20.53 Percent Dividend from Everest Bank’s General Meeting

Kathmandu: General meeting of Everest Bank has been completed by passing 20.53 percent dividend. The 29th annual general meeting held at a Banquet in Lainchour, Kathmandu has passed a resolution to distribute a total of 20.53 percent dividend including 10 percent bonus shares and 10.53 percent in cash for tax purposes.

The general meeting has also passed the proposal to amend the charter and regulations of the organization.

Similarly, the bank’s board of directors has informed that details such as the annual report, profit and loss account, cash flow and other details of the last financial year have been discussed and passed and the appointment of the auditor for the current financial year and the appointment of the directors appointed to the board of directors from the founding group have also been approved.