Fri, May 17, 2024
IME General Insurance (IGI) and Prudential Insurance are set to start joint transactions from May 10 following their merger.
The joint entity will be rebranded as IGI Prudential Insurance.
The Securities Board of Nepal (SEBON) approved the merger on April 25.
IME General and Prudential Insurance signed a merger agreement on February 10 with a swap ratio of 1:1.
Commercial banks have published new interest rates for the upcoming month of Jestha. As per the published notices, the average interest rates of the banks have declined by a few points.
