National Biz Briefs
PCB in Sindhuli
KATHMANDU: Prime Commercial Bank on Wednesday inaugurated its branch office at Sindhuli. With the establishment of the new branch, the bank now has a total number of 11 branches in the country.
Sunrise in profit
KATHMANDU: Sunrise Bank Limited earned net profit Rs 90.69 million in January this fiscal year. The profit is about 107.44 per cent more than previous year’s. The bank has 26 branches and 30 ATM counters.
KATHMANDU: Panchkanya Steel Pvt Ltd has appointed dealers and sub-dealers in Janakpur and Koshi zones. Sales Manager of Panchkanya Steel Bishwajaya Pudasaini distributes certificates to dealers and sub-dealers on Thursday.
KATHMANDU: International Development Bank ltd (IDBL) added a new branch in New Road here. Nepal Rastra Bank (NRB) deputy governor Bir Bikram Rayamajhi inaugurated the branch on Thursday. The branch will provide banking service from 10 am to 6 pm.
BFL in Inaruwa
KATHMANDU: Birgunj Finance Ltd (BFL) opened its eighth branch in Inaruwa of Sunsari district. BFL chairman Bijaya Kumar Sarawgi inaugurated it on Thursday.
KATHMANDU: Commodities and Metal Exchange Ltd (COMEN) and Nepal SBI Bank Ltd signed an agreement on Thursday to work for the development of commodities market. Under the pact, Nepal SBI Bank will be the sole bank for COMEN’s trading, investor and clearing agents.