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Commerce and Economy

14 banking fraudsters arrested

By Our Reporter The police, in its largest ever sweep on the banking sector’s irregularities, arrested 14 former board members of Apex Development Bank, which had merged with the National Credit and Commerce Bank (NCCB), in three days beginning from Friday. The alleged banking fraudsters were arrested from the board …

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6th SAARC business leaders’ conclave in the offing

Suraj Vaidya

By Our Reprter With the theme of eight nations one objective, the 6th SAARC business leaders’ conclave is scheduled to kick-off tomorrow at the Hyatt Regency Hotel in Kathmandu. The 16-18 March conclave will be attended by above 200 foreign dignitaries including commerce ministers and business leaders from all eight …

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IME General Insurance opens new branch in Teku


By Our Reporter IME General Insurance Ltd has brought into operation its 33rd branch office at the Ambe Complex in Teku, Kathmandu from Tuesday, 13 March. Chirinjeevi Chapagain, chairman, Insurance Committee, inaugurated the branch office amidst a function on Tuesday. Company’s Board Chairman Hemraj Dhakal and other Board of Directors …

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Rai and Gurung win IME iPhone X gift scheme


By Our Reporter Rajesh Rai has won IME iPhone X gift scheme introduced by IME Ltd. The Company, by aiming its clients in London, USA and Europe, had introduced the scheme on 15 December for two months. Under the scheme, among those clients receiving money in Nepal, five lucky winners …

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IME Digital, Siddhartha Bank ink agreement


By Our Reporter IME Digital and Siddhartha Bank have inked an agreement to facilitate customers to avail various mobile financial services offered by IME Digital through its product IME pay. Daniel D Shrestha, Chief Operating Officer, IME Digital and Suresh Maharjan, Head – Payment Solutions, Siddhartha Bank signed the agreement. …

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Have a taste of delicious cuisine at Hotel Tranquil’s Restaurant


By Our Reporter Hotel Tranquill and restaurant, Lainchour, has started its own restaurant with the aim of serving its clients with delicious cuisine including typical Nepali Thali, Chinese, Indian, Continental food and snacks. Centrally located around the commercial banks, collages, the Restaurant in Lainchour has become a hub for meeting …

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Global IME Bank adds two branchless banking service centers


By Our Reporter Global IME Bank has opened 71st branchless service center in Kalimati, Bhanu Municipality, Tanahun and 72nd branchless service center in Setipashal, Madhya Nepal Municipality in Lamjung. The Bank, with the aim of providing banking service to local people, basically farmers and remittance as their main source of …

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NIBL completes 32 years’ journey


By Our Reporter Nepal Investment Bank Ltd (NIBL) has completed 32 years of operation. Officials of the Bank have attributed its success to consumer satisfaction and support that NIBL has received so far. Today, the Bank has more than 800,000 consumers who are obtaining various banking services through NIBL 63 …

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