KATHMANDU: Nabil Bank completed the process of acquisition of Nepal Bangladesh Bank. The two banks also started their integrated transitions as Nabil Bank Limited on Monday. Nepal Rastra Bank allowed the two banks to start their integrated transitions.
Class A licensed Nabil Bank has acquired Nepal Bangladesh Bank with the permission of the central bank. With the completion of the acquisition process, Nabil bank has received all the capital and financial responsibilities of Nepal Bangladesh Bank.
The two banks have reached an understanding to take the lead in nation-building by expanding and strengthening the esteemed institutions that have been playing a leading role in Nepal's financial sector.
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Published Date: July 12, 2022, 12:00 am
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