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BUSINESS BRIEFS: Nabil Bank's Cash Back

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KATHMANDU, Sept 18: Nabil Bank Limited has launched a special promotional scheme named Cash Back to its Visa debit card customers during the Dashain and Tihar festival. Issuing a press statement, the bank said the scheme will be effective from September 17 to November 16.



Under the scheme, all the Nabil bank Visa debit card customers will get one percent cash back on every purchase transaction they process through their Nabil Visa debit cards. The amount earned by each cardholder during the scheme period will be credited to customer´s bank account during the first week of November. [break]



In addition to the Cash Back scheme, the bank has also made discount arrangements with various merchants in the Kathmandu Valley. These merchants will provide discount to both debit and credit card holders of the bank on purchase of various goods and services, the statement added.





NMB Bank announces bonus shares



KATHMANDU, Sept 18: The board of directors of NMB Bank has declared to distribute 10 percent cash dividend and 10 percent bonus shares to its shareholders for fiscal year 2009/10.



Issuing a press statement, the bank said it posted a profit of Rs 225.9 million and operating profit of Rs 241.5 million during the period. The bank has decided to hold its 15th Annual General Meeting on October 10, according to the statement.





WorldLink celebrates 15th anniversary



KATHMANDU, Sept 18: WorldLink Communications -- a leading internet service provider -- celebrated its 15th anniversary by organizing a series of events this week.



Issuing a press statement, the company said it organized a motorbike rally on September 15 and also held a blood donation program on Friday. The blood donation program was organized at Staff College, Lalitpur, and a total of 113 people participated in it, according to the statement.



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