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News tagged 'Commercial Banks in Nepal'

Kumari Bank to acquire 4 financial institutions

Feb 2, 2017

Nepal Rasta Bank (NRB) has permitted Kumari Bank Ltd to acquire Kasthamandap Development Bank Ltd, Pashchimanchal Finance Company Ltd, Mahakali Bikas Bank Ltd and Kankrebihar Development Bank Ltd. Issuing a statement, the bank said that the joint committee for acquisition has decided to acquire all four institutions at the rate of Rs 85 per share ...

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