BIZ BRIEFS

CBL’s new schemes

KATHMANDU: Citizens Bank International Ltd (CIBL) has introduced three new savings account schemes, “Muna Savings, Mahila Savings, Kramik Saving”, effective from Sunday. According to a release, minimum balance for Muna Savings Account is Rs 500 and Rs 1000 for Mahila Savings Account with interest rate of 6.5 per cent while the interest rate for Kramik Saving Account is 7.5 per cent. — HNS

Nimbus’ 10th branch

KATHMANDU: 10th branch of Probiotict Industries Pvt Ltd under Nimbus has been established at Aabukhairani, Tanahun District. With the establishment of the industry, Nimbus expects easy access to its products and effective expansion of services, states the press statement issued. Due to the increment in the demand of the products manufactured the industry is trying to simplify its supply by establishing its branches in various major part of the country within coming fiscal year. The industry presently manufactures 50,000 metric ton seeds and has 65 dealers in more than 40 districts. — HNS