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<strong>EIC Employee on Strike </strong></div>
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<img alt=" Everest Insurance Company (EIC)" src="/userfiles/images/eic.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Employees of Everest Insurance Company (EIC) are on strike from Wednesday (July 24). After Insurance Board has partially banned on EIC to handle fire insurance business, it has not been capable to renew its license. So, stating that the Insurance Board and the management team of company have not taken any steps to change the situation, the employees of the EIC have been on strike daily from July 24. </div>
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<div>
<strong>NB Bank Awarded for Best Financial Report </strong></div>
<div>
<img alt="Nepal Bangladesh Bank" src="/userfiles/images/nb%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year. </div>
<div>
</div>
<div>
</div>
<div>
<strong>Laxmi at Waling and Kohalpur </strong></div>
<div>
<img alt="Laxmi Bank" src="/userfiles/images/laxmi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 40px;" />Laxmi Bank has opened branches at Waling, Syanga and Kohalpur, Banke. After these, the number of branches of bank reached 33. </div>
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<div>
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<strong>Sanima at Hetauda </strong></div>
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<img alt="Sanima Bank Limited (Sanima) " src="/userfiles/images/sanima%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 13px;" />Sanima Bank Limited (Sanima) has opened its 25th branch at Hetauda. The branche was jointly inaugurated by the Chairman, Jiba Lamichhane and Brand Ambassador of Sanima, Hari Bansha Acharya & Madan Krishna Shrestha (MAHA). </div>
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<strong>Citizens’ ATM at Bhat-Bhatani </strong></div>
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<img alt="" src="/userfiles/images/citizens.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 25px;" />Citizens Bank International on Wednesday, July 24 installed its 36th ATM terminal at Bhat- Bhateni Supermarket, Bhat-Bhateni. </div>
<div>
</div>
<div>
</div>
<div>
<strong>NIBL Debentures Allotted </strong></div>
<div>
<img alt="Nepal Investment Bank Limited (NIBL)" src="/userfiles/images/nibl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 24px;" />Nepal Investment Bank Limited (NIBL) has allotted Rs.500 million Redeemable “8% NIB Debenture 2077” to general public on (6th Shrawan, 2070), It is refunding money to the non-allottee investors from 11th Shrawan, 2070. </div>
<div>
</div>
<div>
</div>
<div>
<strong>Manaslu IPO </strong></div>
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<img alt="" src="/userfiles/images/manaslu.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 33px;" />Manaslu Bikas Bank Ltd is going for initial public offering (IPO). The bank is going to issue 3,60,000 ordinary shares to the public at par value of Rs 100. </div>
<div>
</div>
<div>
</div>
<div>
<strong>Grade 4 for Mahakali IPO </strong></div>
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<img alt="" src="/userfiles/images/icra.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 46px;" /><img alt="Mahakali Bikas Bank Limited" src="/userfiles/images/mahakali.jpg" style="float: left; margin: 0px 10px 0px 0px;height: 22px; width: 100px;" />ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.</div>
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<strong>EIC Employee on Strike </strong></div>
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<div>
</div>
<div>
</div>
<div>
<strong>NB Bank Awarded for Best Financial Report </strong></div>
<div>
<img alt="Nepal Bangladesh Bank" src="/userfiles/images/nb%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year. </div>
<div>
</div>
<div>
</div>
<div>
<strong>Laxmi at Waling and Kohalpur </strong></div>
<div>
<img alt="Laxmi Bank" src="/userfiles/images/laxmi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 40px;" />Laxmi Bank has opened branches at Waling, Syanga and Kohalpur, Banke. After these, the number of branches of bank reached 33. </div>
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<div>
</div>
<div>
</div>
<div>
<strong>Sanima at Hetauda </strong></div>
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<img alt="Sanima Bank Limited (Sanima) " src="/userfiles/images/sanima%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 13px;" />Sanima Bank Limited (Sanima) has opened its 25th branch at Hetauda. The branche was jointly inaugurated by the Chairman, Jiba Lamichhane and Brand Ambassador of Sanima, Hari Bansha Acharya & Madan Krishna Shrestha (MAHA). </div>
<div>
</div>
<div>
</div>
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<strong>Citizens’ ATM at Bhat-Bhatani </strong></div>
<div>
<img alt="" src="/userfiles/images/citizens.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 25px;" />Citizens Bank International on Wednesday, July 24 installed its 36th ATM terminal at Bhat- Bhateni Supermarket, Bhat-Bhateni. </div>
<div>
</div>
<div>
</div>
<div>
<strong>NIBL Debentures Allotted </strong></div>
<div>
