Merger & Acquistion

S.No Name of Companies Company Name (After Mergerd) Sector Action Swap Ratio Trading Final Approval Date Joint Transaction Date
1 Rastriya Banijya Bank Limited and NIDC Development Bank Limited Rastriya Banijya Bank Limited Non Category Merger 1:1 No 2018-04-05 2018-05-02
2 NIBL Capital Markets Limited and Ace Capital Limited NIBL Ace Capital Limited Merchant Bank Merger 1:01 No 2018-01-25 2018-02-11
3 Global IME Capital Limited and Reliable Capital Limited Global IME Capital Limited Merchant Bank Acquistion No 0000-00-00 2018-01-15
4 Century Commercial Bank Limited & Seti Finance Limited Century Commercial Bank Limited Commercial Bank Acquistion 100:70 Yes 2017-11-20 2017-12-08
5 Century Commercial Bank Limited & Alpine Development Bank Limited Century Commercial Bank Limited Commercial Bank Acquistion 100:93 Yes 2017-11-20 2017-12-08
6 Deva Bikas Bank Limited, Sajha Bikas Bank Limited and Union Finance Limited Deva Bikas Bank Limited Development Bank Acquistion 01:00.5 Yes 2017-10-10 2017-11-09
7 Jyoti Bikas Bank Limited and Raptibheri Bikas Bank Limited Jyoti Bikash Bank Limited Development Bank Acquistion 1:01 Yes 2017-10-10 2017-10-25
8 Western Development Bank Limited & Namaste Bittiya Sanstha Limited Western Development Bank Limited Development Bank Merger 1:01 No 2017-09-13 2017-10-15
9 Kamana Bikas Bank Limited and Sewa Bikas Bank Limited Kamana Sewa Bikas Bank Limited Development Bank Merger 1:01 No 0000-00-00 2017-08-06
10 Century Commercial Bank Limited & Sagarmatha Finance Limited Century Commercial Bank Limited Commercial Bank Acquistion 100:95 Yes 2017-07-10 2017-07-15
11 Shangrila Development Bank Ltd. & Cosmos Development Bank Ltd. Shangrila Development Bank Limited Development Bank Acquistion 1:01 Yes 0000-00-00 2017-07-14
12 Janata Bank Nepal Ltd. & Siddhartha Development Bank Ltd. Janata Bank Nepal Limited Commercial Bank Acquistion 1:01 Yes 0000-00-00 2017-07-14
13 Global IME Bank Limited and Reliable Development Bank Limited Global IME Bank Limited Commercial Bank Acquistion 100:82.9 Yes 0000-00-00 2017-07-09
14 Nepal Investment Bank Ltd. & Ace Development Bank Ltd. Nepal Investment Bank Limited Commercial Bank Acquistion 100:41:00 Yes 0000-00-00 2017-07-13
15 Civil Bank Limited & Unique Finance Limited Civil Bank Limited Commercial Bank Acquistion 100:90 Yes 2017-06-15 2017-07-02
16 Civil Bank Limited & Hama Merchant and Finance Limited Civil Bank Limited Commercial Bank Acquistion 100:89 Yes 2017-06-15 2017-07-02
17 Gandaki Bikas Bank and Fewa Bikas Bank Gandaki Bikas Bank Limited Development Bank Merger 1:01 No 0000-00-00 2017-07-05
18 Mahalaxmi Bikas Bank Ltd. & Yeti Development Bank Ltd. Mahalaxmi Bikas Bank Limited Development Bank Merger 1:01 Yes 0000-00-00 2017-07-02
19 Om Development Bank Limited & Manaslu Bikas Bank Limited Om Development Bank Limited Development Bank Merger 100:92 No 2017-05-31 2017-06-16
20 Century Commercial Bank Limited, Innovative Development Bank Limited & Araniko Development Bank Limited Century Commercial Bank Limited Commercial Bank Acquistion 100:85:90 Yes 2017-05-31 2017-06-11
21 Prime Commercial Bank Ltd. & Biratlaxmi Bikash Bank Ltd. & Country Development Bank Ltd. Prime Commercial Bank Limited Commercial Bank Acquistion 100:75:40 Yes 2017-04-03 2017-04-30
22 Janata Bank Nepal Limited and Triveni Bikas Bank Limited Janata Bank Nepal Limited Commercial Bank Merger 1:01 No 0000-00-00 2017-04-07
23 Bhaktapur Finance Company Ltd. & Central Finance Ltd. Central Finance Limited Finance Acquistion 1:1 No 2017-03-05 2017-03-23
