Sabaiko Laghubitta and Sadhana Laghubitta Receive Final Approval From NRB for Merger

Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) and Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL) have officially received final approval for their merger from Nepal Rastra Bank (NRB).

According to a notice published on NEPSE, the NRB issued a letter dated Jestha 29 granting final approval for the merger between the two microfinance institutions.

SABSL and SDLBSL had initially signed a Memorandum of Understanding (MoU) for the merger on Bhadra 15, 2080. SABSL's total paid-up capital stands at Rs. 31.86 crores, while SDLBSL's paid-up capital is Rs. 38.22 crores.

As of writing, the last trading price of the SABSL and SDLBSL is Rs. 1,111.00 and Rs. 1,086.50, respectively.