People Finance Ltd. has decided to give 1:2 right shares to its shareholders. The 11th annual general meeting held on 7th March, 2008 (24 Falgun, 2064) finalized on the matter. PFCL aims to issue its right share within first quarter of the current fiscal year. The unaudited 4th quarter financial report of the company has posted 76% more net profit than the corresponding previous quarter. PFCL has come up with various new schemes such as zero balance saving account, 7% interest rate yielding "Peoples Suvida saving account" and deposit account for which money delivery service (for both deposit and withdrawal) from and to the customer's house is provided.
Source: eKantipur
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Monday, August 11, 2008
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