24 Global IME Bank Ltd. & Pacific Development Bank Ltd. Global IME Bank Limited Commercial Bank Acquistion 100:69.26 Yes 0000-00-00 2017-02-12
25 Sunrise Bank Ltd. & NIDC Capital Market Ltd. Sunrise Bank Limited Commercial Bank Acquistion 100:65 Yes 2017-01-26 2017-02-10
26 Lumbini Finance & Leasing Company Limited and Vibor Society Development Bank Limited Lumbini Bikas Bank Limited Development Bank Merger 100:80 No 0000-00-00 2017-07-09
27 Shree Investment and Finance Company Ltd. & Everest Finance Ltd. Shree Investment Finance Company Limited Finance Merger 100:65 No 2017-01-06 2017-02-01
28 Tourism Development Bank Ltd., Matribhumi Bikas Bank Ltd. & Kalinchowk Development Bank Ltd. Tourism Development Bank Limited Development Bank Acquistion 100:92:77 Yes 2016-12-24 2017-01-08
29 Sanima Bank Ltd. & Bagmati Development Bank Ltd. Sanima Bank Limited Commercial Bank Acquistion 100:41:00 Yes 2016-12-16 2017-01-13
30 Laxmi Bank Ltd. & Professional Diyalo Development Bank Ltd. Laxmi Bank Limited Commercial Bank Acquistion 100:50:00 Yes 2016-12-26 2017-01-15
31 NCC Bank Ltd. & Infrastructure Development Bank Ltd. & Apex Development Bank Ltd. & Supreme Development Bank Ltd. & International Development Bank Ltd. Nepal Credit & Commercial Bank Limited Commercial Bank Merger 100 : 76 : 47 : 77 : 72 No 2016-12-05 2017-01-01
32 Civil Bank Limited & International Leasing & Finance Company Limited Civil Bank Limited Commercial Bank Acquistion 1:0.74.72 Yes 2016-09-27 2016-10-17
33 Vibor Bikas Bank Ltd. & Society Development Ltd. Vibor Society Development Bank Limited Merged Merger 1:01 Yes 2016-08-24 2016-09-02
34 Garima Bikas Bank Ltd. & Subekshya Bikash Bank Ltd. Garima Bikas Bank Limited Development Bank Merger 1:01 Yes 2016-09-09 2016-09-20
35 Kumari Bank Limited, Kasthamandap Development Bank Limited, Mahakali Bikash Bank Limited, Kakrebihar Bikash Bank Limited & Paschimanchal Finance Limited Kumari Bank Limited Commercial Bank Acquistion 100:85:85:85 Yes 0000-00-00 2017-06-26
36 Bank of Kathmandu Ltd. & Lumbini Bank Ltd. Bank of Kathmandu Limited Commercial Bank Merger 01:00.8 Yes 2016-07-08 2016-07-14
37 Malika Bikas Bank Limited & Mahalaxmi Finance Limited & Siddhartha Finance Limited Mahalaxmi Bikas Bank Limited Development Bank Merger 1:01:01 No 2016-08-17 2016-09-04
38 Citizens Bank International Limited & Premier Finance Limited Citizens Bank International Limited Commercial Bank Acquistion 100:28:00 Yes 2016-07-04 2016-07-17
39 Siddhartha Bank Limited & Business Universal Development Limited Siddhartha Bank Limited Commercial Bank Merger 100:55:00 Yes 2016-06-05 2016-06-21
40 City Development Ltd. & Om Finance Ltd. Om Development Bank Limited Development Bank Merger 95.90107 : 104.62696 Yes 2016-03-16 2016-04-04
41 Sagarmatha Merchant & Finance Company Ltd. & Patan Finance Ltd. Sagarmatha Finance Limited Merged Merger 100:50:00 Yes 2015-07-09 2015-07-16
42 Citizens Bank International Limited & Nepal Housing and Merchant Finance Limited & Peoples Finance Limited Citizens Bank International Limited Commercial Bank Acquistion 100:40:00 Yes 2015-04-09 2015-05-08
43 NDEP Development Bank Limited & Rising Development Bank Limited Deva Bikas Bank Limited Development Bank Merger 1:01 No 2015-07-02 2015-07-10
44 Biratlaxmi Bikash Bank Limited & Khadbari Development Limited Biratlaxmi Bikash Bank Limited Merged Merger 100:75 No 2014-04-06 2014-05-17
45 Laxmi Bank Limited & Hisef Finance Limited Laxmi Bank Limited Commercial Bank Merger 1:01 Yes 2004-04-02 2004-07-26
