Garima Bikas Bank Holds 22nd Annual General Meeting, Approves 10% Dividend Distribution

Garima Bikas Bank Limited conducted its 22nd Annual General Meeting on Sunday, Poush 29, at Hotel Pokhara Grand in Pokhara, Kaski.

During the meeting, shareholders were granted a 9.50% bonus share and a 0.50% cash dividend, totaling a 10% dividend distribution. The AGM also approved proposals to increase the bank's authorized capital to Rs. 5.70 Arba and appointed auditors for the fiscal year 2080/81.

Currently, Garima Bikas Bank operates 123 branches and 51 ATMs nationwide, collecting deposits of around Rs. 80 Arba and disbursing loans of approximately Rs. 69 Arba.