By Our Reporter Citizens Bank Ltd and Sahayogi Development Bank Ltd have inked an agreement for acquisition of the Sahayogi Development Bank. Citizens Bank’s acquisition committee coordinator Pawanjung Pandey and Sahayogi Bank’s coordinator Dilliprasad Ghimire signed on the agreement. Both the banks, after approval from their special general meeting and final approval from the Nepal Rastra Bank, have decided to start integrated banking service. After acquisition of the Sahayogi Development Bank, the Bank’s deposit will reach at 83 billion 240 million rupees. Loan investment will be 73 billion 990 million rupees. The Bank’s branches will also increase to 99. As per the agreement, each shareholders of the Sahayogi Development Bank will get share at the ratio of 91.75:100 share of the Citizens Bank. Citizens Bank’s present paid-up capital 8 billion 620 million will increase by 9 billion 80 million rupees.