ARTHASAROKAR ENGLISH
HBL and NIBL to Merge and Become the Biggest Bank in the Country
KATHMANDU With the intention of strengthening the banking sector of Nepal and in line with Nepal Rastra Banks (NRB) encouragement through their Merger and Acquisition policy Nepal Investment Bank Ltd. (NIBL) and Himalayan Bank Ltd. (HBL) have jointly signed an MoU (memorandum of understanding) to go into a merger. The[...]
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