Citizen's Lists Shares

Citizens Bank Inter national has listed its 10-million-unit shares at Nepal Stock Exchange (Nepse). Nepse MD Shanker Man Singh and Citizens’ Bank acting CEO Ganesh Raj Pokharel on Wednesday signed an agreement for listing Rs 1 billion worth 10-million-units of the bank’s shares. Ace Development Bank is the issue manager of Citizens’ share floated from February 8. Nepse now has a total of 21 commercial banks listed, making it a total of 158 companies listed. The bank has 71,820 shareholders including 70 founder-shareholders. As per nine months’ data, Citizens’ posted an operating profit of Rs 102.5 million.