Kathmandu: Pakistani Habib Bank, which owns shares in Himalayan Bank, is about to exit from investors.

Habib Bank owns 213.88 million shares. Shares of Habib will be sold at Rs 282.50 per share.

When sold at this rate, the total amount comes to 6 billion 4 million 23 million 36 thousand 2 hundred.

Habib Bank has also agreed to sell the founder's shares at Rs 282.50 per share.

Rumors of a bank exit by selling shares to European finance company CDC began two years ago. But the share sale process was halted.

A board member of the bank said that it has now called on the founding investors to buy shares of Habib Bank.

The bank is about to complete the purchase and sale of shares before the proposed merger. Himalayan Bank and Investment Bank have moved ahead for the merger.

Himalaya Shamsher Rana, Bhim Bahadur Pandey, Prithvi Bahadur Pandey, Mohangopal Khaitan and Narasimha Bahadur Shrestha have invested in the bank from the very beginning. Besides, Shashikant Agrawal and Sunil Bahadur Thapa also have investments.