Nabil Bank Limited is set to issue 8 percent unredeemable unreserved preference shares. To move forward with this initiative, the bank has scheduled a special general meeting on August 17. This decision was made during the board of directors’ meeting held on July 27.

During the upcoming meeting, shareholders will discuss various key issues, including the issuance of the “Nabil 8 percent unredeemable unreserved preference shares.” Additionally, there will be discussions on increasing the bank’s authorized, issued, and paid-up capital, as well as making necessary amendments to the management charter and regulations to accommodate these changes. This meeting will be pivotal in shaping the bank’s capital structure and future financial strategies.