NDEP Bank Limited has concluded its third annual general meeting today (13th January 2010). The AGM was started at 11 AM in Nepal Pragya Pratishthan of Kamaladi. The AGM has approved 6.667% bonus share to its shareholders from the profit of fiscal year 2065/66. Similarly, the meeting has approved to change the name of company.
According to the annual financial report (2065/66) of the bank, it has Rs. 320 million share capital and holds Rs. 210.627 million in its reserve and surplus. Likewise, it had collected Rs. 1.832225 billion as deposits and has 38% of investment towards real estate. The operating profit of the bank was Rs. 35.952 million and net profit at the close of fiscal year was Rs. 32.128 millions.
Source:Jamb News Service
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Saturday, January 16, 2010
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