IPO Analysis: Kisan Micro Finance Bittiya Sanstha Ltd (IPO opening from tomorrow)

Mon, Jun 15, 2015 12:00 AM on Others,

Introduction of Kisan Micro Finance Bittiya Sanstha Ltd.

 

Company Profile

Kisan Micro Finance Bittiya Sanstha Ltd. was established in 2069/02/19 under the Company Act, 2063 and has been carrying out its activities as per Nepal Rastra Bank Act 2058 and Bank and Financial Institution Act, 2063. It began its operations from 2069/10/03 as a class D financial institution. It has its corporate headquarter in Kamalbazar-8, of Achham district.

 

Areas of Operation

Kisan Micro Finance Bittiya Sanstha Ltd. is allowed by the NRB to operate in 10 districts. These districts are: Kalikot, Bajura, Bajhang, Doti, Achham, Kailali, Mugu, Humla, Baitadi and Darchula. Currently the company has branches in 9 districts namely Achham, Kailali, Bajura, Doti, Kalikot, Darchula, Baitadi, Bajhang and Mugu. The company has a total of 13 operational branches.

 

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