Trading suspension on KMBL, OFL shares lifted

ShareSansar, March 26:

NEPSE has removed the ban on trading of shares of Kamana Bikas Bank Limited and Om Finance Limited.

Shareholders of Kamana Bikas Bank Limited (KMBL) and Om Finance Limited (OFL) can resume trading in the shares of the two companies as NEPSE has lifted the suspension imposed following the merger process between the BFIs.

Last year, the two BFIs had signed an Memorandum of Understanding (MOU) for the merger with an aim to form a national level development bank under the name Om Bikas Bank Limited.