Himalayan Bank, Nepal Investment Bank and Civil Bank are going to merger process soon 

Kathmandu. While the merger of Himalayan Bank and Investment Bank is being discussed, discussions between these two banks have been moving forward recently.

If merged, it will be the largest commercial bank in Nepal. At the same time, it will be a large bank with a paid-up capital of Rs 25 billion.

Similarly, the credit flow will be two and a half trillion rupees and the deposit collection will be three trillion rupees. The size of the reserve fund will reach 16.26 billion. This will make it easier for banks to invest in large projects.

The bank's paid-up capital had reached around Rs 19 billion after the merger of Janata and Global IME Bank last year. But if the merger of Himalayan and Investment Bank is successful, it will become the largest commercial bank.

Meanwhile, the issue of tripartite merger has also been raised in the ongoing discussions between Investment Bank and Himalayan Bank. Discussions have also taken place on the issue of merging Civil Bank.

Civil Bank has been seeking to merge with Himalayan Bank since the past. A letter was also written to Himalayan Bank in this regard.

The possibility of a tripartite merger is currently being discussed. If all the three banks merge, the bank's paid-up capital will reach Rs 35 billion. This will make the bank even bigger after the merger.