Kathmandu, August 21- Nepal Credit and Commerce Bank has opened 50% right share subscription from Bhadra 04, 2075. The share holders having purchased shares up to Sharawan 14,2075 are eligible to apply for the right share of the bank.
Sunrise capital is the issue manager for the right share management. The shareholders can submit their application to NCC bank as well as in Sunrise capital. They can also place from financial institution providing C-ASBA facility.
At present, the paid up capital of the bank is Rs 4.67 arab and it will reach to Rs 7.01 arab after the right share adjustment. The bank still has to increase the paid up capital by about 15% to meet the minimum mandatory paid up capital requirement.