KATHMANDU, June 23: The much-awaited unification of Nabil Bank and Nepal Bangladesh Bank (NBB) has hung in the balance after a rift surfaced in the settlement of human resources of these two entities after Nabil acquired NBB.
KATHMANDU, May 21: Nabil Bank has received approval from its shareholders for acquisition of Nepal Bangladesh Bank (NBB) after the special annual general meeting held on Saturday endorsed the proposal.
KATHMANDU, March 3: Nepal Rastra Bank (NRB) has paved the way for Nabil Bank to officially acquire Nepal Bangladesh Bank (NBB) by principally agreeing on the unification of the two financial institutions.
KATHMANDU, June 28: Nepal Rastra Bank (NRB) has sought commitments from the commercial banks for their readiness to go for 'big' merger and acquisition (M&A) in line with the announcement made in the budget speech for the upcoming fiscal year 2019/20.
KATHMANDU, March 2: The construction of Mulpani International Cricket Stadium which started a decade ago will take at least three more years if everything goes smoothly. However, the second phase work of the under-construction stadium has been obstructed due to land acquisition issue and it may be delayed further if the issue is not solved. Unfortunately, there are no good signs that the construction will finish on time.