Kathmandu. The commercial banks of Nepal are rapidly merging due to the continuous supervision of Nepal Rastra Bank and the many crises seen in banks and financial institutions. Their efforts to strengthen their financial situation and become a strong bank are getting good responses.

However, the foreigners who invested in the banks of Nepal are in the process of withdrawing their investments after not getting the expected returns from their investments in the banks here. Recent examples of this are the cases of Bengali investment in Nepal Bangladesh Bank and withdrawal of investment made by Pakistani Habib Bank in Himalayan Bank. A long time ago, from Indoswitch Bank to Sri Lanka's Ceylon Bank, they have withdrawn their investments from Nepal.

In this background, a commercial bank has passed a proposal to bring in a foreign partner through its 24th general meeting. That bank is Machhapuchhre Bank Limited. This topic was not listed in the pre-announced agenda of their annual general meeting. In this general meeting, the bank listed only the issues of passing the financial statement of the previous financial year 2078/79, appointing an auditor and electing a new board of directors.