The Merger of NIB Bank into MCB Bank took place on_________?

Correct answer: A. 7 JULY 2017

  • A. 7 JULY 2017
  • B. 7 JULY 2016
  • C. 7 JULY 2015
  • D. None of these

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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