SDBL, DDBL in remittance tie-up

KATHMANDU, Dec 18: Siddhartha Development Bank Ltd (SDBL) has signed an agreement with Deva Development Bank Ltd (DDBL) as part of its move to expand 'SDBL Trust Remit'. Issuing a statement, the development bank said that SDBL's CEO Ajay Kumar Mishra and DDBL's CEO Bijay Bahadur Shrestha signed the agreement on behalf of their respective companies.

“Following the agreement, remittances can be sent to 1,000 places across the country from all 37 branch offices of the DDBL through SDBL Trust Remit,” the statement added.

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