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NMB Bank to Issue Over 24,000 Promoter Shares to the General Public

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Kathmandu. NMB Bank has put up 24,312 units of promoter shares for the general public. The bank issued a notice and started the process of selling the shares from Thursday.

According to the bank, a 35-day notice was published on July 30 giving priority to the promoter shareholders. However, since no application was received within the stipulated period, any person or company can now apply for the purchase of the shares. The interested bidders should submit the application along with the required documents to the office of Company Secretary at Babarmahal, Kathmandu within 15 days from the date of publication of the notice.

The bank has now invited open applications for the sale of the promoter group’s shares.

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