Prime Commercial Bank begins joint operation after acquiring Kailash Bikas Bank; new entity to become bigger and better with exponential growth in all indicators

Fri, Mar 13, 2020 12:19 AM on Corporate, Featured,

Prime Commercial Bank has formally begun a joint operation after successfully completing the acquisition process of Kailas Bikash Bank on Falgun 29, 2076.

The joint operation event was marked by the presence of chairman of the joint entity Mr. Rajendra Das Shrestha, CEOs and Bods of both the former banks, as per the media statement.

Following the acquisition, the paid up capital of the bank has scaled up to Rs 13.98 arba, deposit collection figure of Rs 130 arba, loans of Rs 114 arba, and 200 branches throughout the nation.