Nabil Investment Banking Successfully Acquires Nepal Bangladesh Capital | Joint Operation From Poush 1
December 16, 2022 | Investopaper
After the successful acquisition of Nepal Bangladesh Bank by Nabil Bank Limited, the subsidiary companies of both banks have completed the acquisition. Nabil Investment Banking Limited, the subsidiary company of Nabil Bank Limited has successfully acquired Nepal Bangladesh Capital Limited, the subsidiary company of Nepal Bangladesh Bank.
The joint operation will commence from Poush 1, 2079 BS. The company will operate in the name of ‘Nabil Investment Banking Limited’ after the acquisition.
Previously, Nabil Bank acquired Nepal Bangladesh Bank at share swap ratio of 100:43 and commenced integrated transaction from Ashad 27, 2079 BS.
Nabil Investment Banking Limited is a licensed merchant banker from the Securities Board of Nepal. It provides various services such as Issue Management, Security Underwriting, Registrar to the Shares (RTS), Depository Participant (DP), and Portfolio Management Services.
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