The Board of Director's meeting of Sanima Bikash Bank Ltd. held on 22nd September 2008 (2065 Ashwin 6) decided to propose 1:1 right share on the upcoming AGM on approval of Nepal Rastra Bank. Investors have high expectation from SBBL as its PE ratio is high and is likely to generate good income. Sanima is regularly chucking new schemes and products in the market. It was established in 2004 by the enterprising and dynamic Non Resident Nepalese (NRN) with a vision to mobilize required resources for the national development process.
Source: Jamb News Service
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Tuesday, September 23, 2008
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Does this mean Sanima is upgrading itself to the 'A'category bank as per NRB classifications?
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