Issuing a press statement on Tuesday, the bank said it also decided to appoint Him Bahadur Rawal and Binod Kumar Pyakurel as board members from the ordinary shareholders.
NCFS announces 15 pc cash divided
KATHMANDU, Jan 5: The Annual General Meeting of Nepal Cooperatives Finance Society (NCFS) has approved a proposal to distribute 15 percent cash dividend to its shareholders.
NCFS earned an operating profit of Rs 3.87 million during the fiscal year 2008/09, says a press statement issued on Tuesday.
Keshab Narsingh Rajbhandari, executive director, said NCFS collected deposit of Rs 357.2 million and issued loan of Rs 106.8 million during the year.
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