Nepal Investment Bank Ltd — one of the leading banks of Nepal which was recently renamed Nepal Investment Mega Bank Ltd (NIMBL) following merger with Mega Bank Ltd — had registered ‘NIBL Mutual Fund’ as a fund sponsor in Securities Board of Nepal (SEBON) with an objective to diversify mutual fund schemes in the Nepali capital market.
Nepal Investment Bank Ltd (NIBL) and Mega Bank have started joint operations from today following a successful merger between the two banks. Organising a press conference here today, the two banks officially announced the start of joint operations under the new name — Nepal Investment Mega Bank Ltd (NIMB).
KATHMANDU, Nov 30: Nepal Investment Bank Limited (NIBL) and Mega Bank have signed a final draft of Memorandum of Understanding (MoU) for a merger. A meeting of the Board of Directors of both the banks have endorsed the document and exchanged it, paving the way for merging the institutions.
Nepal Investment Bank and Mega Bank Limited have suspended their share transactions after signing a merger deal.
The post Investment, Mega banks suspend share transactions following the merger deal appeared first on OnlineKhabar English News.
Daraz is offering 60% discount, vouchers up to Rs5000, discount on online pre-payment up to 15% as well as chance to win products and bumper prizes for Nepali New Year. Card holders of Sanima, Nepal Investment Bank, Mega Bank, NCC, Century, Jyoti Bikash, Muktinath, Sangrila, Nepal Bank and Bank of Kathmandu can all enjoy discount […]
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