BIZ BRIEFS

NIC opens 4th branch

KATHMANDU: NIC Bank has opened its fourth branch in Bhaktapur making it a total of 15 branches across the country. Jagdish Prasad Agrawal, chairman of the Bank inaugurated the branch here on Wednesday. “Bhaktapur branch provides a full range of products and services including all modern day banking facilities like trade finance, remittance, business and consumer loans, ATM / debit cards, drafts, SMS banking, travellers cheques,” states a press release. The branch is connected to all other branches through a V-Sat network. — HNS