Merger/Acquisition Of Microfinance Companies In Nepal
August 22, 2023 | Investopaper
The microfinance sector in Nepal is undergoing a significant transformation as a series of mergers and acquisitions reshape the industry landscape. With the wave of Merger and Acquisition (M/A) in the A, B, and C class financial institutions, ‘D’ class microfinance companies have also joined the merger movement. Nepal Rastra Bank, the central bank of Nepal is looking forward to reducing the number of microfinance as well. As of Jestha’s end 2080 BS, there are 63 microfinance institutions in Nepal.
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Following NRB directives, several microfinance companies have entered into M/A with other ‘D’ class institutions. Until now, 82 microfinance companies in Nepal have successfully completed merger/acquisition and formed 38 micro-financial institutions. The number of microfinance companies will further decline as other M/A cases arise.
Successful Merger/Acquisition Of Microfinance Companies In Nepal
The table below presents the list of microfinance companies that have successfully completed M/A and commenced joint operation.
| S.N. | Microfinance Companies | Merger/
Acquisition |
Name Of Company After Merger/Acquisition |
| 1 | Asha Laghubitta Bittiya Sanstha Limited and Rastra Utthan Laghubitta Bittiya Sanstha Limited | Acquisition | Asha Laghubitta Bittiya Sanstha Limited |
| 2 | Naya Sarathi Laghubitta Bittiya Sanstha Limited and Vijaya Laghubitta Bittiya Sanstha Limited | Merger | Vijaya Laghubitta Bittiya Sanstha Limited |
| 3 | Dhaulagiri Laghubitta Bittiya Sanstha Limited and Khaptad Laghubitta Bittiya Sanstha Limited | Merger | Dhaulagiri Laghubitta Bittiya Sanstha Limited |
| 4 | National Microfinance Laghubitta Bittiya Sanstha Limited and Summit Laghubitta Bittiya Sanstha Limited | Merger | National Laghubitta Bittiya Sanstha Limited |
| 5 | Deprosc Laghubitta Bittiya Sanstha Limited and Adarsha Laghubitta Bittiya Sanstha Limited. | Acquisition | Deprosc Laghubitta Bittiya Sanstha Limited |
| 6 | Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited and RMDC Laghubitta Bittiya Sanstha Limited | Merger | Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited |
| 7 | CYC Nepal Laghubitta Bittiya Sanstha Limited and Adhikhola Laghubitta Bittiya Sanstha Limited | Merger | CYC Nepal Laghubitta Bittiya Sanstha Limited |
| 8 | Mirmire Laghubitta Bittiya Sanstha Limited and Buddha Jyoti Laghubitta Bittiya Sanstha Limited | Acquisition | Mirmire Laghubitta Bittiya Sanstha Limited |
| 9 | Ghodighoda Laghubitta Bittiya Sanstha Limited and Unique Nepal Laghubitta Bittiya Sanstha Limited | Merger | Unique Nepal Laghubitta Bittiya Sanstha Limited |
| 10 | Aarambha Chautari Laghubitta Bittiya Sanstha Limited and Deurali Laghubitta Bittiya Sanstha Limited | Acquisition | Aarambha Chautari Laghubitta Bittiya Sanstha Limited |
| 11 | Womi Laghubitta Bittiya Sanstha Limited and Suryodaya Laghubitta Bittiya Sanstha Limited | Merger | Suryodaya Womi Laghubitta Bittiya Sanstha Limited |
| 12 | CYC Nepal Laghubitta Bittiya Sanstha Limited and Shaligram Laghubitta Bittiya Sanstha Limited | Acquisition | CYC Nepal Laghubitta Bittiya Sanstha Limited |
| 13 | Global IME Laghubitta Bittiya Sanstha Limited and Sparsha Laghubitta Bittiya Sanstha Limited | Acquisition | Global IME Laghubitta Bittiya Sanstha Limited |
| 14 | Samata Laghubitta Bittiya Sanstha Limited and Gharelu Laghubitta Bittiya Sanstha Limited | Merger | Samata Gharelu Laghubitta Bittiya Sanstha Limited |
| 15 | Infinity Laghubitta Bittiya Sanstha Limited and Nepal Agro Laghubitta Bittiya Sanstha Limited | Acquisition | Infinity Laghubitta Bittiya Sanstha Limited |
| 16 | National Microfinance Laghubitta Bittiya Sanstha Limited and Mahila Sahayatra Laghubitta Bittiya Sanstha Limited | Acquisition | National Microfinance Laghubitta Bittiya Sanstha Limited |
