16 Janaury 2021, Kathmandu
The 28th Annual General Meeting of Himalayan Bank Limited was held.
The General Meeting held on Monday adopted a resolution to allocate 14 percent of the bonus shares and 6 percent of the cash dividend (including tax) to the shareholders.
After the allocation of these bonus shares, the paid-up capital of the bank will be increase to Rs. 10 billion 688.44 million 828.
Besides, Himalayan Bank has been serving continuously for 28 years. It is one of the leading safe and reliable banks in the financial sector in Nepal.
The bank is committed to providing people with more open and quality services by developing an innovative, secure, and state of-art-of banking system.
The bank currently provides services from 70 branches, 4 extended counters, 146 banks, and more than 4,200 units throughout the country.
Over the review period, deposits increased by 16.60 percent to Rs. 131.86 billion. Loans increased by 9.25% to Rs. 107.29 billion.
The bank’s non-performing loan was reduced to 1.01 percent during this time. The shareholder dignitaries expressed satisfaction at improving the bank’s overall financial position, even in the midst of the Covid-19 pandemic.
Due to the Covid-19 outbreak, the General Assembly held a video conference following the health standards issued by the Government of Nepal.
