Everest Bank’s AGM endorsed 33% bonus share

The Annual General Meeting (AGM) of Everest Bank has approved the audited Balance Sheet & NFRS Balance Sheet for the year ended in Asadh 2074. The AGM approved issuance of 33% bonus share along with 1.74% cash dividend towards tax on bonus share which now raised the paid up capital of the bank to more than eight hundred crores. The Bank has also released the first annual book titled ‘Pratibimb’ to mark its 23rd anniversary. The Bank launched five new branches at Pipra (Mahottari), Biruwa (Syangja), Dupcheshwar (Nuwakot), Bansgadi (Bardiya) and Shikhar (Doti) and five new extension counters at Biratchowk (Morang), Fikkal (Ilam), Garuda (Rautahat), Lamki (Kailali) and Jhalari (Mahendranagar). As a part of its effort to continuously upgrade skills of its workforce, the Bank also inaugurated EBL Training Academy at its Head Office in Lazimpat along with new e-learning mobile app called Saraswati.