Trading of more than one third commercial banks halted as they continue with merger process
The new requirement from the Nepal Rastra Bank to hike paid up capital has forced Bank and Financial Institutions (BFIs) to go into Merger and Acquisition (M&A) process. The merger process of BFIs has halted the trading of their respective stock in the secondary market. Trading of 11 commercial banks has been halted due to ongoing merger process.
Following is the list of commercial banks that have entered into merger process as of January 31, 2016:
Following is the list of commercial banks that have NOT entered into Merger process as of January 31, 2016:
