Garima Bikas Bank and Sahara Bikas Bank officially launch their joint venture.

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Garima Bikas Bank Limited and Sahara Bikas Bank Limited have begun operating as a joint following the completion of a successful acquisition. The combined operation will carried out by the companies under the name Garima Bikas Bank Limited and will begin on the 28th of Kartik, 2078.

Garima Bikas Bank purchased Sahara Bikash Bank a share swap ratio of one to one, according to the company. It Rs. 3,94,81,83,105.08 that was paid up capital following the transaction.

The Lazimpat district of Kathmandu will serve as the joint operation’s headquarters.

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