KATHMANDU: Global IME Bank and Bank of Kathmandu (BoK) are all set to merge. An agreement on merger was reached between the two banks at Yak & Yati Hotel on Thursday morning.
The two banks have agreed to merge on an equal footing. The merger agreement has been signed by Global IME Bank Chairman Chandra Prasad Dhakal and Bank of Kathmandu Chairman Prakash Shrestha.
The merger agreement was reached between the two banks after the Nepal Rastra Bank announced that it would not provide any facility if banks do not ink merger agreement within mid-July.
Earlier, a merger agreement was reached between Nepal Investment Bank Limited and Mega Bank.
Brango Online Casino has quickly garnered attention in the online gaming community due to its extensive selection of games and user-friendly interface. As a fresh entrant in the digital casino scene, it offers players an exceptional gaming experience, featuring everything from classic table games to an impressive array of slots. One of Brango’s standout features is its generous welcome bonus, which is designed to attract new players and keep them engaged.
Additionally, the casino boasts a seamless mobile experience, allowing users to enjoy their favorite games on the go. The live dealer section is particularly noteworthy, providing an immersive experience akin to being in a physical casino. For those seeking valuable insights and resources on online gambling, check out https://joltcafe.co.nz/, which offers reviews, tips, and the latest industry news.
In terms of security, Brango Online Casino employs advanced encryption technology to protect players’ data, ensuring a safe gaming environment. Overall, Brango stands out as a reliable choice for both novice and seasoned players alike, making it a casino worth exploring.
The merged entity between Global IME Bank and Bank of Kathmandu will be called Global IME BoK Bank. Ratna Raj Bajracharya of Global IME Bank will continue as the chief executive of the new bank.
With the merger, the bank’s paid-up capital will reach Rs 34.41 billion. In terms of capital, the bank will be the largest bank in the country after the merger.