46 Nepal Bangladesh Bank Limited & Nepal Bangladesh Finance limited Nepal Bangladesh Bank Limited Commercial Bank Merger 2:01 Yes 0000-00-00 2007-09-18
47 Narayani Finance Limited & National Finance limited Narayani National Finance Company Limited Merged Merger 1:01 No 0000-00-00 2010-11-01
48 Nepal Bangladesh Bank Limited & Nepal Srilanka Merchant Finance Limited Nepal Bangladesh Bank Limited Commercial Bank Merger 2:01 Yes 2011-01-02 2011-01-23
49 Himchuli Bikash Bank Limited & Birgunj Finance Limited Merger 1:01 No 0000-00-00 2011-06-15
50 Kasthamandap Development Limited & Shikhar Finance Limited Kasthamandap Development Bank Limited Merged Merger 1:01 Yes 2012-03-12 2012-04-13
51 Infrastructure Development Limited & Swastik Merchant Finance Limited Infrastructure Development Bank Limited Merged Merger 1:01 No 2012-06-11 2012-07-10
52 Business Development Limited & Universal Finance Limited Business Universal Development Bank Limited Merged Merger 1:01 No 2012-02-13 2012-04-04
53 Annapurna Development Limited & Sudarshan Finance Limited Merger 1:01 No 2012-07-08 2012-07-13
54 Macchapuchhre Bank Limited & Standard Finance Limited Machhapuchchhre Bank Limited Commercial Bank Merger 01:00.8 Yes 2012-06-25 2012-07-09
55 Global Bank Limited & IME Finance Limited & Loard Budha Finance Ltd. Global IME Bank Limited Commercial Bank Merger 1 :079 :0.7 Yes 2012-06-25 2012-07-09
56 Pashupati Development Limited & Udham Bikash Bank Limited Axis Development Bank Limited Merged Merger 1:01 No 2012-07-08 2012-07-13
57 Vibor Bikash Bank Limited & Bhajuratna Finanace Limited Vibor Bikas Bank Limited Merged Merger 01:01.2 No 2012-08-13 2012-09-02
58 Butwal Finance Limited & Alpic Everest Finance Limited & CMB Finance Limited Synergy Finance Limited Finance Merger 1.20 :1.10 :0.88 Yes 2012-11-07 2012-12-06
59 Shine Devlopment Bank Limited & Resunga Bikash bank Limited Shine Resunga Development Bank Limited Development Bank Merger 1:01 Yes 2013-04-26 2013-06-30
60 Prudential Finance Company Limited & Gorkha Finance Limited Merger 1:01 No 2013-02-20 2013-03-18
61 NIC Bank Limited & Bank of Asia Nepal Limited NIC Asia Bank Limited Commercial Bank Merger 100:50:00 Yes 2013-04-26 2013-06-30
62 Diyalo Bikash Bank Limited & Professinal Development Limited Professional Diyalo Bikas Bank Limited Merged Merger 1:01 Yes 2013-06-17 2013-06-30
63 Arniko Development Limited & Surya Development limited Araniko Development Bank Limited Merged Merger 01:00.9 No 2013-07-04 2013-07-14
64 Royal Merchant Banking and Finance Limited & Rara Bikash Bank Limited & Api Finance Limited Apex Development Bank Limited Merged Merger 1:1:1 No 2013-07-09 2013-07-15
65 Global IME Bank Limited & Social Development Limited & Gulmi Bikash Bank Limited Global IME Bank Limited Commercial Bank Merger 1 :0.40 :0.50 Yes 2013-07-09 2013-07-14
66 Prabhu Finance Limited & Sambridhi Bikash Bank Limited & Baibhav Finance Limited Prabhu Bank Limited Commercial Bank Merger 1 :0.75 :0.57 No 2013-07-09 2013-07-14
67 Manakamana Development Limited & Yeti Finance Limited & Valley Finance Limited Yeti Development Bank Limited Merged Merger 1:01:01 Yes 2013-07-15 2013-07-15
68 Global IME Bank Limited & Commerz & Trust Bank Limited Global IME Bank Limited Commercial Bank Merger 01:00.7 Yes 2014-04-03 2014-04-09
69 Reliable Finance Limited & Subhalaxmi Finance Limited & Nepal Consumer Development Limited Reliable Development Bank Limited Merged Merger 1.127 :0.89 :0.94 Yes 2014-04-04 2014-04-16
70 Reliance Finance limited & lotus Investment Finance Limited Reliance Finance Limited Finance Merger 1:01 Yes 2014-04-04 2014-05-08
