Yeti Development Bank distributing new share certificates from today
Mon, Feb 24, 2014 12:00 AM on Share Certificate,
ShareSansar, February 24:
Yeti Development Bank Limited is distributing new share certificates to the shareholders from today following the recent merger of Manakamana Development Bank Limited, Yeti Finance Limited and Valley Finance Limited to form the new BFI.
Manakamana Development Bank Limited, Yeti Finance Limited and Valley Finance Limited had received final merger approval from Nepal Ratra Bank to commence its operation in the name of Yeti Development Bank Limited in mid July last year.
Yeti Development Bank had then reported a net profit of Rs.1.74 crore in the last fiscal year of 2069/70.
