Fri, Apr 19, 2024
Nepal Investment Bank (NIB) is set to acquire Jebils Finance with a swap ratio of 100:33.
Currently, Nepal Investment Bank has a paid-up capital of Rs 12.58 billion while Jebils Finance has a paid-up capital of Rs 838 million. After the acquisition, the paid-up capital of Nepal Investment Bank will increase by Rs 270 million.
Nepal Reinsurance Comapny (NRIC) has announced dividend of the last FY.
