22nd Anniversary of NMB

July 27: NMB Bank Limited has decided to celebrate its 22^nd anniversary on August 16 at Nepal Administrative Staff Collage, Jawalakhel. The decision was approved by the annual general meeting of the bank conducted on Monday, July 23.

The annual general meeting of the bank has also approved to distribute 15 percent bonus share and 0.78 cash dividend to the shareholders of the bank.

The meeting has authorized the management committee of the bank to lead the merger procedure of the bank.

The paid-up capital of the bank will stand at Rs 8.7 billion after the distribution of the bonus share and cash dividend. The AGM also decided to open the share ownership registration book from August 2 to 16. The bonus share of the bank will only be distributed to the shareholders registering their ownership.