KATHMANDU: Sanima Bikas Bank Ltd has its new Sanima Maxi Fixed Deposit scheme for individual customers designed to serve small depositor. Customers can open account with tenure of one year with minimum balance of Rs 100,000 and highest rate of interest of 10 per cent. Interest is paid quarterly.

KATHMANDU: Annapurna Finance Company Ltd (AFCL) introduced fixed deposit schemes with interest of 10.50 per cent and 11 per cent in one year and two or more year deposit, respectively. AFCL has capital base of Rs 704.3 million. The company earned Rs 30 million profit from Rs 2.45 billion in deposit and Rs 2.93 billion lending.

KATHMANDU: Federation of Handicraft Associations of Nepal (FHAN) on Tuesday launched virtual handicraft market — www.NepalHandicraftMarket.com— to promote Nepa-li art and craft worldwide. FHAN has 1200 members all over Nepal.