Womi & Nagarik Laghubitta Merger receive final approval from NRB

November 24, 2019 | Investopaper

The merger of Womi Laghubitta and Nagarik Laghubitta has received the final nod from Nepal Rastra Bank (NRB).  The central bank provided the approval on Mangsir 6, 2076.

Womi & Nagarik Laghubitta had signed the merger agreement on Falgun 24, 2076.

The merger agreement between Womi & Nagarik Laghubitta was the first in the microfinance sector.

Both the microfinance have approved the merger from their respective Special General Meeting (SGM).


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