Tuesday, August 4, 2009

Nepal CSI Bank to Issue Shares

Nepal CSI Development Bank Ltd will issue shares equivalent to Rs 3 million within 2009 at face value of Rs 100 each through NIDC Capital Market Ltd. After the issuance of initial public offering (IPO), the bank's paid-up capital will be Rs 1 billion. Meanwhile, a meeting of directors appointed Bhushan Samsher Rana chief executive officer and Bhaskar Rimal general manager.

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