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Commerce and Economy

Machhapuchre becomes first bank in Sunkoshi village in Okhaldhunga

By Our Reporter Machhapuchre Bank has formally launched its new branch in Sunkoshi Rural Municipality in Okhaldhunga. Bank’s deputy executive chief Santosh Koirala, province MP Mohan Khadka and Sunkoshi Rural Municipality’s chairman Rudra Prasad Adhikari jointly inaugurated the branch office of the Bank amidst a function. This branch has become …

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Suraj Vaidya’s plan to make successful Visit Year 2020

By Our Reporter Talking to senior journalists last week in Kathmandu, Suraj Vaidya, coordinator, Nepal Visit Year 2020, said that different initiatives have been taken to make successful the Nepal Visit Year 2020. Vaidya informed that plans are underway to improve management in the Tribhuvan International Airport and operation of …

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MBL to provide simplified microcredit services to underserved population

By Our Reporter Machhapuchchhre Bank Limited (MBL), UKaidSakchyam Access to Finance Programme (Sakchyam) and Heifer international Nepal signed a partnership which will work towards providing simplified microcredit services to the unserved and underserved population of fourteen districts across Nepal. CEO of MBL, Suman Sharma, Team Leader of Sakchyam, Nirmal Dahal …

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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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