Ace Development Bank expands network

Kathmandu:

Ace Development Bank Ltd has extended its presence by opening its branch at Ghantaghar Link Road in Birgunj. Yogendra Shakya, chairman of Ace Development Bank, inaugurated the branch office of the newly-upgraded development bank today. Ace is the first finance company in Ne-pal to have upgraded into a development bank. It plans to open its second branch at Kirtipur after Tihar holidays.

Ace is planning to distribute 5.26 per cent dividend from this year’s profit.