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NIC Asia Bank to issue irredeemable unreserved preference shares. The 27th annual general meeting of the bank held on Thursday took the decision.
With this decision, the bank will issue shares worth 5 billion rupees at 100 rupees per share. The bank has informed that the assembly has discussed and approved the report of the board of directors for the financial year 2080/81, the auditor's report, the balance sheet up to the end of June 2081, the profit and loss account and the cash flow statement.
