Biz Briefs

KATHMANDU: Sanima Bank Ltd has successfully concluded its 18th annual general meeting (AGM) on Sunday.

Under the Chairmanship of Tuk Prasad Poudel, AGM has approved to provide 10 per cent bonus and 0.98 per cent cash dividend, as per a media release.

Ashutosh Upadhyaya and Ramesh Kumar Pokharel, were elected in public director from 18th AGM of Sanima Bank. In fiscal year 2021- 22, Sanima has earned net profit of Rs 2.09 billion with total deposits and net loans and advances of Rs 158.88 billion and Rs 141.69 billion, respectively, along with total assets size of Rs 192.51 billion. In comparison to fiscal year 2020-21, total deposit, loan and advances and total assets increased by 21.39 per cent, 15.04 per cent and 19.75 per cent, respectively.

A version of this article appears in the print on December 19, 2022, of The Himalayan Times.