Kathmandu, 5 December : Global IME Bank and Janata Bank are all set to commence a joint transaction from tomorrow. The banks are going for the joint transaction after Nepal Rastra Bank gave go-ahead for the merger.
After the merger, Global IME Bank will be the bank with the largest paid-up capital. The bank will have a paid-up capital of Rs 19 billion. Currently, paid-up capitals of Global IME Bank and Janata Bank stand at Rs 10.31 billion and Rs 8.08 billion respectively.
People’s News Monitoring Service
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