KATHMANDU: Laxmi Bank and Sunrise Bank have signed a memorandum of understanding (MOU) to undertake a merger between the two banks.
Raman Nepal, Chairman of Laxmi Bank, and Motilal Dugar, Chairman of Sunrise Bank signed the agreement amid a ceremony on Monday.
The signing ceremony was attended by members of Board of Directors, major shareholders, Chief Executive Officers and other executives of both banks.
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Published Date: January 10, 2023, 12:00 am
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