Banking activities of Civil Bank, Unique Finance & Hama Merchant to close today for system integration

Civil Bank, Unique Finance and Hama Merchant & Finance company Limited& Finance Company Limited are closing banking transactions today (Ashad 16, 2074) for the process of system integration and data migration to start joint operation. Everything related to banking services such as ATM services, Internet Banking, Mobile banking, etc to remain closed for today. Civil Bank, Unique Finance and Hama Merchant will start joint transaction from Ashad 18, 2074 as “Civil Bank Limited” and will start the integrated business as an “A” class commercial bank . Civil Bank has acquired Unique Finance and Hama Merchant in a share swap ratio of 100:90:89 respectively. Civil Bank had earned net profit of Rs.15.44 crore in the third quarter of the current fiscal year 2073/74. Its paid up capital currently stands at Rs 4.58 arba. After acquisition of Unique Finance and Hama Merchant , Civil Bank will be issuing 40% right share to its shareholders.