Nabil Bank to Hold Special General Meeting on September 2, 2024, to Discuss Key Decisions

Nabil Bank Limited has announced that its 662nd Board of Directors meeting, held on August 11, 2024, at the Central Office, has led to significant decisions that will be discussed in an upcoming Special General Meeting (SGM). The meeting is scheduled for September 2, 2024 (Bhadra 17, 2081 B.S.).

The key agenda for the SGM includes the issuance of "Nabil's 8% Irredeemable Non-cumulative Preference Shares" and the proposal to increase the bank's authorized, issued, and paid-up capital. Additionally, necessary amendments to the bank's regulations will be deliberated upon during the meeting.

This SGM is crucial for shareholders, as it will determine the future financial and operational strategies of Nabil Bank. Shareholders are encouraged to participate actively in the discussions and decisions that will shape the bank's path forward.