NCHL Finalizes Acquisition of NEPS to Boost Digital Payment Services

Nepal Clearing House Limited (NCHL) conducted a special general meeting where it finalized the acquisition of Nepal Electronic Payment Systems Limited (NEPS).

The meeting concluded with a swap ratio of 1:0.28, where 100 shares of NEPS are equivalent to 28 shares of NCHL. The acquisition was approved after meeting all regulatory requirements set by Nepal Rastra Bank, the company registrar, and other relevant authorities.

This move is aimed at enhancing NCHL's service offerings and expanding its digital payment infrastructure. The integration is expected to strengthen both entities by combining their systems, infrastructures, and business capabilities, making them more competitive and efficient.

The acquisition aligns with the digital and financial strategic goals set by the Government of Nepal and Nepal Rastra Bank.