Citizen to float shares

KATHMANDU: Securities Board of Nepal (Sebon) on Monday cleared Citizen International Bank Ltd for issuing initial public offerings (IPOs) worth Rs 300 million. The bank has operating profit of Rs 73.7 million in the first six months of this fiscal. — HNS

SBI’s 14th ATM

KATHMANDU: Nepal SBI Bank Ltd inaugurated its 14th ATM counter on Monday. According to a press statement, the ATM counters of the bank are linked to more than 10,000 ATM counters in India. Its Visa debit card works in 2000 business centres in Nepal and 2,64,000 in India. — HNS

Blood donation

KATHMANDU: Standard Chartered Bank Nepal held a blood donation camp at New Baneshwor on Monday with technical assistance from Nepal Red Cross Society, Blood Transfusion Centre. Fifty bank staff and customers donated their blood. — HNS