Prabhu Bikash Bank share certificate distribution starts today, to be listed by next week
Mon, Sep 30, 2013 12:00 AM on Share Certificate,

ShareSansar, Sept 30
Kabita Nayaju
Prabhu Bikash Bank Limited, which was formed after the merger of Prabhu Finance Company Limited, Baibhava Finance Limited and Samabridhi Bank Limited earlier this year, is issuing new share certificates to the shareholders from today.
The share will be distributed till Thursday during the office hours at the development bank’s head office at Lainchour in Kathmandu.
The development bank had have received final merger approval from the Nepal Ratra Bank to commence its operation in the name of Prabhu Bikas Bank Limited from July 14.
The development bank had posted net profit of Rs. 8.71 crore in the last fiscal year of 2069/70.
Meanwhile, the development bank has informed that it's shares will be listed by next week.
"We will go for the listing process within this week," an official with the development bank told ShareSansar.com. "The shares will be listed by next week."
