Two microfinance companies to merge, signing completed

Bajarko Chirfar
Bajarko Chirfar
2082 Chaitra 15
Two microfinance companies to merge, signing completed

Jeevan Bikash Laghubitta, headquartered at Katari Rural Municipality, Ward No. 2, Morang, and Unique Nepal Laghubitta, headquartered at Kohalpur Municipality, Ward No. 11, Banke, have agreed to merge. A memorandum of understanding formalizing the merger was signed on Chaitra 14, 2082.

In accordance with the regulations of the Nepal Securities Board, the trading of shares of both institutions’ existing shareholders has been temporarily suspended until the respective general assemblies approve the merger and other corporate procedures are completed.


This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.


 

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