Trading in Bank of Kathmandu’s shares resumes after a gap of one year
Sun, May 24, 2015 12:00 AM on Others,
ShareSansar May 24:
Shareholders of Bank of Kathmandu Limited (BOK) will be able to trade in their shares from today. The transaction in bank's shares had been halted after the company entered merger process.
BoK's shares were barred from trading on June 15, 2014 after the company formally notified the regulatory bodies about its merger agreement with International Leashing and Finance Company Limited (ILFC), Nepal Express Finance Limited (NEFL) and Shree Investment and Finance Company Limited (SIFC).
The last traded price of BOK was Rs 564.
Bank of Kathmandu has reported 35.33% percent rise in profit to Rs 48.04 crore in the third quarter of the current fiscal year 2071/72.
BOK’s nonperforming loans (NPL) declined from 1.52% in the Q3 of last year to 1.08% this year. The bank’s
CD ratio stands at 77.71%.
Its annualized EPS stands at Rs 30.21 and its net worth per share is valued at Rs 190.03.
