IPO Analysis of Reliable Microfinance Bittiya Sanstha Ltd.

ShareSansar, July 5:

Company Profile

Reliable Microfinance Bittiya Sanstha Ltd. was established in 2069/11/24 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 2070/02/05 as a class D financial institution. It has its corporate headquarter in Besisahar 1, Narayansthan of Lamjung district.
 
Areas of Operation

Reliable Microfinance Bittiya Sanstha Ltd. is allowed by the NRB to operate in 10 districts. These districts are: Lamjung, Manang, Mustang, Dolpa, Ramechhap, Sindhupalchowk, Dhading, Nuwakot, Rasuwa and Gorkha. Currently the company has 8 branches in 7 districts. These districts are Lamjung, Dhading, Nuwakot, Manang, Rasuwa, Sindhupalchowk and Ramechhap.

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