Six promoters of Nepal Credit & Commerce Bank Limited (NCCB) are auctioning a portion of the commercial bank’s promoter shares.

The promoters are willing to auction away a total of 26,63,066 promoter shares. The auction is first open to existing promoters for 35 days from the day of the official notice. If not bought by existing promoters, the public and other institutions/ companies will then be eligible to bid for the shares.

NCCB has a total of 5,68,12,359 promoter shares, amounting to 51% of the company’s shareholding.


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