Nepal Investment Bank Limited has decided to acquire Jebils Finance Limited.
As per notice published in the Nepse, board meeting to the bank held on 26 Falgun 2075 has decided to acquire Jebils Finane and signed memorandum of understanding (MOU).
Currently, Paid up capital of Jebils finance is Rs.80.38 crore and paid up capital of Nepal Investment Bank is Rs.12.58 crore.
Currently, Nepal investment bank have 98 branches, 9 extension counter, 49 branches less banking, 111 ATM, etc.
Swap ratio will be finalized after the completion of Due diligence Audit (DDA).