<img alt="Nepal Investment Bank Limited (NIBL)" src="/userfiles/images/nibl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 24px;" />Nepal Investment Bank Limited (NIBL) has allotted Rs.500 million Redeemable “8% NIB Debenture 2077” to general public on (6th Shrawan, 2070), It is refunding money to the non-allottee investors from 11th Shrawan, 2070. </div>
<div>
</div>
<div>
</div>
<div>
<strong>Manaslu IPO </strong></div>
<div>
<img alt="" src="/userfiles/images/manaslu.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 33px;" />Manaslu Bikas Bank Ltd is going for initial public offering (IPO). The bank is going to issue 3,60,000 ordinary shares to the public at par value of Rs 100. </div>
<div>
</div>
<div>
</div>
<div>
<strong>Grade 4 for Mahakali IPO </strong></div>
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<img alt="" src="/userfiles/images/icra.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 46px;" /><img alt="Mahakali Bikas Bank Limited" src="/userfiles/images/mahakali.jpg" style="float: left; margin: 0px 10px 0px 0px;height: 22px; width: 100px;" />ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.</div>
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<strong>EIC Employee on Strike </strong></div>
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<img alt=" Everest Insurance Company (EIC)" src="/userfiles/images/eic.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Employees of Everest Insurance Company (EIC) are on strike from Wednesday (July 24). After Insurance Board has partially banned on EIC to handle fire insurance business, it has not been capable to renew its license. So, stating that the Insurance Board and the management team of company have not taken any steps to change the situation, the employees of the EIC have been on strike daily from July 24. </div>
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<div>
<strong>NB Bank Awarded for Best Financial Report </strong></div>
<div>
<img alt="Nepal Bangladesh Bank" src="/userfiles/images/nb%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year. </div>
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<div>
<strong>Laxmi at Waling and Kohalpur </strong></div>
<div>
<img alt="Laxmi Bank" src="/userfiles/images/laxmi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 40px;" />Laxmi Bank has opened branches at Waling, Syanga and Kohalpur, Banke. After these, the number of branches of bank reached 33. </div>
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<strong>Sanima at Hetauda </strong></div>
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<img alt="Sanima Bank Limited (Sanima) " src="/userfiles/images/sanima%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 13px;" />Sanima Bank Limited (Sanima) has opened its 25th branch at Hetauda. The branche was jointly inaugurated by the Chairman, Jiba Lamichhane and Brand Ambassador of Sanima, Hari Bansha Acharya & Madan Krishna Shrestha (MAHA). </div>
<div>
</div>
<div>
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<strong>Citizens’ ATM at Bhat-Bhatani </strong></div>
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<img alt="" src="/userfiles/images/citizens.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 25px;" />Citizens Bank International on Wednesday, July 24 installed its 36th ATM terminal at Bhat- Bhateni Supermarket, Bhat-Bhateni. </div>
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<div>
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<div>
<strong>NIBL Debentures Allotted </strong></div>
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<img alt="Nepal Investment Bank Limited (NIBL)" src="/userfiles/images/nibl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 24px;" />Nepal Investment Bank Limited (NIBL) has allotted Rs.500 million Redeemable “8% NIB Debenture 2077” to general public on (6th Shrawan, 2070), It is refunding money to the non-allottee investors from 11th Shrawan, 2070. </div>
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<strong>Manaslu IPO </strong></div>
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<img alt="" src="/userfiles/images/manaslu.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 33px;" />Manaslu Bikas Bank Ltd is going for initial public offering (IPO). The bank is going to issue 3,60,000 ordinary shares to the public at par value of Rs 100. </div>
<div>
</div>
<div>
</div>
<div>
<strong>Grade 4 for Mahakali IPO </strong></div>
<div>
<img alt="" src="/userfiles/images/icra.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 46px;" /><img alt="Mahakali Bikas Bank Limited" src="/userfiles/images/mahakali.jpg" style="float: left; margin: 0px 10px 0px 0px;height: 22px; width: 100px;" />ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.</div>
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<strong>EIC Employee on Strike </strong></div>
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<div>
</div>
<div>
</div>
<div>
<strong>NB Bank Awarded for Best Financial Report </strong></div>
<div>
<img alt="Nepal Bangladesh Bank" src="/userfiles/images/nb%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year. </div>
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<strong>Laxmi at Waling and Kohalpur </strong></div>
<div>
