Kathmandu, Jan 24
International Leasing and Finance Company Limited (ILFC) and Shree Investment and Finance Company are all set to merger with Bank of Kathmandu (Bok), according to a media report.
All the three BFIs have decided to formally seek the central bank’s approval for the merger as they have more or less completed all the internal procedures for the merger, according to Naya Patrika daily.
International Leasing and Finance Company Limited (ILFC) and Shree Investment and Finance Company are all set to merger with Bank of Kathmandu (Bok), according to a media report.
All the three BFIs have decided to formally seek the central bank’s approval for the merger as they have more or less completed all the internal procedures for the merger, according to Naya Patrika daily.
According to sources, the three BFIs have also agreed on the swap ratio: 50 percent for