| 17 | Womi Laghubitta Bittiya Sanstha Limited and Grameen Swayamsewak Laghubitta Bittiya Sanstha Limited | Merger | Womi Laghubitta Bittiya Sanstha Limited |
| 18 | Swadeshi Laghubitta Bittiya Sanstha Limited and NIC Asia Laghubitta Bittiya Sanstha Limited | Merger | NIC Asia Laghubitta Bittiya Sanstha Limited |
| 19 | Nepal Seva Laghubitta Bittiya Sanstha Limited and WEAN Laghubitta Bittiya Sanstha Limited | Merger | WEAN Laghubitta Bittiya Sanstha Limited |
| 20 | Mahuli Samudayik Laghubitta Bittiya Sanstha Limited and Navkiran Laghubitta Bittiya Sanstha Limited | Acquisition | Mahuli Laghubitta Bittiya Sanstha Limited |
| 21 | Summit Laghubitta Bittiya Sanstha Limited and Sajilo Laghubitta Bittiya Sanstha Limited | Merger | Summit Laghubitta Bittiya Sanstha Limited |
| 22 | Swarojgar Laghubitta Bittiya Sanstha Limited and Janakpur Laghubitta Bittiya Sanstha Limited | Acquisition | Swarojgar Laghubitta Bittiya Sanstha Limited |
| 23 | Naya Nepal Laghubitta Bittiya Sanstha Limited and Sarathi Laghubitta Bittiya Sanstha Limited | Merger | Naya Sarathi Laghubitta Bittiya Sanstha Limited |
| 24 | Smart Laghubitta Bittiya Sanstha Limited and Manakamana Laghubitta Bittiya Sanstha Limited | Merger | Manakamana Smart Laghubitta Bittiya Sanstha Limited |
| 25 | Mirmire Laghubitta Bittiya Sanstha Limited and Cweda Laghubitta Bittiya Sanstha | Acquisition | Mirmire Laghubitta Bittiya Sanstha Limited |
| 26 | Kisan Microfinance Bitttiya Sanstha Limited, NRN Laghubitta Bittiya Sanstha Limited and Dibya Laghubitta Bittiya Sanstha Limited | Merger | Kisan Laghubitta Bitttiya Sanstha Limited |
| 27 | Jeevan Bikas Laghubitta Bittiya Sanstha Limited, Garibi Niunikaran Laghubitta Bittiya Sanstha Limited and Solve Laghubitta Bittiya Sanstha Limited | Merger | Jeevan Bikas Laghubitta Bittiya Sanstha Limited |
| 28 | NRN Laghubitta Bittiya Sanstha Limited, Creative Laghubitta Bittiya Sanstha Limited and Rama Roshan Laghubitta Bittiya Sanstha Limited | Merger | NRN Laghubitta Bittiya Sanstha Limited |
| 29 | Unnati Microfinance Bittiya Sanstha Limited and Sahakarya Laghubitta Bittiya Sanstha Limited | Merger | Unnati Sahakarya Laghubitta Bittiya Sanstha Limited |
| 30 | Suryodaya Laghubitta Bittiya Sanstha Limited and Trilok Laghubitta Bittiya Sanstha Limited | Merger | Suryodaya Laghubitta Bittiya Sanstha Limited |
| 31 | Aarambha Microfinance Bittiya Sanstha Limited and Chautari Laghubitta Bittiya Sanstha Limited | Merger | Aarambha Chautari Laghubitta Bittiya Sanstha Limited |
| 32 | Kalika Laghubitta Bittiya Sanstha Limited and Janasewi Laghubitta Bittiya Sanstha Limited | Merger | Kalika Laghubitta Bittiya Sanstha Limited |
| 33 | Mirmire Laghubitta Bittiya Sanstha Limited, Nagbeli Laghubitta Bikas Bank Limited | Acquisition | Mirmire Laghubitta Bittiya Sanstha Limited |
| 34 | Sarathi Laghubitta Bittiya Sanstha Limited and Satyawoti Laghubitta Bittiya Sanstha Limited | Merger | Sarathi Laghubitta Bittiya Sanstha Limited |
| 35 | Sadhana Laghubitta Bittiya Sanstha Limited and Aarthik Samriddhi Laghubitta Bittiya Sanstha Limited | Acquisition | Sadhana Laghubitta Bittiya Sanstha Limited |
| 36 | Womi Laghubitta Bittiya Sanstha Limited and Nagarik Laghubitta Bittiya Sanstha Limited | Merger | Womi Laghubitta Bittiya Sanstha Limited |
| 37 | Purwanchal Grameen Bikash Bank Limited & Madyamanchal Grameen Bikash Bank Limited & Paschimanchal Grameen Bikash Bank Limited & Madya Paschimanchal Grameen Bikash Bank Limited & Sudur Paschimanchal Grameen Bikash Bank Limited | Merger | Grameen Bikas Laghubitta Bittiya Sanstha Limited |
| 38 | Jalpa Laghubitta and Mahila Samudayik Laghubitta | Acquisition | Jalpa Samudayik Laghubitta Bittiya Sanstha Limited |
Related:
Technical Issues in Bank Merger
History Of Microfinance In Nepal
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