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Kathmandu District Court bars IFIC from selling its NBB’s shares to Chaudhary Group
January 12, 2022 19:10 pm
KATHMANDU, Jan 12: The Kathmandu District Court (KDC) on Wednesday issued a verdict barring Nepal Bangladesh Bank (NBB) from selling the promoter shares of its foreign partner, IFIC Bank Limited, Bangladesh, to Chaudhary Group of Nepal.
Bangladeshi IFIC Bank making exit from Nepal Bangladesh Bank
July 13, 2021 19:20 pm
KATHMANDU, July 13: Nepal Bangladesh Bank (NBB) is witnessing the exit of its foreign partner IFIC Bank Limited, Bangladesh, as the latter has stepped up efforts to sell its share investment in the joint-venture bank.
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