Monday, March 23, 2009

KDBL to Issue Shares

Kasthamandap Development Bank Ltd (KDBL) is going to issue 9,60,000-unit of primary shares within this fiscal year. The development bank has appointed NIDC Capital Market as its issue manager. KDBL earned a net profit of Rs 7.4 million in the fiscal’s first six months and collected a deposit of Rs 1.35 billion. It invested Rs 78.6 million during the period.

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