NIBL Ace Capital Ltd has been appointed debenture registrar of Nepal Credit and Commerce Bank Ltd (NCC Bank).

NCC Bank, formally registered as Nepal - Bank of Ceylon Ltd (NBOC), commenced its operation on October 14, 1996 as a joint venture with Bank of Ceylon, Sri Lanka.

The name of the bank was changed to NCC Bank on September 10, 2002, after transfer of shares and management of the bank from Bank of Ceylon to Nepali promoters.

The Debenture Registrar Service Agreement was signed recently between Rajesh Raj Dhungel, senior manager of NCC Bank, and Sachindra Dhungana, assistant general manager of NIBL Ace Capital Ltd.

A version of this article appears in the print on April 05, 2021, of The Himalayan Times.