BIZ BRIEFS
Sunrise’s branches
KATHMANDU: Sunrise Bank Ltd in its 17th month of operations has established 20 branch offices including those at Maharajgunj, Pharping, Bhaktapur, Narayangarh, Birgunj, Sunaul and Bardibas. According to a press release, the bank plans to open 25 branches within this fiscal year. It has collected a deposit of Rs 9.48 billion and within the second quarter of the present fiscal year, it registered an operating profit of Rs 46.7 million. The bank is going to float its own 30 per cent primary shares worth Rs 300 million next month. — HNS
Kist opens branch
KATHMANDU: Kist Merchant Banking and Finance inaugurated its 18th branch at Charikot of Dolakha. The bank that will soon become a commercial bank is also planning to open branch offices at Bhaktapur, Banepa, Ratna Nagar, Koteshwor, Sinamangal, Dharan and Damauli. — HNS
Bahrain Air schedule
KATHMANDU: Zenith Travels Pvt Ltd — GSA for Bahrain Air in Nepal — is commencing its service to Kathmandu from March 17. Bahrain Air goes to several destinations using its modern fleet of Airbus A320 and A319 aircrafts, according to a press statement. It is commencing its Kathmandu service with three weekly flights, Tue, Fri & Sun, using Airbus A320 or A319 aircraft with 12-premium and 150 economy class seats. Flight B513/514 will leave Bahrain International Airport at 02:35 AM, reach Kathmandu at 10:05 AM local time and leave at 10:50 AM to reach Bahrain at 12:50 PM. —HNS