National Laghubitta Bittiya Sanstha Limited (NMFBS) intends to issue Further Public Offerings (FPO) to achieve a 70% to 30% share ratio between promoters and the general public.
A total of 669,900.27 shares will be offered to the public. RBB Merchant Banking Limited has been designated as the issuing and selling manager for this FPO.
The agreement was signed by Chief Executive Officer Ram Bahadur Yadav of National Laghubitta Bittiya Sanstha Limited and Chief Executive Officer Badri Prasad Pyakurel of RBB Merchant Banking Limited.
About National Laghubitta Bittiya Sanstha Limited (NMFBS)
National Laghubitta Bittiya Sanstha Limited (NLBSL), backed by leading commercial banks, development banks, financial institutions, and esteemed individuals, began its operations as a national-level microfinance institution in 2014.
NLBSL was registered as a public company on October 31, 2013, and received its operating license from Nepal Rastra Bank on June 11, 2014, to function as a “D” Class Financial Institution. It aims to establish itself as a strong and reliable microfinance institution in Nepal.
