June 5, Kathmandu, Nepal
Ordinary people like us are not often sure which bank is merging with which bank. We get overwhelmed and confused, don’t we? To make life easy, we have a list of Merger and Acquisition of Banks in Nepal which gives you clear history of the banking business.
We have separately presented the list of mergers and acquisitions of banks of the Commercial and Development sector.
List of Merger and Acquisition of Banks in Nepal (Commercial Banks)
| Name of Banks and Financial Institutions | Name after Merger and Acquisition | Action | Commercial Bank |
| Global IME Bank Ltd +
Janata Bank Nepal Ltd |
Global IME Bank Ltd | Merger | Commercial Bank |
| Prime Commercial Bank Ltd +
Kailash Bikas Bank Ltd |
Prime Commercial Bank Ltd | Acquisition | Commercial Bank |
| Prime Commercial Bank Ltd +
Kankai Bikas Bank Ltd |
Prime Commercial Bank Ltd | Acquisition | Commercial Bank |
| NMB Bank Ltd +
Om Development Bank Ltd |
NMB Bank Ltd | Merger | Commercial Bank |
| Global IME Bank Ltd +
Hathway Finance Ltd |
Global IME Bank Ltd | Acquisition | Commercial Bank |
| Nepal Investment Bank Ltd +
Jebil’s Finance Ltd |
Nepal Investment Bank Ltd | Acquisition | Commercial Bank |
| Rastriya Banijya Bank Ltd +
NIDC Development Bank Ltd |
Rastriya Banijya Bank Ltd | Merger | Commercial Bank |
| NIBL Capital Market Ltd +
Ace Capital Ltd |
NIBL Ace Capital Ltd | Acquisition | Merchant Bank |
| Century Commercial Bank Ltd +
Seti Finance Ltd |
Century Commercial Bank Ltd | Acquisition | Commercial Bank |
| Century Commercial Bank Ltd +
Alpine Development Bank Ltd |
Century Commercial Bank Ltd | Acquisition | Commercial Bank |
| Century Commercial Bank Ltd +
Sagarmatha Finance Ltd |
Century Commercial Bank Ltd | Acquisition | Commercial Bank |
| Janata Bank Nepal Ltd +
Siddhartha Development Bank Ltd |
Janata Bank Nepal Ltd | Acquisition | Commercial Bank |
| Global IME Bank Ltd +
Reliable Development Bank Ltd |
Global IME Bank Ltd | Acquisition | Commercial Bank |
| Nepal Investment Bank Ltd +
Ace Development Bank Ltd |
Nepal Investment Bank Ltd | Acquisition | Commercial Bank |
| Civil Bank Ltd +
Unique Finance Ltd |
Civil Bank Ltd | Acquisition | Commercial Bank |
| Civil Bank Ltd +
Hama Merchant and Finance Ltd |
Civil Bank Ltd | Acquisition | Commercial Bank |
| Century Commercial Bank Ltd +
Innovative Development Bank Ltd + Araniko Development Bank Ltd |
Century Commercial Bank Ltd | Acquisition | Commercial Bank |
| Prime Commercial Bank Ltd + Biratlaxmi Bikash Bank Ltd +
Country Development Bank Ltd |
Prime Commercial Bank Ltd | Acquisition | Commercial Bank |
| Janata Bank Nepal Ltd +
Triveni Bikas Bank Ltd |
Janata Bank Nepal Ltd | Merger | Commercial Bank |
| Global IME Bank Ltd +
Pacific Development Bank Ltd |
Global IME Bank Ltd | Acquisition | Commercial Bank |
| Sunrise Bank Ltd +
NIDC Capital Market Ltd |
Sunrise Bank Ltd | Acquisition | Commercial Bank |
| Mega Bank Nepal Ltd +
Tourism Development Bank Ltd |
Mega Bank Nepal Ltd | Acquisition | Commercial Bank |
| Sanima Bank Ltd +
Bagmati Development Bank Ltd |
Sanima Bank Ltd | Acquisition | Commercial Bank |
| NCC Bank Ltd +
Infrastructure Development Bank Ltd + Apex Development Bank Ltd + Supreme Development Bank Ltd + International Development Bank Ltd |
NCC Bank Ltd | Merger | Commercial Bank |
| Bank of Kathmandu Ltd +
Lumbini Bank Ltd |
Bank of Kathmandu Ltd | Merger | Commercial Bank |
| Citizens Bank International Ltd +
Premier Finance Ltd |
Citizens Bank International Ltd | Acquisition | Commercial Bank |
| Nepal Bangladesh Bank Ltd +
