National Biz Briefs

Biz journos' training

KATHMANDU: Independent Business News held a two-day training on business reporting from Friday. The training focused on the current financial crisis. Nepal Rastra Bank executive director Maha Prasad Adhikari, Ace Development Bank Ltd CEO Siddhanta Raj Pandey, Nabil Bank Ltd finance controller Bhuvan Dahal, Laxmi Bank Ltd's Piyush Aryal and NMB Bank Ltd's Ajaya Shrestha described financial instruments used to check the health of financial institutions. Prateek Pradhan, editor of Karobar daily, highlighted journalists' role in the financial crisis.

Bank CEO honoured

KATHMANDU: Management Association of Nepal (MAN) honoured Citizens' Bank International Ltd chief executive officer Rajan Singh Bhandari as Manager of the Year 2009 at its 29th convention on Friday. MAN has honoured 17 managers with the title in its three-decade long history. Manager of the year is selected through a rigorous process of analyzing management skills. Citizens' Bank is operating 17 branches and has nearly 70,000 clients throughout the country. It collected deposit Rs 12.89 billion and invested Rs 10.8 billion in lending till mid-December.