Tuesday April 07,2020

News FY 2075-76

Issue Management Agreement of Nabil Bank's Debenture with Laxmi Capital Market Limited

Nabil Bank is pleased to announce the signing of the issue management agreement with Laxmi Capital Market Limited under which Laxmi Capital will manage the issuance of debentures to be issued by the Bank. The Bank is going to issue debentures worth NPR 2 billion with a face value of NPR 1000/-. 

The management of both public issuance and private placement shall be done by Laxmi Capital. The agreement was signed by the Bank's CEO, Mr. Anil Keshary Shah on behalf of the Bank and by Mr. Rajiv Sapkota, CEO of Laxmi Capital, on behalf of the issue manager.

Laxmi Capital Market Limited is a wholly owned subsidiary of Laxmi Bank Limited. It has obtained license from Securities Board of Nepal (SEBON) to be engaged in merchant banking activities such as Initial Public Offering (IPO), Underwriting of Securities, Portfolio Management Services, Registrar to Share, etc.
 
Nabil Bank is providing its services through a wide network of 75 branches, 128 ATMs and more than 1500 Nabil Remit agents throughout the nation and many correspondents across the globe in its pursuit of being the Bank of 1st Choice.