Citizens Bank Increases Paid-up Capital to NPR 17.50 Billion

19th July 2026, Kathmandu

Citizens Bank International Limited has officially expanded its capital structure following the successful approval of crucial resolutions passed during its Eighth Special General Meeting.

Citizens Bank Increases Paid-up Capital 

The decision to enhance the capital base aligns with the long-term growth strategies of the financial institution and its commitment to maintaining a robust financial foundation. This capital injection will allow the bank to expand its business activities, strengthen its risk-bearing capacity, and support its ongoing credit expansion across various economic sectors.

The enhancement of the capital structure represents a vital milestone for the commercial bank as it adapts to the evolving regulatory landscape and competitive financial market in Nepal. By successfully executing this capital plan, Citizens Bank International Limited positions itself for sustainable development and improved shareholder value in the coming years.

Issuance of Preference Shares to Drive Capital Growth

A major component of the capital enhancement strategy was the issuance of specialized equity instruments designed to attract long-term investment. The bank utilized preference shares to safely scale up its capital reserves without immediate dilution of ordinary equity.

The specific details regarding the new share issuance include the following structural features.

• The bank issued 7.5 percent Citizens Redeemable Non Cumulative Preference Shares.
• The total value of the newly issued preference shares amounts to two billion Nepalese rupees.
• Each issued share carries a standard face value of 100 Nepalese rupees.

This massive capital mobilization provides the bank with the necessary low-cost, long-term fund cushion required to navigate changing economic conditions while delivering steady financial performance.

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Significant Upgrades to Authorized and Paid Up Capital Figures

According to official disclosures made by Company Secretary Pramesh Raj Kayastha, the successful issuance of the preference shares has led to a direct upward revision of the core capital metrics of the bank. The physical limits stated in the constitutional documents of the company have been expanded to accommodate the growth.

The official revisions made to the capital structure of Citizens Bank International Limited include the following metrics.

• Authorized capital has been officially increased from 20 billion Nepalese rupees to 22 billion Nepalese rupees.
• Issued capital has successfully risen from 15.507 billion Nepalese rupees to 17.507 billion Nepalese rupees.
• Paid up capital has simultaneously increased from 15.507 billion Nepalese rupees to 17.507 billion Nepalese rupees.

These updated figures demonstrate a clear increase in the financial strength of the bank, providing it with a much larger operational runway to handle large-scale corporate transactions and expand its nationwide banking network.

Regulatory Approvals and Formal Document Registration Process

To ensure absolute transparency and compliance with national corporate laws, Citizens Bank International Limited completed a multi-tiered regulatory approval process before making the capital changes effective. The entire transition was vetted by banking and corporate registry authorities.

The sequential steps and dates involved in securing the formal approvals include the following points.

• The capital restructuring resolutions were initially passed at the Eighth Extraordinary General Meeting held on Ashadh 3 2083.
• The proposed amendments to the capital structure and the Memorandum of Association first received formal approval from the central bank, Nepal Rastra Bank.
• The revised documents were then submitted to the Office of the Company Registrar, which formally approved and registered the changes through letters issued on Ashadh 26 and Ashadh 31 2083.

The amendments became fully effective immediately after the Office of the Company Registrar officially recorded the revised Memorandum of Association.

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