NB Bank opens 18th branch

Nepal Bangladesh Bank on Thursday opened its 18th branch at Sallaghari in Bhaktapur. Issuing a press release, the bank said that the branch will provide all modern banking services to its customers. The branch also has automated teller machine (ATM) services. Prior to this, the bank was operating 17 branches and its client base stood at 115,000. The bank has also revised its special fixed deposit schemes, under which the customers can now open accounts at Rs 111,000. Previously, the customers could open accounts under this scheme at Rs 555,000. The bank has is also planning to install seven new ATMs within this fiscal. It also formally launched internet banking services from Thursday. The bank also said that it would start issuing loans against gold and gold jewelries by the end of this fiscal.

Source: myrepublica.com