Citizens Bank Intern-ational on Wednesday signed an agreement with the Nepal Stock Exchange (NEPSE) to have 10 million units of its shares listed on NEPSE at the price of Rs. 100 per share.
As per the agreement signed between Shanker Man Singh, managing director of NEPSE, and Ganesh Raj Pokharel, acting CEO of Citizens Bank, Rs. 1 billion worth of the bank's stock has been listed on NEPSE. With the entry of Citizens Bank, the number of commercial banks whose shares are traded on NEPSE has reached 21, and the total number of companies listed on the stock exchange has reached 158.
According to a press release issued by Citizens Bank, it has 71,820 shareholders including 70 promoter shareholders.
Source: ekantipur.com
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Saturday, June 6, 2009
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