NEPSE lists 7.20 crore units shares of Global IME Bank after conversion of Janata Bank's shares

Wed, Jan 15, 2020 4:29 PM on Latest, Share Listed, Stock Market,

Nepal stock exchange (NEPSE) has listed 7.20 crore units shares of Global IME Bank (GBIME).

The bank had merged with Janata Bank (JBNL) at a swap ratio of 100:85.

Global IME Bank (GBIME) started joint operation after the merger with Janata Bank (JBNL) from Mangsir 20, 2076. Global IME had acquired Hathaway Finance before Janata Bank at a swap ratio of 1:0.42 and the swap ratio with Janata Bank was at 1:0.85.