CIBL’s AGM ends

KATHMANDU: The second Annual General Meeting (AGM) of Citizens Bank International Ltd (CIBL) concluded here on Friday. Acording to the AGM’s decision, the bank will set up one branch each in 30 districts within three years. — HNS

Sanima’s new branch

KATHMANDU: Sanima Bikash Bank Ltd has opened its fourth branch at Kumaripati, Lalitpur. According to a press statement, the bank garnered a total deposit of Rs 3.69 billion, posted loans and advances worth Rs 2.63 billion at the end of the first quarter of the fiscal year 2008-09 and got a net profit of Rs 16.69 million. — HNS

Pro-worker move

KATHMANDU: Nepal Credit and Commerce Bank Ltd has launched NCC Employee Savings Account wherein those employed in any organised sector can open an account with zero balance. The bank will also provide 50 per cent discount on its ABBS charge, 25 per cent discount on the employee’s child education and 25 per cent discount on home and auto loan in the scheme. — HNS