Nabil Bank begins joint transaction after acquiring NB Bank; revamped institution stands up as leading financial institution with Rs 22.83 arba in paid-up value

Wed, Jul 13, 2022 8:04 AM on Latest, Corporate,

Nabil Bank started a joint transaction from Asar 28, 2079 after a successful acquisition of Nepal Bangladesh Bank.

The inaugural event was kickstarted amid a program that was also attended by Chief Secretary Mr. Sankar Das Bairagi, Chairman of the bank Mr. Upendra Prasad Paudel, and VP Mr. Nirwan Chaudhari, as per the media statement.

After the acquisition, Nabil Bank now has Rs 22.83 arba as paid-up capital, 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, as per the media statement.