KATHMANDU: Nabil Bank Limited released significant decisions from its August 11, 2024, 662nd Board of Directors meeting. The Special General Meeting (SGM) scheduled for August 31, 2024, will address these decisions. The SGM will cover a number of significant topics, including the issuance of "Nabil's 8% Irredeemable Non-cumulative Preference Shares" and strategies to increase the bank's authorized, issued, and paid-up capital.
The important changes to the bank's regulations will also be discussed at the meeting. It is clear from these conversations and conclusions how important it is for shareholders to be present at the meeting in order to shape the bank's future financial and operational strategies.
The results of the SGM will have a big influence on the bank's future, hence the bank has asked all interested parties to participate actively. For Nabil Bank's expansion ambitions and strategic planning, this meeting is crucial.
