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Nabil, Nepal Bangladesh Bank seals merger deal, to start joint transaction within June

KATHMANDU: Nabil Bank Limited and Nepal Bangladesh Bank Limited (NBB) have inked a preliminary agreement for the acquisition of NBB by Nabil Bank in a share swap ratio of 100:43. A memorandum of understanding (MoU) of the acquisition was signed by director of Nabil Bank Udaya Krishna Upadhya and director...

Nabil, Nepal Bangladesh Bank seals merger deal, to start joint transaction within June
Inflation soars to 7.11 percent, remittance,foreign exchange reserve depleting

Inflation soars to 7.11 percent, remittance,foreign exchange reserve depleting

Court bars IFIC from selling its NBB’s shares to Chaudhary Group

Court bars IFIC from selling its NBB’s shares to Chaudhary Group

Rs 58 billion injected in the financial system in a week to ease liquidity crisis

Rs 58 billion injected in the financial system in a week to ease liquidity crisis

NRB directs BFIs to reduce physical works as Covid-19 cases surge

NRB directs BFIs to reduce physical works as Covid-19 cases surge

Global IME Bank signs tripartite loan agreement

Global IME Bank signs tripartite loan agreement

Spike in Covid cases may impact banking system’s restructured book

Spike in Covid cases may impact banking system’s restructured book

NRB forces microfinance companies with crossholding of BFIs for merger

NRB forces microfinance companies with crossholding of BFIs for merger

Nabil Bank to acquire Nepal Bangladesh Bank, committee formed to complete the merger process

Nabil Bank to acquire Nepal Bangladesh Bank, committee formed to complete the merger process

Sanima Bank announces Sanima Sajilo e- Banking New Year Dhamaka Campaign

Sanima Bank announces Sanima Sajilo e- Banking New Year Dhamaka Campaign

Nabil Bank customers can now load funds on Khalti

Nabil Bank customers can now load funds on Khalti

To the top of Asia: A glorious journey of NMB Bank

To the top of Asia: A glorious journey of NMB Bank

Commercial banks listed in Nepse declares dividends from FY 2020-21 profit

Commercial banks listed in Nepse declares dividends from FY 2020-21 profit

Should we brace up for Cryptocurrency? Current prospects in Nepal

Should we brace up for Cryptocurrency? Current prospects in Nepal

Nabil Bank launches ‘Nabil SmartPOS’ in agreement with Daraz and imark

Nabil Bank launches ‘Nabil SmartPOS’ in agreement with Daraz and imark

NRB tightens import of luxurious items amid pressure on foreign exchange reserve

NRB tightens import of luxurious items amid pressure on foreign exchange reserve

Standard Chartered fined Rs 6.27bn over liquidity reporting and failure to be ‘open and co-operative’

Standard Chartered fined Rs 6.27bn over liquidity reporting and failure to be ‘open and co-operative’

ABD trims developing Asia’s growth forecast on Omicron fears

ABD trims developing Asia’s growth forecast on Omicron fears

Central bank halts dividend distribution of Himalayan Bank Ltd ahead of merger

Central bank halts dividend distribution of Himalayan Bank Ltd ahead of merger

High time to enhance banking, financial, and risk financing skills to women entrepreneurs

High time to enhance banking, financial, and risk financing skills to women entrepreneurs

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Trump announces global 15pc tariff plan after court blocks previous import taxes

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