Nepal SBI Bank to Issue 3 billion rupees bond
The bank has enlisted Nabil Investment Banking Limited as the manager for loan sales.
KATHMANDU: Nepal SBI Bank Limited is poised to introduce a bond valued at three billion rupees, dubbed “Nepal SBI Bond 2090.”
The bank has enlisted Nabil Investment Banking Limited as the manager for loan sales.
A formal agreement sealing this partnership was forged during a ceremony hosted at the bank’s central office.
The pact was endorsed by Mr. Rajesh Kumar Panda, Deputy Chief Executive Officer of Nepal SBI Bank Limited, and Mr. Manish Narayan Joshi, Chief Executive Officer of Nabil Investment Banking Limited.
Pending the green light from regulatory bodies such as the Nepal Securities Board and the Company Registrar’s Office, the bond issuance will proceed.
With a network spanning 97 branches, 22 extension counters, 7 regional offices, and 1 corporate office, in addition to 121 ATMs, Nepal SBI Bank Limited continues to extend its services across the region.
