CBIL organizes 10th AGM

Published On: October 2, 2016 09:28 PM NPT By: Republica | @RepublicaNepal

KATHMANDU, Oct 2: Citizens Bank International Ltd organized its 10th annual general meeting (AGM) on Sunday.

The AGM approved a proposal to distribute stock dividends worthcto the bank's shareholders.

With the distribution of stock dividend, the bank's paid-up capital will reach Rs 4.75 billion.

The bank has also announced that it would launch 10:2.5 rights issue in this fiscal year.

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