Kabeli to Distribute 20% Bonus Share

May 11: Kabeli Bikas Bank, headquartered at Dhankuta, is distributing 20 percent bonus share. The 9^th annual general meeting of the bank approved a proposal regarding the bonus share on May 10.

In the AGM, the bank informed of collecting Rs 589.2 million deposit and extending loan of Rs 695.4 million. “The meeting proposed to maintain the capital structure ratio of promoter and general shareholder to 51:49,” said Gopal Prasad Kafle, Chairman of the bank.

“Moreover, the AGM elected Gopal Prasad Kafle, Janardan Ghimire, Hem Raj Subedi and Laxmi Nath Ghimire as directors,” said Mohan Dhungel, Information Officer of the bank.