Century Bank 30% Right Share approved by SEBON

Securities Board of Nepal (SEBON) has approved 30% right share of Century Commercial Bank Limited (CCBL). Civil Capital Market Limited has been appointed as the issue manager of the right issue. As per the press release published by the bank today, the bank has deposit collection of Rs. 26.01 arba and has disbursed loans and advances of Rs. 22.83 arba till Chaitra end of FY 2072/73.. Likewise the bank operating profit reaches to Rs 34.50 crore and earned net profit of Rs 23.24 crore. At present the bank is rendering services through 31 branches, 28 ATM counters, 8 branchless banking outlets and 2 extension counter.