Money

RBB acquires NIDC to become 2nd largest bank

Rastriya Banijya Bank (RBB) completed the acquisition of NIDC Development Bank on Wednesday to become the second largest commercial bank in Nepal. State-owned RBB now has a paid-up capital of more than Rs9 billion. Its total deposit collection has reached Rs154.17 billion while loans amount to Rs115.73 billion. RBB maintains a networkof 191 branches across the country. RBB acquires NIDC to become 2nd largest bank
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Published at : May 3, 2018
Updated at : May 3, 2018 09:33
Kathmandu

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