Janata Bank Limited to float IPO

Wed, Jan 4, 2012 12:00 AM on IPO/FPO News,

KATHMANDU,JAN 4: 

Janata Bank — the 27th commercial bank in the country — is issuing ordinary shares to the public within next few months. The bank has appointed Citizen Investment Trust (CIT), NMB Capital and Civil Capital as issue managers and underwriters for the issue. The bank’s CEO Bijay Pant, CIT’s executive director Rishi Raj Gautam, NMB Capital’s CEO Shreejesh Ghimire and Civil Capital Market’s CEO Bhisma Raj Chalise signed the pact on behalf of their institutions on Tuesday. 

Source: THT