Pokhara Finance Limited Initiates Merger Process with Leading Commercial Bank

Pokhara Finance Limited, based in Pokhara, is moving forward with a merger process. The company is in discussions with a leading commercial bank in Malak to merge, aiming to enhance financial services for customers and provide higher returns for shareholders. The finance department has not yet disclosed specific details.

Established in 2053, Pokhara Finance is a well-established institution in the Pokhara region, offering services through 25 branch offices across various districts, including Kaski, Chitwan, Gorkha, and Kathmandu. It currently reports a repayment of Rs. 1.8 Arba, deposits of Rs. 11 Arba, and loans exceeding Rs. 8 Arba.