Milestone in Mergers

December 8, 2019 11:48 am

Global IME Bank Limited started its integrated operation on Friday after the successful merger with Janata Bank Limited. This biggest merger has propelled the Global IME Bank to the top among 27 commercial banks in terms of capital, deposit and loans. With this achievement of Global IME Bank, Nepal Rastra Bank (NRB) officials seem to be happy as they have been pushing for the merger of commercial banks for the past few years.

KATHMANDU, Nov 17: Minister for Finance Yuba Raj Khatiwada has said that the government has been making every effort to bring impunity in the banking sector at zero level.

KATHMANDU, Aug 25: The once ailing government-owned commercial bank, Rastriya Banijya Bank Ltd (RBB), has now become the highest profit earner in the banking sector.