Category/exclusive-news (Total Articles : 2469 )


Shocked by Big Merger : Nepal Rastra Bank debate on limitation on Big Merger

Shocked by Big Merger : Nepal Rastra Bank debate on limitation on Big Merger

Kathmandu. News about the merger between the banks has been published since the initial practice. Among such news items are 'NCC Bank merging with Nabil Bank', 'Efforts to merge between Global IME Bank and Prime Commercial Bank'. The NRB leadership is shocked to read this...

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Nabil and Bangladesh Bank's integrated business after 20 branches will be closed and relocated

Nabil and Bangladesh Bank's integrated business after 20 branches will be closed and relocated

Kathmandu. Nabil Bank and Nepal Bangladesh Bank have completed the merger process and are starting integrated business from July 10. The bank is going to close and relocate 20 branches across the country when integrated business is started under the name of Nabil Bank. The...

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Gyanendra Dhungana appointed Chief Executive Officer of Nabil Bank

Gyanendra Dhungana appointed Chief Executive Officer of Nabil Bank

Kathmandu. Newly appointed Chief Executive Officer of Nabil Bank Gyanendra Prasad Dhungana has taken charge. A meeting of the Board of Directors of Nabil Bank Limited held on July 3, 2008 had decided to appoint Dhungana as the Chief Executive Officer.

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Job Vacancy Announcement in Agriculture Development Bank

Job Vacancy Announcement in Agriculture Development Bank

Kathmandu. Agriculture Development Bank Limited has demanded employees for various posts. The bank has demanded employees for different levels. The bank has invited applications for filling up the posts through open and inclusive competitive examination. The bank has invited applications for the posts of officer...

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Nepal Rastra Bank final approve to merge Nepal Investment and Mega Bank

Nepal Rastra Bank final approve to merge Nepal Investment and Mega Bank

Kathmandu, July 8: Nepal Rastra Bank has given in-principle consent for the merger of Nepal Investment and Mega Bank. NRB has given in-principle agreement to the two banks for the purpose of merger.The two banks had agreed to merge on...

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Prabhu and Century Bank in final preparations for the merger, Swap Ratio is 100:95

Prabhu and Century Bank in final preparations for the merger, Swap Ratio is 100:95

Kathmandu. Banks have been making final preparations for the recent merger. According to a source, final discussions are underway to merge Century Bank and Prabhu Bank. Although it is preparing to merge in the ratio of 1: 1, Prabhu Bank has proposed to merge in...

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NRB Message : Be prepared for a tight monetary policy, Now Monetary policy will return to the state of Pre-Covid _Governor Adhikari

NRB Message : Be prepared for a tight monetary policy, Now Monetary policy will return to the state of Pre-Covid _Governor Adhikari

Kathmandu. Governor Maha Prasad Adhikari is giving the message with the basis of speculating that the monetary policy will be somewhat narrowed. In a discussion organized by the Nepal Management Association (NMA), Governor Adhikari of NRB said that NRB had focused on resource management in...

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Why Himalayan and Civil Bank merger agreement Postponed ?

Why Himalayan and Civil Bank merger agreement Postponed ?

Kathmandu. Himalayan Bank will not have an agreement to acquire Civil Bank. Himalayan Bank was to sign a preliminary agreement (MoU) to acquire Civil Bank. However, the program was postponed after the Civil Bank said that it would reach an agreement only after finalizing the...

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Himalayan and Civil Merger : Swap Ratio 100:81, Chairman Prachanda Shrestha, CEO Ashok Rana and  equal status of employees

Himalayan and Civil Merger : Swap Ratio 100:81, Chairman Prachanda Shrestha, CEO Ashok Rana and equal status of employees

Kathmandu. Himalayan and Civil Bank are in the final stages of merging and amalgamation. Bank sources said that the two banks are preparing to sign a merger agreement on Friday to finalize the merger agreement.According to sources, the two banks...

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Nepal Investment and Mega Bank employees Equal status , VRS facility for quit the banking service

Nepal Investment and Mega Bank employees Equal status , VRS facility for quit the banking service

Kathmandu. It has been agreed that the status of employees of Nepal Investment Bank and Mega Bank will be equal. Along with the merger agreement between the two banks, it has been agreed that the rank status of the employees of the bank will also...

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Merger Himalayan and Civil Bank : Swap Ratio is 100:81 Percent and CEO is Ashok Rana

Merger Himalayan and Civil Bank : Swap Ratio is 100:81 Percent and CEO is Ashok Rana

Kathmandu. The merger agreement between Himalayan and Civil Bank will be Sure. After the merger of Himalayan Bank with Nepal Investment Bank broke down, Himalayan Bank was forced to merge with another financial institution. A preliminary merger agreement with Civil Bank is likely to be...

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Public holiday on Sunday: Share market, banks and financial institutions will also be closed

Public holiday on Sunday: Share market, banks and financial institutions will also be closed

Kathmandu: The government has given a public holiday on Sunday on the occasion of Bucker Eid. The Ministry of Home Affairs issued a notice on Sunday stating that the followers of Islam have been given leave as per the information published in the Nepal Gazette...

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Deposits of commercial banks increased by Rs 34 billion and credit flow Rs 2 billion

Deposits of commercial banks increased by Rs 34 billion and credit flow Rs 2 billion

Kathmandu. There has been a general improvement in the deposit collection of commercial banks. Compared to the first week of July, the second week saw an increase of Rs 34 billion in deposits in commercial banks. According to the Nepal Bankers' Association, there was...

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Merger Agreement between Himalayan and Civil Bank will be signed on Friday 8th July

Merger Agreement between Himalayan and Civil Bank will be signed on Friday 8th July

Kathmandu. The merger agreement between Himalayan and Civil Bank will be signed on Friday. After the merger of Himalayan Bank with Nepal Investment Bank broke down, Himalayan Bank was forced to merge with another financial institution. A preliminary merger agreement with Civil Bank is likely...

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Why Finance Minister Janardan Sharma resigned ?

Why Finance Minister Janardan Sharma resigned ?

Kathmandu. Finance Minister Janardan Sharma has resigned from the post. In a meeting of the House of Representatives on Wednesday, Minister Sharma resigned from the post. The finance minister is accused of forcing a former deputy subba to manipulate tax rates while preparing the budget....

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