Citizens Bank Approves 5% Bonus Share and Expands Digital Innovations at 19th AGM
Summary
Citizens Bank International Limited approved a 5% bonus share and 0.263% cash dividend at its 19th AGM, highlighting its continued growth and digital innovations serving nearly 2 million customers across Nepal.
Key Points
- Citizens Bank International Limited held its 19th AGM chaired by Prabal Jung Pandey in Kathmandu.
- The AGM approved a 5% bonus share distribution and a 0.263% cash dividend totaling Rs. 777.31 million.
- The bank has consistently paid dividends for 19 years with an average of 10.40%.
- Citizens Bank introduced several digital innovations including Nepal's first Virtual Credit Card and cross-bank QR cash withdrawal services.
