NRB Approves Acquisition of Rastra Utthan Laghubitta by  Asha Laghubitta

Jun 07, 2023 12:08 PM Merolagani

Nepal Rastra Bank (NRB) has granted approval to Asha Laghubitta Bittiya Sanstha (ALBSL)  to acquire Rastra Utthan Laghubitta Bittiya Sanstha.

The central bank approved the acquisition on June 6.

Asha Laghubitta and Rastra Utthan Laghubitta signed merger/acquisition agreement on April 12.

Asha Laghubitta headquartered at Nuwakot, Madarpur is acquiring Asha Laghubitta headquarterd at Banepa, Sanga.

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