KATHMANDU, December 27:
The primary market will be seeing one of the large public issues worth Rs 920 million within the next one month.
The capital market regulator — Securities Board of Nepal (Sebon) — has approved the Initial Public Offering (IPO) of Century Commercial Bank. This offering, worth Rs 920 million, will be the last IPO of a commercial bank as Nepal Rastra Bank has stopped providing licence to commercial banks since the past three years.
“The prospectus of the bank’s IPO got approved today,” informed an official at Sebon. “The bank had filed the prospectus for approval in June but it required a few amendments so it took a
