Standard Chartered Bank was awarded 'Bank of the Year' by the Banker Magazine for their long-term strategic commitment to Asia, ability to deliver shareholder returns and gain strategic advantage.
Bike loans
Everest Bank is collaborating with Morang Auto Works to facilitate loans for the purchase of Yamaha bikes. It is the first bank to introduce bike finance in Nepal.
Helping hand
As part of their social commitment, Yeti Airlines is donating Rs 4 per flight ticket to four organisations, namely Helpless Children Welfare Mission, Itahari, Sewa Kendra Leprosy Relief, Kathmandu, Spinal Injury Rehabilitation Centre, Sangha, and Women for Human Rights, Kathmandu.
Soaring high
Thai Airways is celebrating its Golden jubilee this year. The first commercial airline to operate with jet services with SE210 Caravelle aircraft between Bangkok and Kathmandu, it has been serving Nepal for 41 years now.
Win-Win
Rabi Khadka won Tuesday's play-off of the third event of the Surya Nepal Golf Tour against Shiva Ram Shrestha. Rupak Acharya won the Amateur Section.
Buy and sell
A special scheme is now available to customers of Morang Auto Works purchasing Gladiator SS motorcycles. It offers 0% finance on finance purchase of bikes and a Rs 10,000 discount for customers who make cash purchase. The offer is valid till 15 January. Also, it is offering a 'Buy Back Guarantee' on Alba Motorcycles.
Inauguration
Jebile's Finance Limited was formally inaugurated by NRB's deputy governor Bir Bikram Rayamajhi this week. The finance company is run with
Rs 400 million authorised capital, Rs 200 million fixed assets and Rs 102 million current assets. The company has already collected Rs 168 million deposit and invested Rs 72.7 million.
Turning 20
Continental Trading Enterprises, the authorised distributor of Komatsu construction & mining equipment for Nepal is celebrating 20 years of partnership with Komatsu. The enterprise has extended its warranty on all equipment to two years.