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What Global IME Bank’s big merger may mean for other banks
December 7, 2019 08:05 am
KATHMANDU, Dec 7: After completing the process of merger with Janata Bank Ltd, Global IME Bank Ltd has emerged as the biggest bank in terms of key financial indicators including capital, deposits and assets (loans).
Italy weighs merger plans to safeguard struggling banks
January 19, 2019 11:00 am
Italy is considering merging troubled banks Monte dei Paschi and Banca Carige with healthier rivals such as UBI Banca as it scrambles to avert a new banking crisis, sources familiar with the matter said.
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