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ECONOMY

NBL appoints Civil Capital Markets as its issue manager

KATHMANDU, Jan 19: Nepal Bank Ltd (NBL) has appointed Civil Capital Markets Ltd as the issue manager for its 23 percent rights issue.
By Republica

KATHMANDU, Jan 19: Nepal Bank Ltd (NBL) has appointed Civil Capital Markets Ltd as the issue manager for its 23 percent rights issue.


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NBL CEO Debendra Pratap Shah and Civil Capitals CEO Parag Bista signed the MoU on behalf of their respective institutions, according to a press statement issued by the bank on Wednesday.


The statement further added that paid-up capital of the bank will reach Rs 8.04 billion after rights shares are adjust.

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