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Business and Corporate

Prabhu Bank opens new branch office in Achham

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Prabhu Bank Ltd (PBL) has opened a new branch office at Kamalbazar of Accham district with the support from UKAid. Issuing a statement on Thursday, the bank said that Bisrut Thapa, manager of Nepal Rastriya Bank’s Dhangadi branch inaugurated the branch office. The statement further added that customers of Accham …

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NAC to increase daily flights to Delhi

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Nepal Airlines Corporation (NAC) has announced expanding its operations to New Delhi, India. With effect from December 20, NAC will launch double daily flights to Delhi, the airline said in a statement. It currently flies 11 weekly flights on the sector. Delhi is the most lucrative route for airlines in …

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Nabil Bank felicitates its staffs

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Nabil Bank Ltd has felicitated its existing and former staffers amid a function held in Kathmandu. Issuing a statement, the bank said that it honoured retired as well as currently working staff members associated with the bank for more than 25 years. Shambhu Prasad Poudel, chairman of the bank, presented …

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Sanima Capital appoints issue manager of Citizens Bank

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Citizens Bank International has appointed Sanima Capital as its Issue Manager. Both institutions signed an agreement regarding the matter. Ganesh Raj Pokhrel, Deputy CEO of the bank and Manish Narayan Joshi, CEO of Sanima Capital signed the agreement on behalf of their respective organisation. Under the agreement, Sanima Capital will …

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Janata Bank‘s new branch office at Surkhet

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Janata Bank Nepal Ltd (an ‘A’ class commercial bank) has opened its 37th branch office and 30th ATM outlet at Birendranagar of Surkhet. Issuing a statement, the bank said that its President Udaya Nepali Shrestha jointly inaugurated the new branch office. The bank has been providing services through 37 branch …

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Global IME Bank introduces EMV Chip Cards

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Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow consumers to transact securely …

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Sunrise Bank extends branchless service in Gaur

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Sunrise Bank Limite has opened its 13th branchless banking service in Rautahat. (BLB). Issuing a statement, the commercial bank said that former justice Dev Sharan Prasad Chaudhart inaugurated the branchless banking outlet at Sirmujuwa VDC-8 Bangkul. Speaking at the program, Sunrise Bank Gaur branch head Bipat Chaudhary highlighted the reasons …

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Soaltee Hotel observes Golden Jubilee

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By Our Reporter Soaltee Crowne Plaza, one among the pioneer hotels in the country observed its golden jubilee amidst a function last week. Founded by late prince Himalaya Bir Bikram Shah and late princess Princep Rajya Laxmi Devi Shah in 1965, the Hotel was inaugurated by the then King Mahendra. …

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Sajha launches 30 disabled-friendly buses

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Sajha Yatayat, a cooperative public transport company, has launched 30 disabled-friendly buses from Sunday. Prime Minister Pushpa Kamal Dahal inaugurated the service at Sajha’s office at Pulchock, Lalitpur. Now, Sajha has a total of 46 buses. Thirty eight buses will be serving in the Kathmandu Valley and 8 buses outside …

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Germany to fund 36 million euros

Nepal-German bilateral government consultation meetings concluded in Kathmandu on Wednesday with Germany making pledge for fresh fund of 36 million euros for the continuation of German-supported projects for the next two years. According to a press statement issued by the Embassy of Germany in Kathmandu, Germany will also provide make …

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