Sunday, November 22, 2009

Jebil´s Finance starts operation

Jebil´s Finance Ltd -- a Class ´C´ financial company -- launched its operation from Thursday. Bir Bikram Rayamajhi, deputy governor of Nepal Rastra Bank inaugurated the New Road-based bank.

A press release issued on Saturday states that the company has collected Rs 106.8 million in deposits and disbursed loan amounting to Rs 72.7 million so far. The company has issued and paid-up capital of Rs 200 million and Rs 102 million respectively.
The company plans to issue ordinary shares worth Rs 98 million within the next fiscal year.

Source:Myrepublica

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