71 Siddhartha Finance Limited & Imperial Finance Limited Siddhartha Finance Limited Merged Merger 1:01 Yes 2014-04-04 2014-05-08
72 Civil Bank Limited & Axis Development limited & Civil Merchant Bitiya Sanstha Limited Civil Bank Limited Commercial Bank Merger 1 :0.79 :0.79 No 2014-04-06 2014-04-14
73 Shangrila Development Limited & Bageswori Bikash Bank Limited Shangrila Development Bank Limited Development Bank Merger 1:01 Yes 2013-06-13 2014-07-13
74 Lumbini Bank Limited & Navadurga Finance Company Limited Lumbini Bank Limited Merged Merger 1:01 No 2014-06-18 2014-06-29
75 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 Grameen Bikas Laghubitta Bittiya Sanstha Limited Microfinance Merger 0.0102 :0.0118 :2.7580 :0.7778 :0.1020 Yes 2014-07-03 2014-08-15
76 Kist Bank Ltd. & Prabhu Bikash Bank Ltd.& Gaurishankar Development Ltd.& Zenith Finance Ltd. Prabhu Bank Limited Commercial Bank Merger 97.31 :107.31 :107.31 :92.31 Yes 2014-08-06 2014-09-15
77 Triveni Bikash Bank Ltd. & Public Development Ltd. & Bright Development Ltd Triveni Bikas Bank Limited Merged Merger 1.04 :0.95 :0.95 Yes 2015-04-23 2015-06-01
78 Biswo Bikash Bank Ltd.&Fewa Finance Ltd. Fewa Bikas Bank Limited Merged Merger 1:01 No 2015-07-02 2015-07-13
79 Garima Bikas Bank Ltd. &Nilgiri Bikas Bank Ltd Garima Bikas Bank Limited Development Bank Merger 1:01 Yes 2015-07-09 2016-07-13
80 Muktinath Bikas Bank Ltd. & Civic Development Ltd. Muktinath Bikas Bank Limited Development Bank Acquistion 01:00.9 Yes 2015-07-09 2015-07-15
81 NMB Bank Ltd. & Pathibhara Bikas Bank Ltd. & Bhrikuti Bikas Bank Ltd. &Clean Energy Development Ltd. & Prudential Finance Co Ltd. NMB Bank Limited Commercial Bank Merger 1 :0.67 :0.87 :0.75 :0.43 Yes 2015-09-23 2015-10-18
82 Prabhu Bank Ltd.& Grand Bank Nepal Ltd. Prabhu Bank Limited Commercial Bank Merger 121.45 :65.58 Yes 2016-01-29 2016-02-12
83 Gorkha Bikas Bank (Nepal) Ltd. & Kathmandu Finance Ltd. Gorkha Finance Limited Merged Merger 1:01 Yes 2016-03-16 2016-04-10
84 Mega Bank Nepal Ltd. & Paschimanchal Development Ltd. Mega Bank Nepal Limited Commercial Bank Merger 104.25:67 Yes 2016-04-12 2016-04-25
85 Kailash Bikash Bank Ltd. & Metro Development Ltd. & Nepal Express Finance Ltd. © Kailash Bikas Bank Limited Development Bank Merger 1 :0.87 :0.85 Yes 2015-05-18 2016-05-30
86 Siddhartha Development Ltd. & Ekata Bikas Bank Ltd. & Nepal Awas Finance Ltd. © Siddhartha Development Bank Limited Merged Merger 1:01:01 Yes 2016-05-26 2016-06-10
87 Shine Resunga Development Ltd. & Gaumukhi Bikas Bank Ltd. Shine Resunga Development Bank Limited Development Bank Merger 01:00.9 Yes 2016-05-26 2016-06-10
88 Kamana Bikas Bank Ltd. & Kaski Finance Ltd. Kamana Bikas Bank Limited Merged Acquistion 1:1 Yes 2016-06-02 2016-06-20
89 Sunrise Bank Ltd. & Narayani National Finance Ltd. Sunrise Bank Limited Commercial Bank Acquistion 01:00.8 Yes 2016-07-03 2016-07-14
90 Jyoti Bikas Bank Ltd. & Jhimruk Bikash Bank Ltd. Jyoti Bikash Bank Limited Development Bank Merger 1:01 Yes 2016-08-01 2016-08-12
S.No Name of Companies Company Name (After Mergerd) Action Swap Ratio Trading MOU Date
1 Best Finance Company Limited and Synergy Finance Limited Best Finance Company Limited (former General Finance) Acquistion 1:1 Yes
2 Deva Bikas Bank Limited & Sahara Bikas Bank Limited Deva Bikas Bank Limited Acquistion Yes 2017-06-09
3 Kabeli Bikas Bank Limited & Mount Makalu Development Bank Limited Kabeli Bikas Bank Limited Acquistion 100:88 Yes 2017-05-14
4 Mega Bank Nepal Ltd. & Tourism Development Bank Ltd. Mega Bank Nepal Limited Merger 100:95 No 2017-01-19