Kathmandu. KATHMANDU: The Special General Meeting (SGM) of Citizens Bank International Limited has approved the proposal of issuing unissued unpaid preference shares worth Rs 2 billion with fixed dividend rate of 7.5 percent. <\/p>\n
The AGM held on June 19 endorsed the proposal to issue shares at the face value of Rs 100 per share. <\/p>\n
After taking permission from the Securities Board of Nepal (SEBON), the bank will sell the shares to the institutional investors through circular method. The shares, which have a provision to pay dividends only in the year of distributable profit, can also be traded in the secondary market. <\/p>\n
Presently, the bank has a paid-up capital of Rs 15.50 billion. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. KATHMANDU: The Special General Meeting (SGM) of Citizens Bank International Limited has approved the proposal of issuing unissued unpaid preference shares worth Rs 2 billion with fixed dividend rate of 7.5 percent. The AGM held on June 19 endorsed the proposal to issue shares at the face value of Rs 100 per share. After […]<\/p>\n","protected":false},"author":1,"featured_media":17087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[123,126,129,147],"tags":[],"class_list":["post-31466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-update-en","category-banking-news-en","category-special-en","category-news-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/bankingsansar.com\/wp-content\/uploads\/2025\/02\/citizens-bankk.jpg","_links":{"self":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/31466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/comments?post=31466"}],"version-history":[{"count":1,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/31466\/revisions"}],"predecessor-version":[{"id":31467,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/31466\/revisions\/31467"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media\/17087"}],"wp:attachment":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media?parent=31466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/categories?post=31466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/tags?post=31466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}