Shikhar Insurance
National Life

NIC Asia Bank’s general meeting concludes, proposal to issue preference shares passed

सिंहदरबार संवाददाता
२०८१ फाल्गुन २२, बिहीबार १७:५२
Hyundai
NCELL
NIMB

Kathmandu. The 27th Annual General Meeting of NIC Asia Bank Limited has concluded.

The 27th Annual General Meeting of the bank discussed and approved the report of the Board of Directors for the fiscal year 2080/81, the auditor’s report, the balance sheet, profit and loss account and cash flow statement up to the end of Ashadh 2081, and also passed a proposal to make timely amendments and additions to the bank’s Articles of Association and Regulations.

Citizen Life
Kumar Bank
Prabhu Insurance

In addition, the Board of Directors has also passed a proposal to issue NIC ASIA Perpetual Non-Cumulative Preference Shares worth 5 billion at the rate of Rs. 100 per share, after obtaining the necessary approval from the concerned bodies.

GBIME

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