Pokhara Finance and Samriddhi Finance Sign Merger Agreement — NRB Grants Letter of Intent (LOI)

Pokhara Finance Limited and Samriddhi Finance Company Limited have officially signed a merger agreement, and the Nepal Rastra Bank (NRB) has granted them in-principle approval (Letter of Intent – LOI) for the merger. The approval was issued on Ashwin 27, 2082 (October 13, 2025), according to a notice released by Pokhara Finance.

As per the NRB’s approval conditions, both financial institutions must complete the necessary procedures and approve a special resolution through their respective Annual General Meetings (AGMs) within three months and then submit the final merger application for approval.

The merger is expected to enhance the institutions’ financial strength, capital base, and operational reach, contributing to greater stability and efficiency in the finance sector.

Pokhara Finance CEO Rojumohan Bhattarai stated that the merger will help expand operations, strengthen financial stability, and increase shareholder value.

Pokhara Finance Limited is a “Class C” financial institution licensed by Nepal Rastra Bank and has been operating since 1997 (2053 BS), providing various financial services across Nepal.