Home / Commerce and Economy / Business and Corporate / KBL appoints SCL as issue manager
Machhapuchre Bank

KBL appoints SCL as issue manager

Kumari Bank Ltd (KBL) has appointed Siddhartha Capital Ltd (SCL) as the issue manager for the bank’s 50 % rights issue.
Issuing a statement, the bank said that Rajib Giri, acting CEO of Kumari Bank and Dhruba Timilsina, CEO of Siddhartha Capital Ltd, signed the agreement on behalf of their respective companies.
According to the statement, total paid-up capital of the bank will reach Rs 4 billion after the rights issue.

Check Also

Sunrise Bank inks Bancassurance agreement

By Our Reporter Sunrise Bank Ltd has signed Bancassurance agreement with the Asian Life Insurance …