Prime commercial bank to acquire Lalitpur finance. Official of both institution have signed memorandum of understanding on 25 Jestha 2076.

Before this agreement, Prime Bank has signed acquisition agreement with Kankai Development Bank on 22 Jestha.

A class commercial bank is going to acquire B class Kankai development bank and C class Lalitpur finance.

Paid up capital of Prime bank will reach to Rs.9.31 arba after adjustment of 16% bonus share. Paid up capital of Kankai development bank stands at Rs. 51.50 crore and Lalitpur finance at Rs.23.68 crore.