Century Commercial Bank is all set to issue primary shares aimed at
general public likely from 2nd week of Bhadra, 2070 . The bank has already appointed
Citizen Investment Trust, Nabil Investment, Growmore Merchant, Civil
Capital and NCM Merchant as issue managers.The bank is planning to go public with the shares within this fiscal year. The bank will issue 9.2 million shares worth Rs 920 million. It is the highest number of shares issued by any commercial bank in the country after the shares issued by Agricultural Development Bank. The bank which started operation in 2011 has deposits of Rs 10 billion and has dispensed loans amounting to Rs 8.5 billion. The bank has 31 branches across the country.
Financial Report
- Century Commercial Bank Limited has posted net profit of Rs 23.96 million during the 3rd quarter of the fiscal year 2069/70.
- Century Commercial Bank Limited has posted net profit of Rs 25.16 million during the 2nd quarter of the fiscal year 2069/70. ]
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