Kathmandu. The share exchange ratio (swap ratio) between Samriddhi Finance Company and Pokhara Finance, which is ready to go for merger, has been fixed.

The swap ratio of both the banks has been fixed at 1:1. A meeting of the Board of Directors of Samriddhi Finance held on Sunday approved the swap ratio.

An agreement was signed on July 19, 2082 to go for the merger of both the finances. The merger committee had determined the ratio of share exchange of 1:1 on the basis of the valuation report submitted by the assessor appointed to evaluate the assets, liabilities and transactions of both the banks by the joint merger committee formed on the basis of the agreement.