NBL appoints Civil Capital Markets as its issue manager

Published On: January 18, 2017 11:50 PM NPT By: Republica  | @RepublicaNepal

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

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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