The Merger of NIB Bank into MCB Bank took place on_________?
Correct answer: D. 7 JULY 2017
- A. None of these
- B. 7 JULY 2016
- C. 7 JULY 2015
- D. 7 JULY 2017
Explanation
The merger of NIB Bank with MCB Bank took effect on 7 July 2017 after the required regulatory and corporate approvals. The dates in 2015 and 2016 therefore do not match the merger year.
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