Investment Bank Acquires Jebils Finance; Paid-up Reaches 12.87 Bn

Jun 21, 2019 03:09 PM Merolagani



The special general meeting (SGM) of Nepal Investment Bank (NIB) has endorsed a proposal of acquiring Jebils Finance on June 21. The bank endorsed a proposal to acquire the company on a swap ratio of 100:33.

Currently, Nepal Investment has a paid-up capital of Rs 12.59 billion while Jebils Finance has paid-up capital of Rs 840 million. After the acquisition, the paid-up capital of Nepal Investment will reach Rs 12.87 billion.

The promoter and ordinary share ratio of Nepal Investment has remained unchanged at 69:31 after the acquisition. The bank has a total deposit of Rs 147 billion and a total loan of Rs 132 billion. The management of the bank has also remained the same after the acquisition.




Gold and Silver Price Increase; Silver Hits New Record

Jul 14, 2025 10:43 AM

The gold and silver price have increased for 2nd day on July 14.

Him Star Urja Company Allots IPO

Jul 16, 2025 03:30 PM

Gold and Silver Price Decline

Jul 16, 2025 10:36 AM

Gold and Silver Price Gain

Jul 17, 2025 11:19 AM