C-Asba fee no longer be charged when paying IPO from Nepal Bank
The Nepal Securities Board has also agreed to charge banks and financial institutions a maximum of Rs 5 for services related to the purchase of securities.
KATHMANDU: When filling the IPO, Nepal Bank Limited, the country’s first bank, will not charge a C-Asba fee. The customer can fill out the application for free from this bank without having to pay the fee that the customer must pay when filling out the IPO.
The Nepal Securities Board has also agreed to charge banks and financial institutions a maximum of Rs 5 for services related to the purchase of securities.
This bank, which serves approximately 2.1 million customers through 219 branches, 186 ATMs, and 49 extension counters throughout Nepal, is currently providing banking services through modern banking technology with significant improvements in customer service.
For the past few years, the bank has provided banking services throughout Nepal through its youth workforce, with a focus on quick and quality customer service.
