Best Finance and Synergy Finance to start joint transaction from August 2

Jul 18, 2018 Merolagani

Best Finance and Synergy Finance are set to start a joint transaction from August 2. According to the company, Nepal Rastra Bank (NRB) okayed acquisition of Synergy Finance by Best Finance on July 2.

The joint entity will be called Best Finance Company Ltd, headquartered at the corporate office of Synergy Finance at Kamaladi.

 For that matter, both companies will shut down all banking transaction on August 1 for integrating data in banking software.

The acquisition proposal was endorsed by AGMs of both companies on April 7.

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