Kathmandu, 6 December : Five months after the signing of a memorandum of understanding to merge, two large commercial banks – Global IME Bank and Janata Bank, have merged and begun an integrated transaction from today. The merged bank has been named Global IME Bank and it carries the emblem of erstwhile Global IME Bank. With this merger, the number of commercial banks has dropped to 27. Earlier there were 28 commercial banks.
People’s News Monitoring Service
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