header banner

NIC ASIA Bank to issue 4:1 rights shares

alt=
By No Author
KATHMANDU, Jan 24: NIC Asia Bank Ltd organized its 18th Annual General Meeting (AGM) in Biratnagar on Sunday.

Issuing a statement, the commercial bank said the approved a proposal to distribute 39 percent bonus shares and 2.05 percent cash dividend (for tax purpose) to its shareholders from the net profit it earned in last fiscal year 2015/16.

Similarly, the AGM also approved the proposal to issue 4:1 rights shares to its shareholders, the commercial bank said in the statement.



Related story

NIC Asia receives Sebon nod to issue NIC Asia ebenture

Related Stories
ECONOMY

Roshan Kumar Neupane appointed NIC Asia Bank CEO

Roshan-Neupance_CEO_NIC-ASia.jpg
SOCIETY

Hackers steal from NIC Asia Bank via SWIFT

Hackers steal from NIC Asia Bank via SWIFT
ECONOMY

NRB, NIC Asia Bank move to counter cyberattack

NRB, NIC Asia Bank move to counter cyberattack
SPORTS

NIC Asia wins NIB Inter-bank Futsal

nicfutsal.jpg
ECONOMY

NIC Asia Bank offloading 1 million units of promot...

NIRFA_20240317105201.PNG