<img alt="Laxmi Bank" src="/userfiles/images/laxmi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 40px;" />Laxmi Bank has opened branches at Waling, Syanga and Kohalpur, Banke. After these, the number of branches of bank reached 33. </div>
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<div>
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<div>
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<strong>Sanima at Hetauda </strong></div>
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<img alt="Sanima Bank Limited (Sanima) " src="/userfiles/images/sanima%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 13px;" />Sanima Bank Limited (Sanima) has opened its 25th branch at Hetauda. The branche was jointly inaugurated by the Chairman, Jiba Lamichhane and Brand Ambassador of Sanima, Hari Bansha Acharya & Madan Krishna Shrestha (MAHA). </div>
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</div>
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<strong>Citizens’ ATM at Bhat-Bhatani </strong></div>
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<img alt="" src="/userfiles/images/citizens.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 25px;" />Citizens Bank International on Wednesday, July 24 installed its 36th ATM terminal at Bhat- Bhateni Supermarket, Bhat-Bhateni. </div>
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<div>
<strong>NIBL Debentures Allotted </strong></div>
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<img alt="Nepal Investment Bank Limited (NIBL)" src="/userfiles/images/nibl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 24px;" />Nepal Investment Bank Limited (NIBL) has allotted Rs.500 million Redeemable “8% NIB Debenture 2077” to general public on (6th Shrawan, 2070), It is refunding money to the non-allottee investors from 11th Shrawan, 2070. </div>
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<strong>Manaslu IPO </strong></div>
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<img alt="" src="/userfiles/images/manaslu.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 33px;" />Manaslu Bikas Bank Ltd is going for initial public offering (IPO). The bank is going to issue 3,60,000 ordinary shares to the public at par value of Rs 100. </div>
<div>
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<div>
</div>
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<strong>Grade 4 for Mahakali IPO </strong></div>
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<img alt="" src="/userfiles/images/icra.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 46px;" /><img alt="Mahakali Bikas Bank Limited" src="/userfiles/images/mahakali.jpg" style="float: left; margin: 0px 10px 0px 0px;height: 22px; width: 100px;" />ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.</div>
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<strong>EIC Employee on Strike </strong></div>
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<strong>NB Bank Awarded for Best Financial Report </strong></div>
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<strong>EIC Employee on Strike </strong></div>
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<strong>NB Bank Awarded for Best Financial Report </strong></div>
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<img alt="Nepal Bangladesh Bank" src="/userfiles/images/nb%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year. </div>
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<strong>NIBL Debentures Allotted </strong></div>
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<strong>Manaslu IPO </strong></div>
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<strong>Grade 4 for Mahakali IPO </strong></div>
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Money Matters News In Brief (29 July - 4 August 2013)
3 min 14 sec to read
EIC Employee on Strike
Employees of Everest Insurance Company (EIC) are on strike from Wednesday (July 24). After Insurance Board has partially banned on EIC to handle fire insurance business, it has not been capable to renew its license. So, stating that the Insurance Board and the management team of company have not taken any steps to change the situation, the employees of the EIC have been on strike daily from July 24.
NB Bank Awarded for Best Financial Report
Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year.
Laxmi at Waling and Kohalpur
Laxmi Bank has opened branches at Waling, Syanga and Kohalpur, Banke. After these, the number of branches of bank reached 33.
Sanima at Hetauda
Sanima Bank Limited (Sanima) has opened its 25th branch at Hetauda. The branche was jointly inaugurated by the Chairman, Jiba Lamichhane and Brand Ambassador of Sanima, Hari Bansha Acharya & Madan Krishna Shrestha (MAHA).
Citizens’ ATM at Bhat-Bhatani
Citizens Bank International on Wednesday, July 24 installed its 36th ATM terminal at Bhat- Bhateni Supermarket, Bhat-Bhateni.
NIBL Debentures Allotted
Nepal Investment Bank Limited (NIBL) has allotted Rs.500 million Redeemable “8% NIB Debenture 2077” to general public on (6th Shrawan, 2070), It is refunding money to the non-allottee investors from 11th Shrawan, 2070.
Manaslu IPO
Manaslu Bikas Bank Ltd is going for initial public offering (IPO). The bank is going to issue 3,60,000 ordinary shares to the public at par value of Rs 100.
Grade 4 for Mahakali IPO
ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.
