Skip to content
|Loading...
Share Gyan home
EBook

Machhapuchchhre Bank Lists Rs 3 Arba Preference Shares on NEPSE

Machhapuchchhre Bank has listed 3 crore units of its perpetual non-cumulative preference shares on NEPSE, with trading set to begin from Jestha 20.

Published By Share Gyan
Machhapuchchhre Bank Lists Rs 3 Arba Preference Shares on NEPSE

Machhapuchchhre Bank Limited has listed 3 crore units of its 8.25 percent Machhapuchchhre Perpetual Non-Cumulative Preference Shares on the Nepal Stock Exchange (NEPSE). The listed issue, traded under the symbol “MBLPNP,” carries a total paid-up value of Rs 3 Arba, with each share having a face value of Rs 100. According to the bank, secondary market trading of the preference shares will begin from Jestha 20, 2083. However, the shares will be available for trading only among institutional investors. Individual investors as well as licensed securities intermediaries, including brokers, dealers, merchant bankers and mutual funds, will not be permitted to participate in trading of these perpetual non-cumulative preference shares.

Related News

SEBON Approves 50% Right Share Issuance of NIC Asia Bank Worth Rs 7.45 Billion

The Securities Board of Nepal (SEBON) has granted preliminary approval to NIC Asia Bank Limited to issue 50 percent right shares at a 1:0.50 ratio. The bank will issue 74,587,835 shares worth Rs 7.45 billion at a face value of Rs 100 per share.

NRB to Sell Gold Coins and Silver Medallions for Tihar from November 5

Nepal Rastra Bank (NRB) will sell 2.5-gram gold coins and 10-gram silver medallions featuring Goddess Laxmi and Lord Ganesh on November 5 and 6 (Kartik 19 and 20) from its Minting Division in Babarmahal, Kathmandu.

Himalayan Laghubitta Proposes 5% Dividend for FY 2082/83

Himalayan Laghubitta (HLBSL) has proposed a 5% dividend for shareholders, comprising 4.75% bonus shares and 0.25% cash dividend for the fiscal year 2082/83.

Rastriya Banijya Bank Reports 175.52% Growth in Q1 Net Profit

Rastriya Banijya Bank Limited has reported a remarkable 175.52% year-on-year growth in net profit, earning Rs. 1.64 billion in the first quarter of FY 2083/84, compared to Rs. 598.73 million in the corresponding period of the previous fiscal year. The significant growth was driven by a sharp increase in net interest income and a substantial decline in impairment charges.

Kumari Bank Reports Rs. 1.07 Arba Net Profit in Q1; Operating Profit Jumps 32.39%

Kumari Bank Limited (KBL) has reported a modest 1.70% year-on-year growth in net profit, earning Rs. 1.07 billion in the first quarter of FY 2083/84, compared to Rs. 1.06 billion in the corresponding period last fiscal year. Despite a decline in net interest income, the bank recorded strong growth in operating profit, supported by a significant reduction in impairment charges and operating expenses.

NMB Bank Reports 27.11% Growth in First-Quarter Net Profit

NMB Bank Limited has reported a 27.11% year-on-year increase in net profit, earning Rs. 1.16 billion in the first quarter of FY 2083/84, compared to Rs. 915.98 million in the corresponding period of the previous fiscal year. The growth was supported by higher operating income, increased net interest income, and a significant decline in impairment charges.