Nepal Bangladesh Finance Ltd |
Nepal Bangladesh Bank Ltd | Merger | Commercial Bank |
| Global Bank Ltd +
IME Finance Ltd + Lord Buddha Finance Ltd |
Global IME Bank Ltd | Merger | Commercial Bank |
| NIC Bank Ltd +
Bank of Asia Nepal Ltd |
NIC Asia Bank Ltd | Acquisition | Commercial Bank |
| Global IME Bank Ltd +
Social Development Ltd + Gulmi Bikash Bank Ltd |
Global IME Bank Ltd | Merger | Commercial Bank |
| Prabhu Finance Ltd +
Sambridhi Bikash Bank Ltd + Baibhav Finance Ltd |
Prabhu Bank Ltd | Acquisition | Commercial Bank |
| Civil Bank Ltd +
Axis Development Ltd + Civil Merchant Bitiya Sanstha Ltd |
Civil Bank Ltd | Acquisition | Commercial Bank |
| Kist Bank Ltd +
Prabhu Bikash Bank Ltd + Gaurishankar Development Ltd + Zenith Finance Ltd |
Prabhu Bank Ltd | Acquisition | Commercial Bank |
You may also like: List of CEO of Commercial Banks in Nepal
Similarly,
List of Merger and Acquisition of Banks in Nepal (Development Banks)
| Name of Banks and Financial Institutions | Name after Merger and Acquisition | Action | Development Bank |
| Saptakoshi Development Bank Ltd +
Kabeli Bikas Bank Ltd |
Saptakoshi Development Bank Ltd | Acquisition | Development Bank |
| Tinau Development Bank Ltd +
Mission Development Bank Ltd |
Tinau Mission Development Bank Ltd | Merger | Development Bank |
| Nepal Community Development Bank Ltd +
Tinau Mission Development Bank Ltd |
Tinau Mission Development Bank Ltd | Acquisition | Development Bank |
| Shine Resunga Development Bank Ltd +
Bhargav Bikash Bank Ltd + Purnima Bikas Bank Ltd |
Shine Resunga Development Bank Ltd | Acquisition | Development Bank |
| Jyoti Bikash Bank Ltd +
Hamro Bikas Bank Ltd |
Jyoti Bikash Bank Ltd | Acquisition | Development Bank |
| Deva Bikas Bank Ltd +
Western Development Bank Ltd |
Deva Bikas Bank Ltd | Acquisition | Development Bank |
| Deva Bikas Bank Ltd +
Sajha Bikas Bank Ltd + Union Finance Ltd |
Deva Bikas Bank Ltd | Acquisition | Development Bank |
| Jyoti Bikas Bank Ltd +
Raptibheri Bikas Bank Ltd |
Jyoti Bikas Bank Ltd | Acquisition | Development Bank |
| Kamana Bikas Bank Ltd +
Sewa Bikas Bank Ltd |
Kamana Sewa Bikas Bank Ltd | Acquisition | Development Bank |
| Shangrila Development Bank Ltd +
Cosmos Development Bank Ltd |
Shangrila Development Bank Ltd | Merger | Development Bank |
| Gandaki Bikas Bank Ltd +
Fewa Bikas Bank Ltd |
Gandaki Bikas Bank Ltd | Merger | Development Bank |
| Mahalaxmi Bikas Bank Ltd +
Yeti Development Bank Ltd |
Mahalaxmi Bikas Bank Ltd | Merger | Development Bank |
| Om Development Bank Ltd +
Manaslu Bikas Bank Ltd |
Om Development Bank Ltd | Merger | Development Bank |
| Lumbini Finance & Leasing Company Ltd +
Vibor Society Development Bank Ltd |
Lumbini Bikas Bank Ltd | Merger | Development Bank |
| Tourism Development Bank Ltd +
Matribhumi Bikas Bank Ltd + Kalinchowk Development Bank Ltd |
Tourism Development Bank Ltd | Acquisition | Development Bank |
| Vibor Bikas Bank Ltd +
Society Development Bank Ltd |
Vibor Society Development Bank Ltd | Merger | Development Bank |
| Pashupati Development Ltd +
Udham Bikash Bank Ltd |
Axis Development Bank Ltd | Acquisition | Development Bank |
Also Read: Highest Profit Earning Banks in Nepal
However, there are few banks that have never been a part of any sort of Mergers and/or Acquisitions in Nepal. Those banks are:
- Agriculture Development Bank Ltd
- Everest Bank Ltd
- Himalayan Bank Ltd
- Nabil Bank Ltd
- Nepal Bank Ltd
- Nepal SBI Bank Ltd
- Standard Chartered Bank
- Rastriya Banijya Bank
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