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Prabhu Bank Announces Merger of Nearby Branch Offices

Prabhu Bank, one of the leading commercial banks in Nepal, has announced that it will merge its nearby branch offices, effective from the 10th of Baisakh 2080. In a notice issued today, the bank has listed the names of the merged branches and informed us that the branch offices located at the same location will be adjusted after the acquisition of the former Century Bank.

The bank has stated that the merger is aimed at optimizing its resources and improving operational efficiency. By merging nearby branches, the bank aims to provide better services to its customers and increase its reach in different parts of the country.

The merger will affect several branches of Prabhu Bank located in close proximity to each other. The bank has assured its customers that the merger will not affect their account details, and they can continue to avail of the same services at the merged branches.

Prabhu Bank has also stated that it will provide all necessary assistance to its employees affected by the merger. The bank will ensure that all employees receive their entitled benefits, and their employment status will be maintained as per the bank's policies.

This merger is a significant step taken by Prabhu Bank towards strengthening its position in the Nepalese banking industry. With the merger, the bank aims to become more competitive and provide better services to its customers.