Acquisition of Civil Bank By Himalayan Bank is just a rumor

Sep 21, 2020 12:00 PM Merolagani

Civil Bank (CBL) has informed Nepal Stock Exchange that the news of acquisition by Himalayan Bank is merely a rumor.

The bank explained that the news currently disseminated in various platforms is baseless. The bank said that no official decision has been made regarding the merger with any BFIs.

On Sunday, there was a rumor that Himalayan Bank is set to acquire Civil Bank, based on which, the stock price hit circuit in the secondary market. Following which, NEPSE sought clarification from the bank regarding the rumor.


comments powered by Disqus

Nepal Reports 2,225 New COVID-19 Cases; 1,110 from Valley

Oct 24, 2020 04:53 PM

 Nepal has reported a total of 2,225 new COVID-19 cases in the last 24 hours.  With this, the number of COVID-19 cases has reached 155,233 in the country. Out of them, 46,057 are active cases.

Sanima Bank Calls Out 16th AGM

Oct 23, 2020 11:35 AM