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Money Matters News In Brief (24 February - 2 March 2014)

  2 min 50 sec to read

Everest Bank Renews Contract with Sadichha Shrestha 
Sadichha ShresthaEverest Bank has renewed its contract with Sadichha Shrestha to continue her as its Brand Ambassador for further one year. Shrestha, former Miss Nepal has been promoting products and services of the Bank by featuring in advertisements as well as representing the Bank in different forums since last year. In a program held at the Bank’s head office, CEO AK Ahluwalia and Sadichha Shrestha exchanged the agreement. “Everest Bank is an established brand and is looked upon as a very strong Bank. Now, to make it a household name, Sadichha will continue to play an active role and we are quite hopeful in her ability to do so,” said Ahluwalia in the function.  
 
NMB Bank Opens Branch in Putalisadak
NMB BankNMB Bank Ltd has opened a new branch in Putalisadak, making the total number of branches operating in the country 26. The new branch is a relocation of the Bank’s previous branch at Durbar Marg.. Presently, the Bank is providing its services through its branches, 30 ATMs and other alternative delivery channels in different parts of the country.                 
 
Civil Bank Starts Branchless Banking
Civil Bank Starts Branchless BankingCivil Bank has started its Branchless Banking service from Tharpu VDC of Panchthar district. The service was jointly inaugurated by the CEO of the Bank Kishore Maharjan and DSP Deep Shamsher Rana. “For justifying and moving forward towards fulfilling our mission of becoming every Nepali’s banking partner by extending all types of banking services, we have launched this service targeting farmers residing in villages to big businesses in cities,” said Maharjan. Through this new service, customers will be able to avail facilities like secure fund withdrawal, fund deposit, fund transfer from one account to another, mobile phone recharge, ATM cards, remittance facility, MobilemaiNagad facility, SMS alert, checking of account balance and printing of statements among others. The Bank also informed that its employees have been assigned to the area for arranging micro credit in a simplified manner to interested customers for running Small and Medium Enterprises as well as Agro-businesses.  
 
Siddhartha Bank opens 42nd Branch in Birtamod
Siddhartha Bank Siddhartha Bank has inaugurated its 42nd branch at Birtamod, Jhapa on February 16. The branch was jointly inaugurated by the Chief District Officer of Jhapa Ekmani Nepal and Bank’s Director Poonam Chand Agrawal. According to a statement from the Bank, it will be providing a wide array of banking products and services along with ATM facility from the branch.

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