Mega Bank Limited (MEGA) and Gandaki Bikas Bank Limited (GDBL) have announced that a Special General Meeting (SGM) will be held to finalize the proceedings of acquisition of Gandaki Bikas Bank by Mega Bank Limited.

Held on Jestha 21; SGM to finalized the acquisition process

The main agenda of both the SGMs is to endorse the Due Deligence Audit and Swap Ratio for the process of acquisition. The swap ratio is finalized at 1:1.

After the completion of acquisition process the company will be operated under the name of Mega Bank Limited.