CIT to underwrite Himalayan Bank’s additional FPO
KATHMANDU: Citizen Investment Trust (CIT) has agreed to underwrite Himalayan Bank’s additional follow-on public offering (FPO).
The agreement was signed on Sunday by CIT executive director Parbat Kumar Karki and Himalayan Bank chief executive officer Ashoke SJB Rana.
Under its terms, CIT will underwrite 9,250,469 shares in the FPO. The arrangement remains in force for three months from the date of signing.
Published Date: June 23, 2025, 12:46 pm
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