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Kasthamandap to Acquire Pashchimanchal Finance

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Kasthamandap to Acquire Pashchimanchal Finance
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June 8: Kasthamnadap Development Bank Limited (KDBL) is acquiring Pashchimanchal Finance Company Limited (PFC). The two institutions have struck a deal regarding the acquisition on June 7. Jagannath Gyawali, Chairman of KDBL and Gopal Bahadur Pokharel, Chairman of PFC signed the agreement on behalf of their respective organisations. “With this agreement, KDBL has expanded its network to western and mid-western regions,” informs the bank in a press statement.  The bank has already signed an acquisition deal with Mahakali Bikas Bank.

 

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