The AGM of Machhapuchchhre Bank will be held on Kartik 26.

The 23rd Annual General Meeting of Machhapuchchhre Bank has been set on Kartik 26, 2078.

The AGM has been summoned after the Nepal Rastra Bank approved the boardR17;s proposal to give 13.30 percent bonus shares value Rs 1.20 arba and 0.70 percent cash dividend worth Rs 6.33 crore. According to the media statement, the bank’s books would be closed on Kartik 7 for the AGM.

By the conclusion of the preceding fiscal year, the bank had a net profit of Rs 1.60 arba, an EPS of Rs 17.76, a paid-up capital of Rs 9.05 arba, and a reserve of Rs 2.02 arba.

The bankR17;s network currently includes 162 branches, 175 branchless banking units, 7 extension counters, and 203 ATMs.