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<strong>EIC Employee on Strike </strong></div>
<div>
<img alt=" Everest Insurance Company (EIC)" src="/userfiles/images/eic.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Employees of Everest Insurance Company (EIC) are on strike from Wednesday (July 24). After Insurance Board has partially banned on EIC to handle fire insurance business, it has not been capable to renew its license. So, stating that the Insurance Board and the management team of company have not taken any steps to change the situation, the employees of the EIC have been on strike daily from July 24. </div>
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<strong>NB Bank Awarded for Best Financial Report </strong></div>
<div>
<img alt="Nepal Bangladesh Bank" src="/userfiles/images/nb%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year. </div>
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<strong>Laxmi at Waling and Kohalpur </strong></div>
<div>
<img alt="Laxmi Bank" src="/userfiles/images/laxmi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 40px;" />Laxmi Bank has opened branches at Waling, Syanga and Kohalpur, Banke. After these, the number of branches of bank reached 33. </div>
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<img alt="Sanima Bank Limited (Sanima) " src="/userfiles/images/sanima%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 13px;" />Sanima Bank Limited (Sanima) has opened its 25th branch at Hetauda. The branche was jointly inaugurated by the Chairman, Jiba Lamichhane and Brand Ambassador of Sanima, Hari Bansha Acharya & Madan Krishna Shrestha (MAHA). </div>
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<strong>NIBL Debentures Allotted </strong></div>
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<strong>Manaslu IPO </strong></div>
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<strong>Grade 4 for Mahakali IPO </strong></div>
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<strong>NB Bank Awarded for Best Financial Report </strong></div>
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<strong>NIBL Debentures Allotted </strong></div>
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<strong>NB Bank Awarded for Best Financial Report </strong></div>
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<strong>NIBL Debentures Allotted </strong></div>
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<img alt="" src="/userfiles/images/icra.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 46px;" /><img alt="Mahakali Bikas Bank Limited" src="/userfiles/images/mahakali.jpg" style="float: left; margin: 0px 10px 0px 0px;height: 22px; width: 100px;" />ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.</div>
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<strong>EIC Employee on Strike </strong></div>
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<img alt=" Everest Insurance Company (EIC)" src="/userfiles/images/eic.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Employees of Everest Insurance Company (EIC) are on strike from Wednesday (July 24). After Insurance Board has partially banned on EIC to handle fire insurance business, it has not been capable to renew its license. So, stating that the Insurance Board and the management team of company have not taken any steps to change the situation, the employees of the EIC have been on strike daily from July 24. </div>
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<strong>NB Bank Awarded for Best Financial Report </strong></div>
<div>
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<strong>Laxmi at Waling and Kohalpur </strong></div>
<div>
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</div>
<div>
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<div>
<strong>NIBL Debentures Allotted </strong></div>
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<img alt="Nepal Investment Bank Limited (NIBL)" src="/userfiles/images/nibl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 24px;" />Nepal Investment Bank Limited (NIBL) has allotted Rs.500 million Redeemable “8% NIB Debenture 2077” to general public on (6th Shrawan, 2070), It is refunding money to the non-allottee investors from 11th Shrawan, 2070. </div>
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<strong>Manaslu IPO </strong></div>
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<img alt="" src="/userfiles/images/manaslu.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 33px;" />Manaslu Bikas Bank Ltd is going for initial public offering (IPO). The bank is going to issue 3,60,000 ordinary shares to the public at par value of Rs 100. </div>
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<div>
</div>
<div>
<strong>Grade 4 for Mahakali IPO </strong></div>
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<img alt="" src="/userfiles/images/icra.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 46px;" /><img alt="Mahakali Bikas Bank Limited" src="/userfiles/images/mahakali.jpg" style="float: left; margin: 0px 10px 0px 0px;height: 22px; width: 100px;" />ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.</div>
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<strong>EIC Employee on Strike </strong></div>
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<strong>NB Bank Awarded for Best Financial Report </strong></div>
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<img alt="Nepal Bangladesh Bank" src="/userfiles/images/nb%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year. </div>
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<strong>Laxmi at Waling and Kohalpur </strong></div>
<div>
<img alt="Laxmi Bank" src="/userfiles/images/laxmi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 40px;" />Laxmi Bank has opened branches at Waling, Syanga and Kohalpur, Banke. After these, the number of branches of bank reached 33. </div>
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<img alt="Sanima Bank Limited (Sanima) " src="/userfiles/images/sanima%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 13px;" />Sanima Bank Limited (Sanima) has opened its 25th branch at Hetauda. The branche was jointly inaugurated by the Chairman, Jiba Lamichhane and Brand Ambassador of Sanima, Hari Bansha Acharya & Madan Krishna Shrestha (MAHA). </div>
