Bank Aboard

The Colombo Stock Exchange said 61,812,507 shares would be quoted at par by way of an introduction.

rnrnThe issue is limited to National Development Bank
quote s existing shareholders. NDB raised Rs. 403,125,000 through a rights issue. The balance was earlier issued by way of a debenture.

rnrnThe listing was originally scheduled for end December last year, but unsettled political conditions compelled the bank to postpone it to April.rn