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TAAN, workers' association ink deal<br/>Kasthamandap Dev Bank turns 3

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KATHMANDU, Oct 11: Trekking Agencies´ Association of Nepal (TAAN) and All Nepal Tourism Workers´ Association (ANTWA) inked a five-point deal on Sunday, raising the daily wage of trekking workers by Rs 150 a day on tea-house trekking and Rs 100 a day on camping trek with immediate effect. [break]



Both the sides also agreed to form a task force of concerned stakeholders to address other demands of workers, including clothing bank, insurance and permanent appointment, in a package.



"The task force will submit its report by December 15 and its recommendations would be implemented from January 2010. A representative of Ministry of Labour and Transport Management will also be included in the task force," TAAN president Sitaram Sapkota said, after signing the agreement.



Following the agreement, ANTWA has called off its protest programmes.





Kasthamandap Dev Bank turns 3



KATHMANDU, Oct 11: Kasthamandap Development Bank completed two years of operation on Sunday.



Issuing a statement, the bank said it had managed to open eleven branches in different parts of the countries apart from its headquarters in New Road, Kathmandu. The bank said it had managed to steadily increase deposits and loans and had also operated in profit right from its beginning.



The bank also operates evening counter services and provides ATM and other ´modern´ banking services targeted at all classes of clients, it said.





BoK launches Visa credit card



KATHMANDU, Oct 11: Bank of Kathmandu (BoK) has started issuing BoK Visa Credit Card, it said in a statement Sunday.



Announcing the launch of the new card, BoK said that a portion of the fees from the card will be used to support the fight against climate change through programs of National Trust for Nature Conservation (NTNC). The card is also valid in India, the bank said.



BoK currently offers banking service through 31 POS through out the country and has ATMs in 27 locations.



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