Nabil, NB become one bank

Nabil Bank has announced the completion of the Nepal Bangladesh (NB) Bank acquisition process. The two banks started their integrated transitions as Nabil Bank Limited from Monday, July 11. The central bank has allowed the two banks to start their integrated transitions. Nabil has acquired Nepal Bangladesh Bank Limited with the permission from the Nepal Rastra Bank. With the completion of this acquisition process, Nabil bank has received all the capital and financial responsibilities of NB Bank, Chairman of the former, Upendra Poudyal, said at a programme organised to announce the joint operation on Monday evening.