Nabil & NB Bank launch integrated business (with photos)

KATHMANDU: The integration business has been formally launched by Nabil Bank and Nepal Bangladesh (NB) Bank.

By holding a ceremony on Monday, the two banks announced that they will begin integrated business after the merger of NB Bank and Nabil Bank.

Nabil Bank’s share price has remained unchanged at 100%, while NB Bank’s share price has remained unchanged at Rs 100 per share.

Gyanendra Dhungana will be the CEO of the bank formed as a result of Nabil’s acquisition. The combined working capital of these banks will be Rs. 22.83 billion.

Photos:-