Development Banks
RTS List (Share Registrar’s List)
| Code | Company | Share Registrar(RTS) | Location | Contact No. |
| ADBL | Agricultural Development Bank Ltd | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| SBL | Siddhartha Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| ACEDBL | Ace Development Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| CDBL | City Development Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| Diprox Development Bank | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 | |
| Diyalo Bikas Bank Ltd. | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 | |
| EDBL | Excel Development Bank Ltd. | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| GBBL | Garima Bikas Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| GSDBL | Gaurishankar Development Bank Ltd. | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| JBBL | Jyoti Bikas Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| MBBL | Mahakali Bikas Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| Malika Bikash Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 | |
| Manakamana Development Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 | |
| Professional Diyalo Bikas Bank Ltd. | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 | |
| Purnima Bikas Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 | |
| RDBL | Rising Development Bank Ltd. | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| Subhechha Bikas Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 | |
| Triveni Bikas Bank Limited | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 | |
| Everest Finance Ltd, | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 | |
| LGI | Lumbini General Insurance | Ace Capital Ltd. | Laldurbar, Kathmandu | 977-1-4426161 |
| LUBL | Lumbini Bank Ltd. | Citizen Investment Trust | New Baneshwor, Kathmandu | 977-1-4785319/21/25, 4784298/4781673 |
| Tinau Development Bank Limited | Citizen Investment Trust | New Baneshwor, Kathmandu | 977-1-4785319/21/25, 4784298/4781673 | |
| CIT | Citizen Investment Trust | Citizen Investment Trust | New Baneshwor, Kathmandu | 977-1-4785319/21/25, 4784298/4781673 |
| CHCL | Chilime Hydro power Co. | Citizen Investment Trust | New Baneshwor, Kathmandu | 977-1-4785319/21/25, 4784298/4781673 |
| CBL | CIVIL BANK LTD | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| CTBNL | Commerz and Trust Bank Nepal Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| GRAND | Grand Bank Nepal Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| NBL | Nepal Bank Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| Nepal Industrial And Co.Bank | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| NICA | NIC Asia Bank Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| PCBL | Prime Commercial Bank Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| SRBL | Sunrise Bank Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| Bagmati Development Bank Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| CIVIC DEVELOPMENT LTD. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| CORDBL | Corporate Development Bank Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| CDBL | Country Development Bank Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| Pathibhara Bikas Bank Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| Resunga Bikas Bank Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| Summit Micro Finance Development Bank Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| Arun Finance Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| CMB Finance Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| HAMA | Hama Merchant & Finance Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| ILFC | International Leasing And Fin. Co. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| Maha Laxmi Finance Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| Multipurpose Finance Co. Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| NEPAL AAWAS FINANCE LIMITED | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| SETI | Seti Finance Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| Subha Laxmi Finance Co. Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| ALICL | Asian Life Insurance Co. Limited | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| NB Insurance Co. Ltd. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 | |
| NLG | NLG INSURANCE COMPANY LTD. | Civil Capital Market Limited | Kathmandu Plaza – 3rd Floor, Kamaladi | 977-1-4168654/64 |
| CZBIL | Citizens Bank International Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 |
| GBIME | Global IME Bank Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 |
| NBB | Nepal Bangladesh Bank Ltd. | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 |
| Annapurna Bikash Bank Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| FMDBL | First Microfinance Development Bank Ltd. | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 |
| Gandaki Bikas Bank Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Gulmi Bikas Bank Ltd. | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Kabeli Bikas Bank Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| KBBL | Kailash Bikas Bank Ltd. | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 |
| Kanchan Development Bank Ltd. | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Madhyamanchal Gramin Bikas Bank Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Narayani Development Bank Ltd. | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Nilgiri Bikas Bank Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Pacific Development Bank Limtied | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Public Development Bank Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| SUPREME | Supreme Development Bank Ltd. | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 |
| Crystal Finance Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| General Finance Ltd. | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Himalayan Finance Limited (Bittiya Sanstha) | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| ICFC | ICFC Finance Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 |
| Kaski Finance Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Reliable Finance Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| Suryadarshan Finance Company Limited | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| SICL | Sagarmatha Insurance Co.Ltd | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 |
| United Insurance Co.(Nepal)Ltd. | Elite Capital Limited | Rastriya Naachghar – 4th Floor, Jamal | 977-1-4222460 | |
| APEX | Apex Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | 977-1-4222939 |
| ARDBL | Araniko Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | 977-1-4222939 |
| AXIS | Axis Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | 977-1-4222939 |
| Bishwa Bikas Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | 977-1-4222939 | |
| BRIGHT DEVELOPMENT BANK LTD | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| BUDBL | Business Universal Development Bank Ltd. | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) |
| Hamro BIkas Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| IDBL | Infrastructure Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) |
| Jhimruk Bikas Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| Kakre Bihar Bikash Bank Ltd. | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| KBBL | Kamana Bikas Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) |
| Kankai Bikas Bank Ltd. | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| Karnali Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| Khandbari Development Bank Ltd. | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| Miteri Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| Muktinath Bikas Bank Ltd. | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| NDEP | NDEP Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) |
