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News tagged 'Kumari Bank'

12 percent interest on Kumari Bank fixed-deposit accounts

Feb 18, 2017

KATHMANDU, Feb 15: Kumari Bank Ltd (KBL) has started a special fixed deposit account under which it will provide 12 percent interest rate. According to the bank, it will provide the interest amount on monthly basis. “Customers can open the fixed deposit account by depositing a minimum of Rs 100,000,” a statement issued by the bank said...

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Kumari Bank to acquire 4 financial institutions

Feb 2, 2017

Nepal Rasta Bank (NRB) has permitted Kumari Bank Ltd to acquire Kasthamandap Development Bank Ltd, Pashchimanchal Finance Company Ltd, Mahakali Bikas Bank Ltd and Kankrebihar Development Bank Ltd. Issuing a statement, the bank said that the joint committee for acquisition has decided to acquire all four institutions at the rate of Rs 85 per share ...

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