KATHMANDU: National Banking Institute (NBI) successfully concluded its seventh annual general meeting (AGM) on Friday.

The AGM passed the Director’s Report along with the Auditor’s Report comprising balance sheet, income and expenses detail and profit and loss statement of fiscal year 2071-72 presented by its Chairman Shovan Dev Pant, as per a press statement issued on Saturday. The meeting also passed the resolution to distribute 10 per cent cash dividend on paid-up capital to shareholders as proposed by the board of directors.

During the AGM, Deputy Governor of Nepal Rastra Bank Maha Prasad Adhikari launched the ‘Junior Associated National Banking Institute (JANBI)’ — a professional banking certification course developed in collaboration with Indian Institute of Banking and Finance.

The certification course will provide an edge that will prove to be crucial in banking career and will be an essential stepping stone for one to progress to the banking career, the statement says, adding, “It is a comprehensive banking course for employees of banks and financial institutions.”