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22/2/2018
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Nepal Bank Announces FPO
2018-02-07

Nepal Bank is set to issue further public offering of Rs 1.76 billion to the general public. The bank will issue 17,684,858 units of FPO at premium.

The board of directors meeting of the bank held on February 6 decided to propose the FPO in its upcoming general meeting.

Nepal Bank earned a net profit of Rs 1.63 billion in the second quarter of the current FY. The bank with a paid-up capital of Rs 8.04 billion has EPS of Rs 40.74 and net worth per share of Rs 159.18.

source: merolagani.com, 7 feb 2018

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