Banking Activities

Banking Activities March 2016

March 2016   
Bank of Kathmandu (BoK) has established branch offices at Kailali in Lamki and Rajapur in Bardiya. Director of the bank Govinda Prasad Sharma inaugurated the Lamki branch office while director Prof. Dr Hem Raj Subedi opened the Rajapur branch in separate programmes on Feb 18, the bank . . . Read more »

Banking Activities February 2016

Mega Bank has launched 56 or 53 branchless banking service outlets in various part of the country, said the bank in a press release. According to the bank, these outlets are serving 18 districts outside the valley. . . . Read more »

Banking Activities January 2016

Bank of Kathmandu (BoK) Ltd has opened a new branch in Bellauri, Kanchanpur. Nepal Rastra Bank Deputy Governor Maha Prasad Adhikari inaugurated the branch amidst a function. BoK now has a total of 51 branches. This comes as part of the bank’s second partnership with the Sakchyam Access to Finance programme to open new branch offices in rural and semi-urban market segments in the mid and far-western districts of . . . Read more »

Banking Activities December 2015

Standard Chartered Bank Nepal has won the prestigious “Bank of the Year” award at The Banker Awards 2015. The award was announced at a grand gala dinner programme held at an award ceremony in London on December 2, a press release from the bank . . . Read more »

Banking Activities November 2015

NMB Bank started its integrated operation from Sunday after a historic merger with four financial institutes - Pathivara Bikash Bank, Clean Energy Development Bank, Prudential Finance including NMB Bank itself. The meerged bank has retained the name NMB . . . Read more »

Banking Activities October 2015

Himalayan Bank and Kathmandu Frontier Association (KFA) have agreed to provide bancassurance service. Ashoke Rana , Chief Executive Officer of Himalayan Bank and Resta Jha, acting president of KFA signed the agreement on behalf of their respective . . . Read more »

Banking Activities September 2015

Kaski Finance and Kamana Bikas Bank are set to merge into a national-level development bank. The merger agreement was signed on August 3. The new bank will be named Kamana Bikas Bank, and it will use the logo of Kaski Finance for official . . . Read more »

Banking Activities August 2015

Yeti Development Bank has distributed mats to 150 earthquake families affected by the April earthquake in Bhaktapur, as part of its Corporate Social Responsibility (CSR). Deepanjali Kahkurel, the bank’s assistant marketing and PR manager, and Aash Jareju, head of the bank’s Bhaktapur branch, jointly distributed the . . . Read more »

Banking Activities July 2015

July 2015   
Metro Development Bank has opened another branch in Pokhara. The new branch operating in Talchok of Lekhnath municipality is the Pokhara-based bank’s sixth . . . Read more »

Banking Activities June 2015

June 2015   
Lumbini Bank Limited has introduced a new savings deposit product targeted at senior citizens called “Lumbini Aatma Nirbhar Bachat Khata”. This account can be opened by people of 55 years of age and above with a minimum balance of Rs 500 at an interest rate of four percent on a monthly . . . Read more »

Banking Activities April 2015

April 2015   
Standard Chartered Bank, Nepal has won ‘The Global Finance World’s Best Banks 2015 Awards’ for Nepal conferred by the Global Finance magazine. The Bank also shares the title of ‘The World’s Best Emerging Markets Banks in Asia-Pacific 2015’ along with other winners in the . . . Read more »

Banking Activities March 2015

March 2015   
Himalayan Bank Limited has started the operation of its Representative Office in Kuala Lumpur, Malaysia. Chairman of the Bank Manoj Bahadur Shrestha inaugurated the Office Medan Pasar, Kuala Lumpur amidst a . . . Read more »

Banking Activities February 2015

Himalayan Bank Limited has installed its 79th ATM in the premises of Hotel Shangri-la, Lazimpat. The ATM was jointly inaugurated by CEO of Himalayan Bank Ltd Ashoke SJB Rana and Chairman of Hotel Shangri-la Shyam Bahadur . . . Read more »

Banking Activities January 2015

Standard Chartered Nepal organized a fund raising programme ‘Walkathon 2014 - Walk for a Brighter Tomorrow’ on 22nd November. According to the Bank, the Walkathon was organized to raise funds in partnership with its stakeholders to increase awareness . . . Read more »

Banking Activities December 2014

Civil Bank has started its third Branchless Banking service in Rumjatar of Okhaldhunga through Rumjatar Savings and Credit Co-operative Limited. The service was inaugurated by Senior Executive Officer of the Bank Govinda Gurung. . . . Read more »

Banking Activities November 2014

Century Bank and Samriddha Pahad have signed an MOU with an aim to uplift the financial status of people living in rural areas by financing in agriculture, livestock, entrepreneurship and business sectors through co-operatives situated in remote . . . Read more »

Banking Activities September 2014

Standard Chartered Bank, Nepal has received Global Finance - World's Best Consumer Internet Bank Awards 2014 for Nepal in Asia Pacific category. The award was announced in New York on 24th July, 2014 by Global Finance as the First Round winners . . . Read more »

Banking Activities October 2014

Prabhu Bank Limited, formed after the merger between Kist Bank, Prabhu Bikas Bank, Gaurishankar Development Bank and Zenith Finance has started its operation from 15th . . . Read more »