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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
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<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
<div>
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service. </div>
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</div>
<div>
<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. “The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,” Rajendra Pudasaini, Marketing Manager of the bank informed. He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
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<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. “After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,” informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details. </div>',
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
<div>
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. “The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,” Rajendra Pudasaini, Marketing Manager of the bank informed. He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. “After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,” informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details. </div>',
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
<div>
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. “The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,” Rajendra Pudasaini, Marketing Manager of the bank informed. He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. “After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,” informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details. </div>',
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
<div>
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. “The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,” Rajendra Pudasaini, Marketing Manager of the bank informed. He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
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<div>
</div>
<div>
<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
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<div>
</div>
<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
<div>
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
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<div>
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<div>
<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
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<div>
</div>
<div>
<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
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<div>
</div>
<div>
<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
<div>
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. “The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,” Rajendra Pudasaini, Marketing Manager of the bank informed. He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. “After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,” informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details. </div>',
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Money Matters News In Brief (16 - 22 December 2013)
3 min 10 sec to read
NUBL and BHCT Sign MoU
Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.
Citizens’ Branchless Banking in Jhapa
Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future.
Shah’s Tenure Extended
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank.
Gandaki Starts Mobile Banking Service
Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service.
Cosmos Share Applicantion Exceed Five Times than Demand
The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. “The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,” Rajendra Pudasaini, Marketing Manager of the bank informed. He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.
Tinau Bank provides 12 percent Bonus Share
Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. “After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,” informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details.
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
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<div>
<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
<div>
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. “The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,” Rajendra Pudasaini, Marketing Manager of the bank informed. He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
</div>
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<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. “After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,” informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details. </div>',
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
<div>
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. “The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,” Rajendra Pudasaini, Marketing Manager of the bank informed. He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
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<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
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<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
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<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
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Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
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<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
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Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
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<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
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<div>
</div>
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<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
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<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
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<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
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<div>
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<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
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Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
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<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
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<div>
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<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
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<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
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<div>
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<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
<div>
Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
<div>
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<div>
<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
<div>
Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
</div>
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<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service. </div>
<div>
</div>
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<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
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<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
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Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
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<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
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<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
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<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
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<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
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<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
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<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
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<div>
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<span style="font-size:14px;"><strong>Citizens’ Branchless Banking in Jhapa</strong></span></div>
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Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future. </div>
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<span style="font-size:14px;"><strong>Shah’s Tenure Extended</strong></span></div>
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Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank. </div>
<div>
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<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
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Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service. </div>
<div>
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<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
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<div>
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<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
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