With the branch at Bagar, Fewa Finance now has a network of seven branches in Pokhara, Kathmandu and Jomsom. [break]
The company claims to have given away 84 percent cash dividend to its shareholders. The company aims to provide its customers with ATM facilities and convert itself into a development bank in the near future, according to the statement.
Machhapuchhre Bank opens four branches
KATHMANDU, May 30: Machhapuchhre Bank Limited opened four new branches at Phidim, Birtamod, Nepalgunj and Dhangadhi on Sunday. The new branches are offering all modern banking services like ATM service, evening counters and 365 days banking, the bank said in a statement.
It also provides its customers with ABBS (any branch banking service), telephone bill paying service, mobile phone bill paying service, internet banking facilities and SMS banking facilities.
The bank, which started operations from Pokhara in 2000, currently operates with a network of 38 branches and 45 ATM terminals across the country. It is also planning to open new branches at Kanchanpur, Tulsipur, Surkhet, Taplejung, Lagankhel and Asan in Kathmandu.
Laxmi Hyundai announces World Cup winners
KATHMANDU, May 30: Laxmi Hyundai -- the official partner of Hyundai vehicles for Nepal - on Sunday announced Rameshwor Rijal from Biratnagar and Babujan Thapa from Gothatar, Kathmandu as the winners of full-package trip to South Africa to watch FIFA World Cup matches.
The package includes match ticket, two way air ticket, hotel accommodation for three nights (including meal) and visa fee. Customers buying Hyundai vehicles between May 17 and June 10 are eligible to participate in the campaign.
Laxmi Hyundai will announce other two winners on June 10.
DCBL in Sanepa, Teku
KATHMANDU, May 30: DCBL Bank has brought its eleventh and twelfth branches into operation from Sunday. The branches situated in Sanepa and Teku will conduct all the banking operation as permitted by Nepal Rastra Bank, the bank said in a press statement.
After the inauguration of Sanepa branches, the bank in collaboration with Rotary Club of Bagamati handed over a check for Rs 100,000 for ´Quit Smoking Program´ as per the bank´s Corporate Social Responsibility initiative.
With the inauguration of Teku branch, the bank organized a blood donation program which was attended by more than 35 employees and volunteers from Rotary Club of Bagmati. The bank is also planning to install eight ATM terminals across the country.
The bank mobilized deposits worth Rs 7.6 billion and has invested Rs 7.43 billion by the end of third quarter of the current fiscal year. It earned profits of Rs 116.8 million during the period, which was 57 percent more than what the bank earned in the same period last year.
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