List of Merger and Acquisition of Banks in Nepal [Updated List 2020]

Acquisition of Banks in Nepal

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

Related: 5 Ways to use Digital Marketing in Banking

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