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Himalayan Bank and Max Money Sign Settlement Agreement

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Himalayan Bank and Max Money Sign Settlement Agreement

January 22: Himalayan Bank Limited (HBL) and Max Money Sdn Bhd, a Malaysian remittance company, have inked a settlement agreement.

The agreement was signed by Ashoke SJB Rana, chief executive officer of Himalayan Bank, and Mohammed Abd Hamid, chief executive officer of Max Money, in Kuala Lumpur, Malaysia. Furthermore, both parties have also signed a new remittance agreement to resume remittance business operation from Malaysia to Nepal.

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