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IFIC Bank To Exit From Nepal Bangladesh Bank | To Sell 3,68,27,426 Promoter Shares

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IFIC Bank To Exit From Nepal Bangladesh Bank | To Sell 3,68,27,426 Promoter Shares

Bangladesh’s IFIC Bank Limited is selling its stake in Nepal Bangladesh Bank Limited (). The bank has agreed to NBB promoter shares in the amount of 3,68,27,426 units. IFIC Bank will leave Nepal Bangladesh Bank as a result of this.

The Nepal Bangladesh Bank began its banking operations on June 6, 1994. was founded as a bank with Bangladesh’s IFIC Bank Ltd.

Existing promoter shareholders will have first dibs on these shares. After the bank issues a 35-day notice the sale, interested promoter shareholders can apply for the share purchase.

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Emma Hayes

There I was in a hot yoga studio with plenty of bright natural light and bending myself into pretzel like positions for the very first time.

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