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2014. Merged with Prabhu Bikas Bank [8] Lumbini Bank. 2016. Merged with Bank of Kathmandu [9] Mega Bank Nepal. 2023. Merged with Nepal Investment Bank and renamed as Nepal Investment Mega Bank [10] Nepal Bangladesh Bank.
Nepal Bangladesh Bank Ltd. (Nepali: नेपाल बाङ्लादेश बैंक) also known as NBB (Nepali: एन.बी.बी.) or NB Bank was a public owned commercial bank in Nepal. [1]
Nepal Bangladesh Bank Limited is an “A” class commercial bank licensed by Nepal Rastra Bank. The bank has its Head Office at Kamaladi-28, Kathmandu, Nepal. The bank has a network of 81 branches, 6 extension counters, 5 branchless banking and 60 ATM terminals.
11 kwi 2022 · Two prominent banks in Nepal: Nabil Bank Limited and Nepal Bangladesh Bank are gearing up to commence joint operation after the acquisition of the latter by the former. Nepal Rastra Bank has already provided a Letter of Intent (LOI) to Nabil Bank for the acquisition of the Nepal Bangladesh Bank.
ICRA Nepal has reaffirmed the issuer rating of [ICRANP-IR] BBB+& (pronounced ICRA NP issuer rating triple B plus) assigned to Nepal Bangladesh Bank Limited (NBB). The rating has also been placed on ‘Watch with Developing Implications’. The rating is considered to be of moderate credit quality.
In an agreement signing ceremony held on Thursday, the merger committee’s coordinator from Nabil Bank’s side, Udaya Krishna Upadhyay and the coordinator from Nepal Bangladesh Bank’s side, Indra Bahadur Thapa inked the agreement for acquisition.
KATHMANDU, March 3: Nepal Rastra Bank (NRB) has paved the way for Nabil Bank to officially acquire Nepal Bangladesh Bank (NBB) by principally agreeing on the unification of the two financial institutions.
