The 8th Annual General Meeting (AGM) of Siddhartha Bank Limited (SBL) has endorsed the decision to issue 15 percent bonus shares. With the issuance of the said bonus shares, the bank's paid-up capital will be at Rs. 1.9 billion. In the first five months of the current fiscal year bank's deposit base has reached Rs. 16.99 billion and the loan portfolio stands at Rs. 16.28 billion. In the same period, the operating profit of the bank stood at Rs. 200.02 million.
Source:eKantipur
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