Under this scheme Samsung mobiles buyers will receive a scratch card on the purchase of any genuine Samsung mobile through which they will be able to win cash prizes and other gifts such as Samsung watches and mobile sets like Samsung 1205, 2252, Samsung Champ Neo Duos and Champ Deluxe Duos.
"The offer will be valid till November-end," a press release said.
Skoda MAW announces festive offer
KATHMANDU: Skoda MAW on Tuesday launched a festive scheme, under which the customers will be able to purchase a Skoda Fabia with a down payment of Rs 350,000 during the festive season. "The offer, we believe, will enable customers to purchase Skoda for much lower amount than normally required," the company said in a statement.
As for other brands and variants, Skoda MAW said it will also provide attractive offers for the festive season. “The festive season in Nepal is a time when many consumers purchase a car. Hence, cut in down payment is our unique offer to our customers this year so that they could own the European brand such as Skoda easily,” the statement quoted, Deepak Agrawal, general manager of the company as saying.
MCC delegation in Nepal
KATHMANDU: A delegation led by the Millennium Challenge Corporation (MCC) is in Nepal to work with the government in identifying the constraints to private investment and economic growth. “This is the first step in developing an MCC Threshold Program, which is a grant program designed to assist countries to become eligible for MCC compact assistance by focusing on targeted policy reforms to increase private investment and economic growth,” said a press statement issued by US Embassy in Kathmandu. MCC is a US government agency that works with developing countries that have a demonstrated commitment to good governance, economic freedom and investment in their citizens. MCC´s Board of Directors selected Nepal as eligible for the Threshold Program in December 2011.
Big Cinemas announces 25% off on Nepali movies
KATHMANDU: Big Cinemas at City Center is providing 25 percent off on Nepali movies. The cinema hall announced discount on Nepali movies to encourage customers to watch Nepali movie at a time when Hindi movies are banned, said a statement issued by the company.
Citizens Bank to give 8.42% cash dividend
KATHMANDU (REPUBLICA): Citizens Bank is extending cash dividend of 8.42 percent from the earnings made in the last fiscal year ended July 15, says a bank statement. The information was disclosed at the 6th annual general meeting of the bank held in Kathmandu on Tuesday. The commercial bank generated an operating profit of Rs 388.3 million and a net profit of Rs 222.9 million in the last fiscal year. The bank also collected deposits of Rs 17.35 billion and extended loans of Rs 14.15 billion in the last fiscal year. The bank currently extends its services through 33 branch offices and 31 automated teller machines.
NBTI to organize risk management conference
KATHMANDU: National Banking Training Institute (NBTI) is organizing a day-long National Risk Management Conference 2012 in Kathmandu on October 8. The conference, which will deliberate on various risks ranging from credit and operational risks to liquidity risks, is expected to be participated by over 200 delegates, including board directors, CEOs, general managers, chief operating officers and heads of risk department from category ´A´, ´B´, ´C´ and ´D´ financial institutions, states an NBTI statement. The conference will be inaugurated by Nepal Rastra Bank Governor Yuba Raj Khatiwada and will feature speakers from across the region, including Supreeya Pipatmanomai from Standard Chartered Bank-Thailand, Sujit Mundul, director of Standard Chartered Bank-Nepal, Parshuram K Chettri, ex-CEO of Bank of Asia Nepal, Vasant Godse, ex-faculty NIBM, Pune, and senior NRB officials.
Kailash Bikas Bank turns 20
KATHMANDU: Kailash Bikas Bank, a category ´B´ financial institution, has turned 20. The bank, which is currently providing services through 22 branches, has collected deposits of Rs 5.25 billion so far and has extended Rs 4.48 billion in loans till date, according to a press statement issued by the bank. Since its inception, the bank has consistently been earning profits.
Sindhu Bank appoints GrowMore as share issue manager
KATHMANDU: Sindhu Bikas Bank, a category ´B´ financial institution which is soon launching initial public offering (IPO), has appointed GrowMore Merchant Banker as its share issue manager. The bank is floating 490,000 units of shares with a face value of Rs 100 each to the public very soon. Once the IPO completes, the bank, which has its head office in Barhabise of Sindhupalanchowk, will have a paid-up capital of Rs 100 million. The bank collected Rs 500 million in deposits and extended Rs 400 million in loans till mid-Sept. The bank has a customer base of 15,000.
Honda announces festive scheme
KATHMANDU: On the auspicious occasion of Dashain and Tihar, Syakar Company has announced scheme named ´Honda Dashain Tihar Harsollash Yojana´ on Honda two-wheelers. According to a press statement issued by the company, customers will get a scratch card on every purchase through which they can win Rs 4,000 to Rs 100,000. In addition to that, customers can get 20 free servicing for the span of 5 years worth Rs 5,600 and 10 percent discount on spare parts for five years, according to the statement.
Festive offer on TCL
KATHMANDU: CG Electronics has announced a festive offer named ´TCL Chaadi ko Chaska´ for customers buying TCL television. According to a press statement issued on Tuesday, customers buying TCL´s 24 inch, 32 inch or 42 inch television will get 5, 10 and 20 grams of silver coins, respectively. "TCL is the fifth largest LCD television manufacturer in the world, the highest selling in China and has an extensive range of products," EOL -- a subsidiary of Chaudhary Group that recently bagged TCL dealershop for Nepal -- said in the statement. EOL has introduced TCL´s LCD, LED and CRT televisions along with chest freezers and washing machines in Nepal.
´Samsung Swadotsav´ scheme launched
KATHMANDU : Him Electronics -- the authorized dealer of Samsung -- has launched its festive scheme ´Samsung Swadotsav´ on the occasion of Dashain and Tihar. Under this scheme, consumers will get guaranteed attractive prizes with the purchase of every Samsung product. Customers will get Bajaj hand blender with the purchase of Samsung´s 22 inch to 32 inch LCD and LED TV, Bajaj juicer mixer grinder with TVs beyond 32 inch, Bajaj pressure cooker with conventional TV and single door refrigerator, Himstar rice cooker with double door refrigerator, Himstar induction cooker with top loading and front loading washing machines and 50 free photo print coupons and memory cards with camera, among others, said the statement.
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