Nabil Bank Limited (NABIL) and Nepal Bangladesh Bank Limited (NBB) inked an agreement for the acquisition of NBB by Nabil Bank in a share swap ratio of 100:43. The agreement of acquisition by Nabil Bank was endorsed by the boards of both banks on Poush 29, 2078.
Recently, a special general meeting of Nabil Bank Limited was held on Jestha 7, 2079 to finalize the procedures for the acquisition of Nepal Bangladesh Bank. In this meeting, a final scheme of arrangement/agreement was passed to approve all the works related to the acquisition.
As per the final scheme of agreement, it is clarified that the former Chief Executive Officer of the Nepal Bangladesh Bank, Mr. Gyanendra Prasad Dhungana, will be holding the post…
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