EBL approves bonus share

The Annual General Meeting (AGM) of Everest Bank has approved 33 percent bonus share along with 1.74 percent cash dividend towards tax on bonus share which now raised the paid-up capital of the bank to more than Rs 8 billion. According to a press note from the bank, Everest Bank also has launched 5 new branches at Pipra (Mahottari), Biruwa (Syangja), Dupcheshwar (Nuwakot), Bansgadi (Bardiya) & Shikhar (Doti) and 5 new extension counters at Biratchowk (Morang), Fikkal (Ilam), Garuda (Rautahat), Lamki (Kailali) & Jhalari (Mahendranagar).