Nic bank ltd
has introduced a new deposit
scheme ‘NIC shareholders
savings account’ for its
shareholders. As one of the
innovative commercial banks,
NIC Bank has about 33,000
shareholders. The main
objective of the scheme is
to accumulate the widely
scattered shareholders’
deposits and provide them
modern and innovative
banking services plus a good
return on their savings,
states a press release.
Shareholders can open an
account at Rs 1,000 but can
benefit from a host of
attractive services
including free NIC CashCard,
SMS banking, accidental
insurance amounting to Rs
100,000, and inward
remittances along with
interest rate of four per
cent. “The shareholders will
no longer need to queue to
receive dividend payments,
as the same will be directly
credited to the account,”
the release states.
Other banking news and
articles:
Profit Nepal Merchant
Banking and Finance
5-1-2007
Asian Development bank
study on transport
5-1-2007
Global Bank in Nepal
4-1-07
Saving scheme for Child
Labourers (2-1-07)
recovery plan for bad
loans (1-1-07)
progress on internet
banking (1-1-07)
Nepal banks rush into consumer lending
development plan & economic
stability
Saving scheme - Kumari
Bank
Indian
currency reserve of central bank of Nepal is declining
Banks to far away from clients
welfare deposits at risk
Housing & auto loans dominate consumer financing
|