KATHMANDU: Nabil Bank has announced the signing of the issue management agreement with Laxmi Capital Market Ltd under which Laxmi Capital will manage the issuance of debentures to be issued by the bank.

Nabil Bank is going to issue debentures worth Rs two billion with a face value of Rs 1,000.

The management of both public issuance and private placement shall be done by Laxmi Capital.

The agreement was signed by Nabil Bank’s CEO Anil Keshary Shah and Rajiv Sapkota, CEO of Laxmi Capital.