March 15, 2019 | Investopaper
Global IME Bank and Hathway Finance have entered into acquisition agreement. As informed on Nepal Stock Exchange (Nepse), Hathway finance will be acquired by Global IME Bank. The two banking institutions signed the letter of Memorandum of Understanding(MOU) on Falgun 30, 2075.
The trading of Hathway finance is halted by NEPSE from Chaitra 1, 2075.
Global IME Bank has already merged or acquired several financial institutions including Commertz and Trust Bank.