Sanima to upgrade to commercial bank
Thursday, 19 November 2009 10:45
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Sanima Bikas Bank is mulling to upgrade itself to a commercial bank.

A meeting of the board of directors of the bank has decided to present for approval a proposal at their upcoming annual general meeting to upgrade the bank to commercial bank (class A) status and raise the required capital for the purpose by issuing 1:1.5 right shares to its shareholders.

The bank will also distribute 5 per cent bonus shares to all present shareholders before issuing the aforesaid rights shares. nepalnews.com


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As postings are shown online immediately, please be warned of offensive comments
Anonymous  - Where is thulma !   |98.253.59.xxx |2009-11-19 21:42:26
Thulama like NBL and RBB also want to see better and better by the most of the
people of Nepal.

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Last Updated on Thursday, 19 November 2009 10:54