Merger Press Release
29 Sep, 2019
NMB Bank has commenced joint operations with Om Development Bank Limited from 11 Aswin 2076. Post-merger, the bank’s paid up capital has reached 11.53 billion and the reserve fund has reached 8.32 billion, with the bank’s core capital worth 20.15 billion. The merged unit is called “NMB Bank” and its Head Office remains at Babarmahal, Kathmandu.
Post-merger, NMB Bank will provide service through a total of 163 branch networks with 44 branch networks in Province 3, 39 branch networks in Gandaki Province and 29 branch networks in Province 5. The bank will have128 ATMs and 5 extension counters in operation.
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