Nabil Bank Brought ‘Nabil Venture 2087’, 9 Percent Interest will Obtained

Kathmandu : Nabil Bank Limited is going to issue bonds worth three billion rupees. The issue of 30 lakh bonds has been started at the rate of 1000 rupees per share.

Of the total 300,000 shares of bonds to be sold by the bank, 1.2 million shares worth 1.2 billion rupees will be sold to the general public and 1.8 million shares worth 1.80 billion rupees will be sold individually. Out of the 1.2 million shares allotted to the general public, five percent i.e. 60,000 shares equal to 6 crore rupees have also been included for the collective fund.

According to Nabil, investors will get an interest rate of 9 percent in this seven-year bond, which can be invested by the general public from a minimum of 25 shares to a maximum of 12 lakh shares. According to the bank the bond will be opened from November 29 to January 3 at the earliest and until January 13 at the latest.

Nabil Bank is one of the leading commercial banks of Nepal. The bank has been providing services through 22 extension counters and 313 ATM machines with a network of 266 branches across the country. Nabil Bank has been providing banking services more than 1.8 million customers.