NIC ASIA Bank’s 11% NIC ASIA Debenture 2082-83 program receives overwhelming response from both institutional and individual investors

NIC ASIA Bank has informed that its 11% NIC ASIA Debenture 2082-83 scheme which was floated in the market from Bhadra 21, 2075 has been fully subscribed with the enthusiastic participation from individual as well as institutional investors.

Out of the Rs 1.87 arba worth of deventure, the bank has informed that the interested institutional investors till Bhadra 27, 2075 has submitted application for Rs 2.16 arba worth of debentures while individual investors have applied for Rs 44 crore. After the allotment, the debenture will also be listed in the stock exchange for their active trading, as per the media note issued by the bank.

The commercial bank currently has 244 branches, 238 ATM outlets, 14 extension counters and 18 branchless banking units throughout the nation.