Muktinath Bikas Bank Limited (MNBBL) convened its 29th Annual General Meeting on the 15th of Kartik 2082 in Pokhara. During the AGM, the annual report for the fiscal year 2080/081 was ratified, and shareholders were granted an 18.20% dividend, which included 13.53% in bonus shares and a 4.67% cash dividend.
Significant resolutions passed included the elevation of the bank’s paid-up capital to NPR 9,000,388,767.11, amendments to the relevant bylaws, and empowering the board to start the process of becoming a commercial bank in accordance with Nepal Rastra Bank directives. The meeting also designated auditors for FY 2082/083. The AGM featured addresses from the chairman, board members, and the CEO, along with responses to shareholder inquiries regarding the annual report.
