Home / Commerce and Economy (page 5)

Commerce and Economy

MBL opens three branches

By Our Reporter Machhapuchre Bank Ltd (MBL), along with formal inauguration of the Kuleshwar Branch, has opened two new branches – one in Vimad in Tanahun, another in Kanchanpur. The Kuleshwor Branch was inaugurated by Bank’s chairman and former MP Birendra Prasad Mahato. There are 19 branches of the Bank …

Read More »

Kumari Bank signs agreement on remittance service

By Our Reporter Kumari Bank Ltd. and Small World Financial Services Group Limited have signed an agreement to extend remittance service throughout the Nepal. The agreement for remittance payment was signed by Surender Bhandari, Chief Executive Officer, of Kumari Bank Ltd. and Nicholas John Stewart Day, Chief Executive Officer of …

Read More »

NIBL to provide 40 percent dividend

By Our Reporter Nepal Investment Bank Ltd (NIBL) held its 32nd annual general meeting (AGM) on 13 January. The AGM approved the proposal of distributing 40 percennt % dividend – 18 % stock dividend and 22 % cash dividend – on its total paid-up capital to its shareholders. In the …

Read More »

MBL opens branch office in Koteshwar

By Our Reporter Machhapuchre Bank Ltd has opened its new branch office in Koteshwar. Bank’s board director Ramman Shrestha inaugurated the new branch office of the Bank. The Branch will provide all kind of banking service to its clients including 24-hour ATM service. This is the 18th branch office of …

Read More »

Nepal Remittance Association elects new office bearers

By Our Reporter Suman Pokhrel of the IME Limited has been elected as the new chairman of the Nepal Remittance Association. The 13th national convention of the Association has elected Pokhrel as the chairman. Diwakar Thapa of the Hulash Remit and immediate past chairman has also elected as the office …

Read More »

By Our Reporter

Machhapuchre Bank Ltd (MBL) and Midiciti Hospital have signed an agreement on providing attractive discount to the MBL clients. As per the agreement, MBL clients will get discount upto 7 percent on health services to the MBL clients. Such discount will be given to the MBL clients while paying the …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »