Tourism Dev Bank appoints NIBL Capital as issue manager for 100% right share

Tourism Development Bank Limited has appointed NIBL Capital Markets Limited as its issue manger. Mahesh Sharma, CEO of Tourism Development Bank and Mekh Bahadur Thapa, Managing Director of NIBL Capital signed the agreement on Kartik 3, 2073. Tourism Development Bank Special General Meeting (SGM) held on Bhadra 15, 2073 had declared 1:1 (100 %) right share to its shareholders. Also the SGM had approved acquisition with Matribhumi Development Bank and Kalinchowk Development Bank Limited. Issuing a press statement it stated that NIBL Capital Markets Limited will be the issue manager for 1:1 right shares of Tourism Development Bank. At present, Tourism Dev Bank is rendering services from 15 branch offices and 12 ATM counters. The development bank aims to add 7 more branch offices in near future.