NMB Bank Puts 69,424 Founder Shares Up for Sale, Priority Given to Existing Shareholders

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23rd April 2026, Kathmandu

NMB Bank Limited has officially announced the sale of 69,424 units of its founder shares. These shares, currently held under the name of Tiladevi Pandey, are being offered for transfer in accordance with the strict regulatory guidelines set by the Nepal Rastra Bank and the bank’s own internal bylaws.

NMB Bank Founder Shares

This announcement provides a strategic opportunity for internal stakeholders to increase their equity in one of the country’s leading commercial banks, while also setting the stage for potential public participation in the future.

The Regulatory Framework of Founder Share Transfers

Founder shares in Nepal are distinct from ordinary shares traded daily on the Nepal Stock Exchange. They represent the core ownership and initial capital used to establish the banking institution. Due to the sensitive nature of bank ownership, the transfer of such shares is highly regulated. The process ensures that the stability and governance of the financial institution remain intact. By following a structured priority system, NMB Bank maintains the integrity of its promoter group while adhering to the transparency requirements of the capital market.

Priority Access for Existing Founder Shareholders

According to the official notice, the first right of refusal for these sixty nine thousand four hundred and twenty four units belongs to the existing founder shareholders of NMB Bank. This priority system is a standard practice designed to allow current promoters to maintain or consolidate their percentage of ownership within the bank before new parties are introduced.

For the duration of the initial offering phase, the general public and external institutional investors are not yet eligible to apply. This ensures that those who have been with the bank since its inception or have previously acquired founder status have the first opportunity to evaluate the financial feasibility of increasing their stake. This internal phase is crucial for maintaining the existing power structure and investor confidence within the board of directors and the promoter group.

Application Timeline and Submission Details

Eligible shareholders who wish to participate in this purchase must act within a specific timeframe. The bank has established a thirty five day window from the date of the public notice for applications to be submitted. This period allows shareholders enough time to conduct their financial due diligence and arrange for the necessary capital.

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All applications must be submitted in a formal manner to the Office of the Company Secretary located at the bank’s headquarters in Babarmahal, Kathmandu. It is vital for applicants to include all required legal and financial documentation to prove their current shareholder status and their capacity to acquire the new units. Failure to submit a complete application within this thirty five day period will result in the loss of priority status, allowing the bank to move to the next phase of the sale.

Future Outlook Potential for Public Participation

A key aspect of this announcement is the provision for what happens if the current founder shareholders do not subscribe to the full amount of shares on offer. If the thirty five day deadline passes and the sixty nine thousand four hundred and twenty four units remain unsold, NMB Bank has the authority to open the sale to a wider audience.

In such a scenario, the shares could become available to individual investors, corporate houses, and other financial institutions that do not currently hold founder status. This would represent a significant opportunity for the general public to enter the promoter level of a major commercial bank. While founder shares are generally less liquid than ordinary shares, they often come with different dividend structures and long term benefits that appeal to institutional and high net worth investors.

NMB Bank’s Position in the Nepalese Market

NMB Bank has consistently been recognized for its innovation and growth in the Nepalese financial landscape. As a multiple time winner of the Bank of the Year award, its shares are highly sought after in the capital market. The movement of nearly seventy thousand founder units is a notable event that could influence the bank’s internal equity dynamics. Investors and market analysts often view such transfers as a sign of healthy circulation within the promoter group or as a precursor to broader structural changes.

Conclusion for Interested Investors

While the current window is restricted to insiders, the broader investment community should keep a close watch on the progress of this sale. The transition from a restricted offering to a public one can happen quickly once the initial thirty five days have passed. For existing shareholders, this is a prime moment to solidify their investment in a top tier bank. For others, it is a signal to prepare for a potential entry into the foundational equity of NMB Bank. As the banking sector in Nepal continues to consolidate and grow, these types of share transfers remain a critical component of the market’s overall evolution and transparency.

For More: NMB Bank Founder Shares