Shangri-La, Bagheshwori share trading resumes following merger

Wed, Aug 27, 2014 12:00 AM on Others,

ShareSansar, August 26:

Trading of stocks of Shangri-La Development Bank Limited (SADBL) and Bagheshwori Development Bank Limited(BBBLN) has resumed at Nepal Stock Exchange Limited (Nepse) has resumed following their merger.

Toward June end, Shangri-La and Bageshwori had received final merger approval from Nepal Rastra Bank.

Following the approval, the merged entity, which has retained the name of Shangri-La Development Bank Limited, had started the integrated business from July 13.