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<strong>Citizens’ ATM at Bhat-Bhatani </strong></div>
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<img alt="" src="/userfiles/images/citizens.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 25px;" />Citizens Bank International on Wednesday, July 24 installed its 36th ATM terminal at Bhat- Bhateni Supermarket, Bhat-Bhateni. </div>
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<strong>NIBL Debentures Allotted </strong></div>
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<img alt="Nepal Investment Bank Limited (NIBL)" src="/userfiles/images/nibl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 24px;" />Nepal Investment Bank Limited (NIBL) has allotted Rs.500 million Redeemable “8% NIB Debenture 2077” to general public on (6th Shrawan, 2070), It is refunding money to the non-allottee investors from 11th Shrawan, 2070. </div>
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<strong>Manaslu IPO </strong></div>
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<img alt="" src="/userfiles/images/manaslu.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 33px;" />Manaslu Bikas Bank Ltd is going for initial public offering (IPO). The bank is going to issue 3,60,000 ordinary shares to the public at par value of Rs 100. </div>
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<div>
</div>
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<strong>Grade 4 for Mahakali IPO </strong></div>
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<img alt="" src="/userfiles/images/icra.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 46px;" /><img alt="Mahakali Bikas Bank Limited" src="/userfiles/images/mahakali.jpg" style="float: left; margin: 0px 10px 0px 0px;height: 22px; width: 100px;" />ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.</div>
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<strong>EIC Employee on Strike </strong></div>
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<div>
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<div>
<strong>NB Bank Awarded for Best Financial Report </strong></div>
<div>
<img alt="Nepal Bangladesh Bank" src="/userfiles/images/nb%20bank.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year. </div>
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<div>
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<div>
<strong>Laxmi at Waling and Kohalpur </strong></div>
<div>
<img alt="Laxmi Bank" src="/userfiles/images/laxmi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 40px;" />Laxmi Bank has opened branches at Waling, Syanga and Kohalpur, Banke. After these, the number of branches of bank reached 33. </div>
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<strong>Citizens’ ATM at Bhat-Bhatani </strong></div>
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<img alt="" src="/userfiles/images/citizens.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 25px;" />Citizens Bank International on Wednesday, July 24 installed its 36th ATM terminal at Bhat- Bhateni Supermarket, Bhat-Bhateni. </div>
<div>
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<div>
<strong>NIBL Debentures Allotted </strong></div>
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<img alt="Nepal Investment Bank Limited (NIBL)" src="/userfiles/images/nibl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 24px;" />Nepal Investment Bank Limited (NIBL) has allotted Rs.500 million Redeemable “8% NIB Debenture 2077” to general public on (6th Shrawan, 2070), It is refunding money to the non-allottee investors from 11th Shrawan, 2070. </div>
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<strong>Manaslu IPO </strong></div>
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<div>
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<div>
</div>
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<strong>Grade 4 for Mahakali IPO </strong></div>
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<img alt="" src="/userfiles/images/icra.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 46px;" /><img alt="Mahakali Bikas Bank Limited" src="/userfiles/images/mahakali.jpg" style="float: left; margin: 0px 10px 0px 0px;height: 22px; width: 100px;" />ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.</div>
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Employees of Everest Insurance Company (EIC) are on strike from Wednesday (July 24). After Insurance Board has partially banned on EIC to handle fire insurance business, it has not been capable to renew its license. So, stating that the Insurance Board and the management team of company have not taken any steps to change the situation, the employees of the EIC have been on strike daily from July 24. 
Nepal Bangladesh Bank has bagged 1st runner up award for best financial report. The annual award is given by Nepal Chartered Accountants’ Association. The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level. NB Bank made a remarkable improvement compared to last fiscal year. 
Laxmi Bank has opened branches at Waling, Syanga and Kohalpur, Banke. After these, the number of branches of bank reached 33. 
Sanima Bank Limited (Sanima) has opened its 25th branch at Hetauda. The branche was jointly inaugurated by the Chairman, Jiba Lamichhane and Brand Ambassador of Sanima, Hari Bansha Acharya & Madan Krishna Shrestha (MAHA). 
Citizens Bank International on Wednesday, July 24 installed its 36th ATM terminal at Bhat- Bhateni Supermarket, Bhat-Bhateni. 
Nepal Investment Bank Limited (NIBL) has allotted Rs.500 million Redeemable “8% NIB Debenture 2077” to general public on (6th Shrawan, 2070), It is refunding money to the non-allottee investors from 11th Shrawan, 2070. 
Manaslu Bikas Bank Ltd is going for initial public offering (IPO). The bank is going to issue 3,60,000 ordinary shares to the public at par value of Rs 100. 
ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 (Pronounced as ICRA NP IPO Grade Four) Rating to the Rs. 80 million Right Issue of Mahakali Bikas Bank Limited. Instruments with this rating are considered to have below-average fundamentals.
