Wednesday, November 4, 2009

Kamana Development Bank to go public

Kamana Development Bank, licensed by Nepal Rastra Bank to operate as Category B financial institution, has signed up NIDC Capital Markets as issue manager for issuing its public shares.

According to a press release, the development bank will issue 700,000 units of shares to the public within this fiscal year. Each share will have a face value of Rs 100. Kamana Development Bank has head office in Lekhnath of Kaski district.

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