Local Business Briefs
NCCBL’s 565m profit
KATHMANDU: Nepal Credit and Commerce Bank Ltd gained net profit of Rs 565 million from investing Rs 17.18 billion in fiscal year 2008-09. The bank has collection of Rs 9.12 billion in the period. It is planning to build up its capital base to Rs 2 billion next year from the current Rs 1400 million. It is also calling IPO of Rs 200 million next year. — HNS
Prabhu’s FD scheme
KATHMANDU: Parbhu Finance Ltd has introduced Prabhu Fixed Deposit Account from Wednesday. Prabhu Finance is providing 10.51 per cent interest on the account which also has facility of free locker and accident insurance upto Rs 5,00,000.
RBB’s 22nd ATM
KATHMANDU: Rastriya Banijya Bank (RBB) has set up an ATM counter in Nepalgunj. Nepal Rastra Bank chief manager Narayan Dhamala inaugurated the ATM on Tuesday. Now RBB has 22 ATM counters
NCCBL’s 565m profit
KATHMANDU: Nepal Credit and Commerce Bank Ltd gained net profit of Rs 565 million from investing Rs 17.18 billion in fiscal year 2008-09. The bank has collection of Rs 9.12 billion in the period. It is planning to build up its capital base to Rs 2 billion next year from the current Rs 1400 million. It is also calling IPO of Rs 200 million next year.
Prabhu’s FD scheme
KATHMANDU: Parbhu Finance Ltd has introduced Prabhu Fixed Deposit Account from Wednesday. Prabhu Finance is providing 10.51 per cent interest on the account which also has facility of free locker and accident insurance upto Rs 5,00,000.
RBB’s 22nd ATM
KATHMANDU: Rastriya Banijya Bank (RBB) has set up an ATM counter in Nepalgunj. Nepal Rastra Bank chief manager Narayan Dhamala inaugurated the ATM on Tuesday. Now RBB has 22 ATM counters
Citizens’ new ATM
KATHMANDU: Citizens’ Bank International Ltd opened an ATM in Dhangadhi on Tuesday. The bank has ATM network in 17 places including Kathmandu valley. It has 63,000 clients in its 17 branches. It will issue 1:1 right shares this fiscal year.
SFL’s capital up
KATHMANDU: ShubhaLaxmi Finance Ltd has increased its capital base from Rs 70 million to Rs 140 million, in its AGM held on Sunday.
KATHMANDU: Citizens’ Bank International Ltd opened an ATM in Dhangadhi on Tuesday. The bank has ATM network in 17 places including Kathmandu valley. It has 63,000 clients in its 17 branches. It will issue 1:1 right shares this fiscal year. — HNS
SFL’s capital up
KATHMANDU: ShubhaLaxmi Finance Ltd has increased its capital base from Rs 70 million to Rs 140 million, in its AGM held on Sunday.