Business

BIZ BRIEFS

BIZ BRIEFS

By Rishi Singh

EBL in Surkhet KATHMANDU: Everest Bank Ltd (EBL) opened a new branch in Surkhet on Monday. With this, the bank now has 31 branches and five extension counters all across Nepal. The bank has 28 ATM counters and its debit card can be used in 190 ATMs in Nepal and more than 2,000 ATM locations in India. — HNS

BoAN in Banke KATHMANDU: Bank of Asia Nepal on Monday inaugurated its branch office at Nepalgunj. Recently, the bank has made available schemes like “BoA Nari Shakti Bachat” and BoA fifty plus” targeting women and senior citizens. It will also open branches at Kaushaltar and Bhaktapur in the coming months. — HNS

SBL’s branches KATHMANDU: Siddhartha Bank Ltd inaugurated a branch office at Tikapur on Sunday, at Kanchanpur on Monday and at Dhangadi on Tuesday. According to the first nine months’ data of the bank, it has operating profit of Rs 253.3 million. The total deposit is Rs 13.60 billion and investments Rs 13.47 billion. —HNS

NCCL’s ATMs KATHMANDU: Nepal Credit and Commerce Ltd initiated its ATM counter service in Biratnagar and Chitwan on Tuesday. —HNS

IFC, SCT deal KATHMANDU: International Finance Corporation (IFC), World Bank Group, and Smart Choice Technologies (SCT) entered into an agreement on June 9. IFC has now become one of the equity holders of SCT with 19 per cent investment. IFC regional manager Per Kjellerhaug, and SCT chairman Rabindra B Malla signed the agreement documents. —HNS