NCC Bank & 4 other dev. banks commencing joint transaction as Nepal Credit and Commerce Bank from today

Nepal Rastra Bank had given the final approval for the merger of Infrastructure Development Bank, Apex Development Bank, Supreme Development Bank and International Development Bank Limited with Nepal Credit and Commerce Bank Limited on Mangsir 20, 2073. The joint operation of these five banks is starting from today (Poush 17, 2073). The new entity is named “Nepal Credit and Commerce Bank Limited”, and is starting the integrated business from the first day of 2017 itself.