BIZ BRIEFS

EBL’s new service

KATHMANDU: Everest Bank Ltd (EBL) launched Everest Ghar-Dailo Banking Sewa, in six different locations of Banke district through its branch at Nepalgunj on Sunday. This new product is a revolution in the banking history of Nepal and a breakthrough in terms of banking technology, said the bank. It will help even illiterate people operate their account through thumb impression. Thus, the account operation is safe and secure. The branchless banking service of EBL helps people in remote villages open bank account, withdraw and deposit money and receive remittance from abroad. Transactions are made through special machines available to Business Correspondents appointed at different locations. — HNS

WFP aid for flood-hit

KATHMANDU: United Nations World Food Programme (WFP) announced that the first batch of Koshi flood victims have graduated from an intensive vocational training course aimed at providing new careers to those who lost their livelihoods after Koshi River broke its embankment last year. Under WFP’s food-for-training programme, more than 1,300 Koshi flood victims will receive job skills in carpentry, plumbing, electric wiring, masonry and tailoring. “After this round of training, people will have the expertise to start their own businesses,” said Richard Ragan, WFP Country Director in Nepal. — HNS