| Paschimanchal Bikash Bank | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| Professional Bikas Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| SHANGRILA DEVELOPMENT BANK LTD. | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| Shine Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| Shine Resunga Development Bank Ltd. | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| SBL | Siddhartha Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) |
| Sindhu Bikas Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| WDBL | Western Development Bank Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) |
| Alpic Everest Finance Company Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| Synergy Finance Ltd | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| ZFL | Zenith Finance Limited | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) |
| Nepal Insurance Co.Ltd. | Growmore Merchant Banker Limited | Durbar Marg, Kathmandu | (n/a) | |
| LBL | Laxmi Bank Limited | Laxmi Capital Market Limited | Pulchowk, Lalitpur | 977-1-5551363/463 |
| MEGA | Mega Bank Nepal Ltd. | Nabil Investment Banking Ltd. | Naxal, Kathmandu | 977-1-4411604/733 |
| NABIL | Nabil Bank Ltd. | Nabil Investment Banking Ltd. | Naxal, Kathmandu | 977-1-4411604/733 |
| SKBBL | Sana Kisan Bikas Bank Ltd | Nabil Investment Banking Ltd. | Naxal, Kathmandu | 977-1-4411604/733 |
| Swabalamwan Bikash Bank | Nabil Investment Banking Ltd. | Naxal, Kathmandu | 977-1-4411604/733 | |
| PLICL | Prime Life Insurance Company Limited | Nabil Investment Banking Ltd. | Naxal, Kathmandu | 977-1-4411604/733 |
| NBF1 | Nabil Balance Fund 1 | Nabil Investment Banking Ltd. | Naxal, Kathmandu | 977-1-4411604/733 |
| NCCB | Nepal Credit And Com. Bank | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 |
| Bhrikuti Vikash Bank Limited | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Biratlaxmi Bikash Bank Limited | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| HBDL | H & B Development Bank Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 |
| INDBL | International Development Bank Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 |
| Kasthamandap Development Bank Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Metro Development Bank Limited | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| NLBBL | Nerude Laghubita Bikas Bank Limited | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 |
| RMDC | Rural Microfinance Development Centre Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 |
| Sahayogi Vikas Bank | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| TDBL | Tourism Development Bank Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 |
| YETI | Yeti Development Bank Limited | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 |
| Api Finance Limtied | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Bhajuratna Fin.And Sav. Co. Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Janaki Finance Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Jebils Finance Limited | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Nepal Express Finance Limited | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| NCM | NIDC Capital Markets Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 |
| Reliance Finance Limited | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Shikhar Finance Limited | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Shrijana Finance(Bittiya Sansatha) | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Valley Finance Limtied | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Oriental Hotel Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| NHPC | National Hydro Power Co. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 |
| Shree Bhrikuti Pulp And Paper Ltd | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Uniliver Nepal Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| NCM Mutual Fund | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| Nepal Film Dev.Co. Ltd. | NIDC Capital Markets Ltd. | Kamalpokhari, Kathmandu | 977-1-4421652, 4423219, 4425343 | |
| NIB | Nepal Investment Bank Ltd. | NIBL Capital Markets Limited | Lazimpat, Kathmandu | 977-1-4005058/68/69, 4005080 |
| NMB | NMB Bank Ltd. | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| Alpine Development Bank Limited | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 | |
| Bhargav Bikash Bank Ltd. | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 | |
| CLBBL | Chhimek Laghubitta Bikas Bank Limited | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| GBBL | Garima Bikas Bank Limited | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| Gaumukhi Bikas Bank Limited | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 | |
| Innovative Development Bank Ltd. | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 | |
| Nepal Consumer Development Bank Ltd. | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 | |
| SEWA | Sewa Bikas Bank Limited | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| SLBBL | Swarojgar Laghu Bitta Bikas Bank Ltd. | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| Namaste Bittiya Sanstha Ltd. | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 | |
| BPCL | Butwal Power Co. Ltd. | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| GLICL | Guras Life Insurance Co. Ltd. | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| HGI | Himalayan Gen.Insu. Co.Ltd. | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| SIL | Siddhartha Insurance Limited | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| SLICL | Surya Life Insurance Company Limited | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| NTC | Nepal Doorsanchar Company Limited | NMB Capital Limited | NMB Bhawan,Babar Mahal | 977-1-4253096 |
| NSM | Nepal Share Markets Ltd. | NSM Merchant Banking Limited | Putalisadak, Kathmandu | (n/a) |
| MISSION | Mission Development Bank Ltd | Vibor Capital Limited | Krishna Gali, Lalitpur | 977-1-5554793/94 |
| VBBL | Vibor Bikas Bank Limited | Vibor Capital Limited | Krishna Gali, Lalitpur | 977-1-5554793/94 |
This entry was posted in Banking and Financial Institutions, Commercial Banks, Development Banks, Finance Companies, Hydropower Company, Insurance, Life-Insurance Companies, Non-Life Insurance Companies and tagged Commercial Bank, Development bank, Finance Companies, Hydropower Company, Insurance Company, Registrar to Share, RTS, Share Registrar.
Reliable, Shuva Laxmi and NCDB to merge at 112.70, 89 and 94 swap ratio
Reliable, Shuva Laxmi and NCDB to merge at 112.70, 89 and 94 swap ratio
ShareSansar, January 31:
Nepal Consumer Development Bank Limited (NCDB), Reliable Finance Limited and Shuva Laxmi Finance Limited are going to merge shortly.
NCDB and Reliable Finance have issued a public notice today to announce their special AGMs on February 17 to endorse the merger to form a national level development bank.
According to the notices, a merger committee of all the three BFIs has fixed the swap ratio for the merger at 112.70, 89 and 94 through an interest pooling method for Reliable, Shuva Laxmi and NCDB, respectively.
Following the merger, the merged company’s BoD would comprise of three representatives from Reliable, and one each from NCDB and Shuva Laxmi until the upcoming AGM of the merged company.
This entry was posted in Development Banks, Finance Companies, Merger and tagged Development Banks, Finance Companies, Merger, NCDB, Nepal Consumer Development Bank, Reliable Finance, Subhalaxmi Finance, Swap Ratio.
Laganikarta 