Citizens’ profit

KATHMANDU: Citizens Bank International is starting ‘Gold loan scheme’ from its Biratnagar, New Road and Bouddha branches from August 17. It is also is planning to start door-to-door banking service from the same day. The service will mobilise 2,500 students in 13 branches. The bank posted Rs 184.5 million operation profit in the last fiscal year. According to a press note, it collected deposit of Rs 11.52 billion and invested Rs 8.21 billion during the period. The bank provides banking services to 45,000 customers through 13 branches. — HNS

BoK in Gulariya

KATHMANDU: Bank of Kathmandu (BoK) opened its 30th branch in Gulariya — district headquarters of Bardiya — on Friday. Gulariya is a fast growing town in western Nepal and the bank aims to provide modern banking services like deposit, lending, LC and remittance, a BoK press statement read. The bank provides services through 30 branches and six counters across the country. — HNS

DCBL Bank growing

KATHAMNDU: DCBL Bank Ltd gained net profit of Rs 103 million in the last fiscal year. It is an 88 per cent growth compared to the preceding year, the bank said. DCBL Bank collected deposit Rs 6.61 billion and invested Rs 6.34 billion in the period. The bank raised its paid up capital from Rs 1.10 billion to Rs 1.65 billion last fiscal year by issuing 2:1 right shares. — HNS

NLG profit Rs 95m

KATHMANDU: NLG Insurance Company posted Rs 95 million net profit in the fiscal year 2007-08 whereas the net profit was Rs 10.4 million. It is 13.43 per cent more than the previous year. NLG had collected Rs 181.9 million as premium in the period. It had paid Rs 38 million in insurance claims. — HNS

Miss Players account

KATHMANDU: Nabil Bank has launched a special savings scheme — Miss Players NabilNariBachat — under a co-branding arrangement with Surya Nepal’s Miss Players, a premium clothing brand for women. It offers five per cent interest on a minimum balance of just Rs 500, said the bank. The customers will be offered a specially crafted Visa Electron Debit card and with this Nabil Bank is the first Bank ever to have offered a special Visa Electron Debit Card for the Women populace. The scheme comprises of various attractive features which has been introduced for the benefit of the target group. All new account holders will get gift voucher worth Rs 500 from Surya Nepal which can be used at Miss Players and John Players outlets. — HNS