NIBL and HBL merger falls uncertain after majority of HBL’s shareholders vote against merger
KATHMANDU, Jan 15: The much-hyped merger between Himalayan Bank Limited (HBL) and Nepal Investment Bank Limited (NIBL) has fallen uncertain after the majority of shareholders of HBL did not give consent to the bank’s prior plan.
KATHMANDU, Jan 16: Nepal Rastra Bank (NRB) is mulling over taking action against Himalayan Bank Limited (HBL) and Nepal Investment Bank Limited (NIBL), which have failed to conclude their merger plan despite signing officially an agreement for unification.
KATHMANDU, Dec 26: Himalayan Bank Limited (HBL) has scheduled its annual general meeting (AGM) for January 14, which is likely to endorse the bank’s merger with Nepal Investment Bank Limited (NIBL), which has been going at a slow pace.
KATHMANDU, May 13: Himalayan Bank Limited (HBL) and Nepal Investment Bank Limited (NIBL) on Thursday signed a memorandum of understanding for merger, agreeing to name the merged entity as ‘Himalayan and Nepal Investment Bank Limited.’
Kathmandu, May 13. 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 signing of the […]
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