KATHMANDU: The 25th annual general meeting of Himalayan Bank Ltd (HBL) was held on Friday and was chaired by Chairman of the bank, Manoj Bahadur Shrestha.

The AGM declared 25 per cent bonus shares and 1.3158 per cent cash dividend on paid-up capital to shareholders. After issuance of the bonus shares, HBL’s paid-up capital will be Rs 8.11 billion.

On behalf of the board of directors, Chairman Shrestha presented the bank’s annual report for fiscal year 2016-17 and informed that HBL will complete 25 years of operation on January 18.

The bank’s total deposit base reached Rs 92.88 billion during the period under review, recording a growth of 6.35 per cent over the previous year.

Similarly, loans and advances reached Rs 77.64 billion recording a growth of 12.36 per cent.