KBL

Kumari Bank Limited and Suryodaya Womi Laghubitta Bittiya Sanstha Limited Initiate Promoter Share Auctions 1
Business | Market | Economy

Kumari Bank Limited and Suryodaya Womi Laghubitta Bittiya Sanstha Limited Initiate Promoter Share Auctions

The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 6,41,284 units of shares exclusively to interested promoter shareholders, starting from today. Only eligible shareholders are invited to participate in the auction, with bids accepted within 35 days from the date of this notice, concluding on the 18th of Falgun. Bidders are […]

Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions 7
Business | Market | Economy

Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions

Prudential Capital Management Company Limited has initiated the auction of promoter shares from six financial institutions, namely Prabhu Bank Limited (PRVU), ICFC Finance Limited (ICFC), Nepal Life Insurance Company Limited (NLIC), Nepal Investment Mega Bank (NIMB), Kumari Bank Limited (KBL), and Prime Commercial Bank Limited (PCBL). The auction, spanning from the 11th Poush to the

Is KBL undervalued right now and can it be a good buy? 13
r/NepalStock

Is KBL undervalued right now and can it be a good buy?

I’ve been analyzing KBL recently. It has a decent number of customer deposits, reserves, profits, and very less borrowings but after merging with NCCB its NPL(non-performing loans) spiked up to 3.97% which eventually decreased its net profit in Q3. Here’s my theory: if KBL can effectively lower its non-performing loans and focus on growth from

Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines 17
Dividend

Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines

The Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) transaction has been halted, according to the official notice of the Nepal Stock Exchange (NEPSE), since the business declared dividends to be given to shareholders without first receiving authorisation from NEPSE. At 6:35 PM on Magh 25, after business hours, Nepal Stock Exchange received the letter from VLBS

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