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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
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<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
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<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
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<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
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<img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div>
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<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
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<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
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<div>
<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
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<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
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<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
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<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
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<img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div>
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<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
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<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
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<div>
<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
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<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
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<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
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<div>
<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
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<img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div>
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<div>
<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
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<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
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<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
<div>
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<div>
<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
<div>
<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
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<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
<div>
<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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Money Matters News In Brief (9 - 15 December 2013)
3 min 1 sec to read
Jyoti, Sewa in Remittance Pact
Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries.
Best Remit Signs Pact with 11 BFIs
In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs.
Reliance Finance in Fifth Year
Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period.
Triveni to Distribute 20pc Dividend
The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.
BOK Joins Hand with BHCT
Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
<div>
<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
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<div>
<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
<div>
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<div>
<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
<div>
<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
<div>
</div>
<div>
<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
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<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
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<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
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<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
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<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
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<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
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<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
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<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
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<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
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<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
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<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
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<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
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<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
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<div>
<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
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<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
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<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
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<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
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<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
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<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
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<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
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<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
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<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
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<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
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<img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div>
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<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
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<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
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<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
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<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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<span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div>
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<img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div>
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<strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div>
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<img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div>
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<strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div>
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<strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div>
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<img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div>
<div>
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<strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div>
<div>
<img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>',
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Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. 
In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. 
Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. 
The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.
Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.
