MoU

Citizens Bank Partners with Vinayak Hospital: Up to 10% Discount for Cardholders & Mobile Banking Users 1
Business | Market | Economy

Citizens Bank Partners with Vinayak Hospital: Up to 10% Discount for Cardholders & Mobile Banking Users

Introducing an exclusive partnership between Citizens Bank International Limited (CZBIL) and Vinayak Hospital & Maternity Home Pvt. Ltd., Tokha, Kathmandu! As of 19th Magh 2080, customers holding Citizens Bank International cards or utilizing mobile banking services are in for a treat. With the newly signed Memorandum of Understanding (MoU), Vinayak Hospital extends a generous discount […]

"Prabhu Capital Partners with Total Physical Fitness Centre to Offer 28% Discount to Demat Holders" 3
Business | Market | Economy

“Prabhu Capital Partners with Total Physical Fitness Centre to Offer 28% Discount to Demat Holders”

  Prabhu Capital has entered into an agreement with Total Physical Fitness Centre to offer customers a 28% discount and a complimentary sauna coupon. This exclusive deal can be accessed by clients of the merchant bank by providing their demat service number. The Memorandum of Understanding (MoU) was formalized during a ceremony, involving Prabhu Capital’s

"Kumari Bank Partners with Classic Industries for 15% Mattress Discount" 5
Business | Market | Economy

“Kumari Bank Partners with Classic Industries for 15% Mattress Discount”

  Kumari Bank has partnered with Classic Industries to offer a generous 15% discount on mattresses to their cardholders and mobile banking users. This special deal aims to benefit customers making purchases from the company. Kumari Bank operates through an extensive network comprising 304 branches, 307 ATM outlets, 63 branchless banking units, and 49 extension

FonePay IPO : Signs MOU with NMB Capital as IPO Advisor 7
IPO | FPO

FonePay IPO : Signs MOU with NMB Capital as IPO Advisor

FonePay, the driving force behind Nepal’s digital payment system, is making significant strides towards launching its initial public offering (IPO). The company’s CEO, Diwas Sapkota, announced the collaboration with NMB Capital, leveraging their expertise to prepare for the IPO and inspire other tech companies in Nepal. With over 1.7 million mobile banking app and digital

Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector's capability. 9
Business | Market | Economy

Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.

  On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst

Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount. 13
Business | Market | Economy

Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount.

  In addition to the new year’s special offer, the bank is offering a 0.25% discount on the service charge for both of these loan schemes for female home/business owners for a limited time. According to the media statement, borrowers can also receive up to 100% of the cost of the home/building as a loan

Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions. 23
IPO | FPO

Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions.

From now, that is, on 12 Falgun through 26 Falgun, 2079, the current promoters of Prabhu Bank Limited (PRVU) are selling its 46,74,396 unit promoter share at an auction. There will be an auction for 46,74,396 units of promoter shares. In an auction, bids may be submitted by institutions, businesses, or individual investors. The minimum

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