21st November, Kathmandu
NMBS Laghubitta Bittya Sanstha Limited has recently undergone a significant restructuring of its shareholding structure. This strategic move aims to enhance public participation and align with regulatory guidelines.
NMB Laghubitta Expands Investor Base
The company’s total share capital consists of 7,214,491.48 units. Post-restructuring, the founder group will retain a substantial stake of 60%, while the remaining 40% will be allocated to the general public. This shift from the previous 70:30 ratio marks a significant increase in public ownership.
The Nepal Stock Exchange (NEPSE) has officially recognized this change in the company’s shareholding structure. This restructuring is anticipated to bolster transparency and corporate governance practices, while simultaneously promoting financial inclusion by broadening the investor base.
By increasing public participation, NMBS Laghubitta aims to foster a more diversified ownership structure. This move is expected to enhance the company’s financial stability and long-term growth prospects.
The company’s decision to adjust its shareholding structure is a strategic step towards a more inclusive and transparent future. It reflects NMBS Laghubitta’s commitment to meeting evolving regulatory requirements and fostering a stronger connection with the investing public.
For more: NMB Laghubitta Expands Investor Base
About NMB Laghubitta
A Strong Foundation
NMB Laghubitta Bittiya Sanstha Ltd. (NMBMF) is a leading financial institution dedicated to empowering underserved communities in Nepal. Established in 2069 B.S. as a subsidiary of NMB Bank Ltd., NMBMF has been committed to providing inclusive banking services.
A Wide Reach
With a robust network of 7 provincial offices, 143 branch offices, and 5 sub-branch offices, NMBMF extends its services to 68 districts across Nepal. This extensive network enables the institution to reach even the most remote areas and cater to the diverse needs of its clients.
Empowering Communities
NMBMF’s core mission is to uplift marginalized communities by providing access to essential financial services. By empowering individuals with financial tools, the institution aims to improve their livelihoods and contribute to the nation’s economic growth.
Beyond Finance
NMBMF goes beyond traditional banking services. The institution actively promotes educational development, skill-building programs, and cultural activities to enhance the overall well-being of its clients. This holistic approach ensures that NMBMF is not just a financial institution but a catalyst for positive social change.
A Brighter Future
Through its unwavering commitment to financial inclusion and social development, NMBMF continues to play a vital role in shaping Nepal’s future.