Nabil Bank Acquired Nepal Bangladesh Bank 4.33 Crore Shares Listed in NEPSE For Trading

Wed, Aug 3, 2022 10:50 AM on Latest, Share Listed, Merger/Acquistion,

4,33,67,219 additional shares of Nabil Bank Limited (NABIL) have now been listed in NEPSE.

Nabil Bank had acquired Nepal Bangladesh Bank Limited (NBB) with a swap ratio of 100:43. Thus, the additional shares after the acquisition are now listed in NEPSE. NBB total listed shares were 10,08,53,998 units. 

After a successful acquisition of Nepal Bangladesh Bank, NABIL has commenced the joint transaction in the name of Nabil Bank Limited (NABIL ) from Ashad 28, 2079. The paid-up capital of Nabil Bank has increased to Rs. 22.83 Arba from Rs. 18.49 Arba. As per the media statement, Nabil Bank now has core capital of Rs 56.02 arba, deposits of Rs 3.28 kharba, and loans of Rs 3.08 kharba, 267 branches, 274 ATM outlets.