Jul Thu 2022 02:00:36
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Kathmandu. Merger agreements are being negotiated between one big bank after another. Merger acquisition between Nabil Bank and Nepal Bangladesh Bank has already started. Which has become the second bank in paid up capital so far. According to Nabil Bank, the bank's paid-up capital has reached Rs 22.83 billion, total deposits Rs 328 billion and total loans Rs 308 billion.
Similarly, Global IME Bank is currently the largest bank in paid-up capital. Its total capital is more than 23 billion. Only a few weeks ago, a merger agreement was signed between Global IME and Bank of Kathmandu. After the merger of these two banks, the total paid-up capital will be Rs 34.41 billion, total deposits will be Rs 384 billion and total loans will be Rs 380 billion.
Similarly, a merger agreement has been signed between Nepal Investment and Mega Bank. The total paid-up capital of the new bank will be Rs 34.43 billion. As per the agreement reached so far, Global IME BOK will be the largest in terms of paid-up capital, Nepal Investment Mega Bank the second largest, Nabil the third and Himalayan Bank the fourth.