Fewa Bikas Bank gets approval from SEBON for ASBA System
Fewa Bikas Bank Limited (FBBL) has got approval from Securities Board of Nepal (SEBON) for Application Supported by Blocked Amount (ASBA) system.
Resham Bahadur Thapa, Chief Executive Officer of Fewa Bikas Bank said, ‘Investors can easily apply for Initial Public Offering (IPO)/ Further Public Offering (FPO) from the bank’s central office and its branches”.
The bank, in a press statement, stated that it will hold amount of applicants in their respective account while applying for public issues.
