Kamana Sewa Bikas Bank Ltd. (KSBBL) intends to issue a debenture known as the “9 percent KSBBL Debenture 2088.” The bank has appointed NIBL Ace Capital Limited as the debenture’s issue and sales manager.
Now, the bank must apply to the Securities Board of Nepal (SEBON) for debenture issuance. If SEBON approves, Kamana Sewa Bikas Bank will issue 10 lakh units of debenture with a face value of Rs 1000. As a result, the total debenture issue is Rs 1 Arba.
The bank currently offers banking services to its customers through 128 branch offices, 1 extension counter, and 70 ATMs.