NIBL Capital Markets & Ace Capital joint transaction to start from Magh 28 as NIBL Ace Capital; to be the largest Merchant Banker

SEBON had given final approval for the merger of NIBL Capital Markets Limited and Ace Capital Limited on Magh 11, 2074. The joint transaction of both development banks will start from Magh 28, 2074. The merged entity will be named as NIBL Ace Capital Limited and will start the integrated business. The merged entity will publish combined quarterly report from the upcoming quarter after their joint operation. After the merger, the registrar office of the bank will be in Lazimpat, Kathmandu. Notice