Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]

Money Matters News In Brief (7 - 13 October 2013)

  2 min 56 sec to read

NCM Merchant Appointed Yeti’s Share Registrar 
NCM Merchant Banking has been appointed as the share registrar of Yeti Development Bank Ltd. Bhushan Shamsher JB Rana, CEO of the Bank, and NCM Merchant Banking Ltd Managing Director Bijay Lal Shrestha, have signed an agreement on this regard. Yeti Development Bank has begun operation after a merger between Manakamana Development Bank Ltd, Valley Finance Ltd and Yeti Finance Ltd.
 
Prabhu’s Service Center in Nuwakot
Prabhu Money Transfer Company has started its service center in Nuwakot. Prabhu has made the Bidur-based Panchakanya Multipurpose Cooperative its service center. Panchakanya Cooperative has been long working as an agent of Prabhu Money Transfer. Director of Prabhu Management inaugurated the newly established service center last Monday. Though the company has seven service centers in Kathmandu, it established its first service center in Nuwakot outside the Kathmandu Valley.  The company has said that the establishment of the service center was a part of its campaign to extend remittance services in remote parts of the country.
 
Sansar Remit to Bring Remittance from Japan
Sansar Remit Pvt Ltd is preparing to bring remittance funds from Japan. According to the company’s Chairperson Pradip Shrestha, it will begin service after the Dashain festival with some new schemes. It is currently providing remittance services from Portugal, Spain and Italy. After Japan, the company will also start its service from America, Australia and other countries.
 
Dr Bhattarai appointed Janata Bank’s CEO
Dr Ramesh Kumar Bhattarai has been appointed as the Chief Executive Officer (CEO) of the Janata Bank Nepal Ltd. The meeting of the Board of Directors of the Janata Bank held on September 24 decided to appoint Dr Bhattarai as the CEO of the Bank. According to the press release of the Janata Bank, Dr Bhattarai will assume the post of the CEO from October 9. Dr Bhattarai, a retired administrator of the Employees Provident Fund, has an experience of more than 10 years on working with various commercial banks and public enterprises. 
 
Jyoti and City Express in Agreement
Jyoti Development Bank Ltd and City Express Money Transfer have struck an agreement on remittance services. The bank’s CEO Govinda Prashad Upadhyaya and the Managing Director of City Express Money Transfer, Chandra Tandon, signed the agreement last Tuesday. Remittance services from this agreement will be available from all branch offices of the Jyoti Development Bank.
 
Nabil’s Online Account Opening Facility
Nabil Bank has initiated a service to open bank accounts through the online system. The bank has said that the facility was initiated to save the time of its customers and increase banking access among people. “We have begun this service as per our commitment to provide automated banking services,” Chief Executive Officer of the Bank, Anil Gyawali, said. The bank has claimed that this service is the first of its kind in Nepal. According to the bank, people can open their account by submitting a request online through the bank´s website: www.nabilbank.com.

Deprecated (16384): Using key `action` is deprecated, use `url` directly instead. [CORE/Cake/View/Helper/FormHelper.php, line 383]
No comments yet. Be the first one to comment.