header banner
ECONOMY

Everest Bank to issue 33 percent bonus shares

KATHMANDU, Nov 18: Everest Bank Ltd has decided to issue 33 percent bonus shares. The bank's board of directors approved the issuance of bonus shares on Thursday.
By Republica

KATHMANDU, Nov 18: Everest Bank Ltd has decided to issue 33 percent bonus shares. The bank's board of directors approved the issuance of bonus shares on Thursday.


Related story

Machhapuchhre Bank to give 20.75 percent bonus shares


Issuing a press statement, the bank said that issuance of the bonus shares would raise the paid-up capital of the bank to more than Rs 8 billion. The issuance of new bonus shares is subject to approval by central bank and shareholders in the ensuing annual general meeting, added the statement.


According to the statement, the bank is currently rendering professionalized and efficient banking services through its widest domestic network of 64 branches, two extension counters, 28 revenue collection counters, 94 ATMs and many correspondents across the globe.

Related Stories
ECONOMY

NOC to distribute Rs 58 million as bonus to its em...

ECONOMY

Kumari Bank to distribute 21 percent bonus shares

ECONOMY

NB Bank to give 32 percent bonus shares

ECONOMY

Civil Bank announces 2.88 percent bonus shares

ECONOMY

Himalayan Bank approves 30% bonus shares