Fiscal Nepal
First Business News Portal in English from Nepal
Sambriddhi Pokhara Finance
KATHMANDU: The Nepal Rastra Bank has granted final regulatory approval to Samriddhi Finance for its merger with Pokhara Finance, paving the way for the two financial institutions to begin integrated operations under a unified structure.
The final approval was issued on Tuesday, nearly a year after the two institutions signed a merger agreement on Shrawan 4 last year (mid-July 2025). With the regulatory clearance now secured, the merged institution is expected to formally announce the commencement of integrated operations through a public notice in the coming days.
According to officials familiar with the merger process, both companies had earlier agreed to merge on an equal-status basis, reflecting a balanced integration model rather than an acquisition-driven consolidation.
The merger understanding was formalized through a memorandum of understanding (MoU) signed by merger coordination committee representatives from both sides. Sudip Ghimire signed on behalf of Samriddhi Finance, while Til Bahadur Gurung represented Pokhara Finance.
Following the merger, the integrated entity will continue operations under the Samriddhi Finance brand name, while the central office will remain in Pokhara, preserving the regional institutional base of Pokhara Finance.
The merger is expected to strengthen the capital base, operational efficiency, and geographic outreach of the institution at a time when Nepal’s banking and financial sector is witnessing increasing consolidation amid tighter regulatory requirements and growing pressure to improve financial resilience.
In recent years, Nepal Rastra Bank has encouraged mergers and acquisitions among banks and financial institutions to create stronger entities with improved governance, larger lending capacity, and enhanced risk management systems.
The integration of Samriddhi Finance and Pokhara Finance is expected to contribute to that broader financial sector restructuring effort, particularly within Nepal’s finance company segment.
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