Kathmandu. NIC Asia Bank is preparing to issue right shares.
The bank said it has requested Nepal Rastra Bank (NRB) for prior approval.
A meeting of the board of directors of the bank held today has requested the Nepal Rastra Bank (NRB) to issue 7,45,87,835 units of right shares worth Rs 7.45 billion worth Rs 7.45 billion at a 2:1 ratio of Rs 14.91 billion with paid-up capital of Rs 14.91 billion.
The NRB has said that it will submit it for approval in the next AGM after giving its consent.
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