on Push 30, Friday.

Various proposals including dividend will be presented in the meeting. The bank has proposed a total dividend of 38 percent with 33.60 percent bonus share and 4.40 percent cash for tax purposes from the profit of the fiscal year 77/78. The dividend will be distributed to the investors after it is passed by the general meeting. This year Nabil has proposed the highest dividend among commercial banks.

The bank has decided to close the book on push 16 for the purpose of Annual general meeting. Only existing shareholders till push 15 can able to attend the AGM and can receive the dividend.

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