Swap Ratio of BOK and Lumbini Bank Decided

May 6: The merger process between Bank of Kathmandu and Lumbini Bank is about to get concluded with the banks deciding swap ratio for merger after a long procedural meeting.

The share swap ratio of BOK and Lumbini Bank has been fixed at 100:82. The banks have fixed swap ratio after six months of merger agreement.

After the merger, the bank will have 69 branches and 62 ATMs. At present, BOK has 51 branches and 57 ATMs while Lumbini Bank has 18 branches and 5 ATMs.