Issuing a statement Wednesday, United Remit said EBL will now be providing MoneyGram Money Transfer Services from its 35 branches. United Remit already has 400 payout locations in Nepal covering almost all districts here, it said.
“This association will redefine remittance business of Nepal making remittance services easily available at very convenient locations,” the statement said, quoting United Remit director of business development Suraj Shakya.
Similarly, EBL CEO RK Ummat was quoted as saying that MoneyGram services would add extra mileage to the bank´s services. MoneyGram has over 180,000 agent locations in more than 190 countries and territories, the statement said.
Gurkha Choice rum unveiled
KATHMANDU, Nov 4: Scot and Scotts Nepal Pvt Ltd has introduced a new rum -- Gurkha´s Choice. The company said in a statement Wednesday that the rum will be an ´original XXX rum´ in the premium 25 under proof segment.
The company which manufactures Knight Club whiskey and Blue Dreams gin will be selling Gurkha´s Choice in 180 ml, 375 ml and 750 ml bottles. The company has dedicated the rum to Gurkha soldiers.
“Gurkha´s Choice Rum has been matured and blended with utmost care and priced competitively. As people prefer rum during the winter, the Gurkha´s Choice has been launched just before the start of the winter,” Scot and Scotts Nepal said.
SCB holds AGM
KATHMANDU, Nov 4: Standard Chartered Bank Nepal Ltd (SCB) held its 23rd annual general meeting on Wednesday, the bank said in a statement.
During the AGM, the bank reported an operating profit of Rs 1.51 billion and a net profit of Rs 1.03 billion for fiscal year 2008/09. This translates growths of 20.64 percent and 25.18 percent respectively, compared the previous year, it said. During fiscal year 2008/09, the bank´s deposits grew by 20.60 percent to stand at Rs 35.87 billion.
The AGM also approved the bank´s proposal of distributing 50 percent dividend in cash and issuing a bonus share for every two shares held for the year ended July 2009.
Promising another year of record performance next year, SCB Director Neeraj Swaroop, who chaired the AGM, assured shareholders that the bank was in a strong position to deal with emerging challenges and opportunities on an ongoing basis.
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