KATHMANDU: Century Commercial Bank Ltd (CCBL) has completed its seventh annual general meeting (AGM) under the chairmanship of Rajesh Kumar Shrestha.

According to a press statement, the AGM endorsed five per cent bonus shares and five per cent cash dividend to be distributed to the shareholders. After the distribution of the bonus shares, the bank will have total paid-up capital

of Rs 8.06 billion.

At the end of the fiscal year 2016-17, the bank had collected total deposit of Rs 52.17 billion and disbursed credit worth Rs 47.02 billion.

Similarly, it also reported operating profit of Rs 392.70 million and Rs 325.10 million in net profit.