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Business and Corporate

MBL to provide easy loan to ex-policemen

By Our Reporter Machhapuchre Bank Ltd has announced for providing easy loan to ex-policemen. An agreement has been signed between the Bank and the Organisation of Ex-Policemen for providing easy loan to the ex-policemen. Chairman of the Ex-Policemen’s Organisation Basanta Kunwar and Bank’s deputy executive officer Santosh Koirala exchanged the …

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NMB Bank launches 8 products

By Our Reporter In line with the government initiative to provide a subsidized loan to promote entrepreneurship in the deprived sectors, NMB Bank has announced the launch of eight loan products in its Micro Finance portfolio under the umbrella of ‘NMB Interest Subsidy Loans’. In a press release issued on …

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Nabil launches QR payment service

By Our Reporter Nabil Bank in association with Union Pay International (UPI) and Rojgari Services Private Limited has launched QR code payment service”. Nabil Bank, country’s first and largest private sector commercial bank, UPI, a leading international payment association and Rojgari Services, a recruitment solution company, has formed a QR …

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MBL, Sanima Insurance endorse bancassurance deal

By Our Reporter Machhapuchre Bank Ltd and Sanima General Insurance have signed bancassurance service deal. The deal was signed by Suman Sharma, chief executive officer of MBL and SubodhlalShrestha, DGM of the Insurance Company. As per the deal, now onward, all the Bank clients can get all kind of insurance …

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Machhapuchre Bank launches three new branches

By Our Reporter Machhapuchre Bank Ltd has launched three new branches in Hetauda and Chitwan. The branch offices are located in Hetauda Sub Metropolis Corporation in Hetauda, Ichhyakamana Rural Muncipality and Kalika Municipality in Chitwan. The Hetauda Branch was inaugurated by Bank’s board director Jayamukunda Khanal and Mayor of the …

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Nabil launches Visa Cash Back Scheme

By Our Reporter Nabil Bank has launched Nabil Visa Cash Back Scheme aimed to its Visa Cardholders. The Scheme is designed to provide 10% cash back. Under the scheme, any Nabil Bank Visa cardholder (debit/credit/pre-paid) will get cash back of 10% or maximum of NPR 500 (less, applicable TDS of …

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Nabil Bank clients to get special discount in Kantipur Dental Hospital

By Our Reporter Nabil Bank has signed a memorandum of understanding (MoU) with the Kantipur Dental College and Teaching Hospital and Research Center (Kantipur Dental Hospital) under which Bank’s debit and credit card holders will receive a special 20% discount on general hospital except x-ray; 10% discount on general dentistry; …

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Remittance inflow goes up

By Our Reporter Remittance flow has increased noticeably in the first three months of the current fiscal year although the number of Nepali migrant workers has dropped significantly over the years. The country received Rs. 247.17 billion in remittance during the first three months of the current fiscal year, according …

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Nabil Bank announces biggest health coverage scheme for its customers

By Our Reporter Nabil Bank in association with Metlife Insurance has brought an attractive insurance scheme for its depositors covering upto three hundred thousand rupees for those depositors diagnosed with fatal disease and a term life insurance of Rs 75 thousand in case of death of the account holder. The …

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