header
                        banner
ECONOMY

CIBL Capital to float Sanima's rights issue

KATHMANDU, Dec 11: Sanima Bank Ltd (SBL) has appointed CBIL Capital Ltd as its issue manager to float its rights iss...
By Republica

KATHMANDU, Dec 11: Sanima Bank Ltd (SBL) has appointed CBIL Capital Ltd as its issue manager to float its rights issue.



Issuing a statement, the bank said that it appointed CBIL Capital Ltd as its issue manager to float 30 percent rights issue, or 15.92 million units of shares, at the face value of Rs 100 as approved by bank's recently held annual general meeting.



Tej Bahadur Chand, deputy CEO of Sanima Bank and Nalina Shrestha, deputy CEO of CBIL Capital signed the agreement on behalf of their respective companies, according to the statement.



Sanima Bank operates with a network of 41 branch offices and 47 ATM outlets.


Related story

CBIL Capital to float Lumbini General Insurance’s rights issue

Related Stories
ECONOMY

Sanima Capital appointed issue manager of Citizens...

1 min read
ECONOMY

Mega Bank seeks Sebon nod to float rights issue

1 min read
ECONOMY

CBIL Capital to float Lumbini General Insurance's...

1 min read
ECONOMY

19 companies await Sebon nod to launch rights issu...

1 min read
ECONOMY

Civil Capital named issue manager for MBL's rights...

1 min read