Trading of Fewa Bikas Bank and Business Universal Development Bank halted in NEPSE due to entering into merger process; swap ratio likely to be at 1:1
Wed, Nov 18, 2015 3:30 PM on Latest, Featured, Stock Market,
Fewa Bikas Bank Limited (FBBL) and Business Universal Development Bank Limited (BUDBL) trading has been suspended in Nepse from today as they have entered into the merger process.
Swap ratio is likely to be at 1:1.
Fewa Bikas Bank Limited has posted net profit of Rs.4.657 crore in its 1st quarter of the fiscal year 2072/73.
At present Fewa Bikas Bank has a paid up capital of Rs 81.62 crore.
