Greenwood ADB VP

Asian Development Bank Board of Directors has extended the term of vice-president Lawrence Greenwood(jr) by two years to 27 february 2011. Greenwood previously Principal Deputy Assistant Secretary of the Bureau of Economic and Business Affairs,US Department of State, took office at ADB on february 28,2006 on a three year term.As vice-president for operation 2,Greenwood is responsible for the work of ADB's East Asia and southeast Asia Department.

Prime Bank to float IPO on may 24

Prime Commercial Bank Ltd will float its shares from may 24 through issue manager Citizen Investment trust. The bank is opening initial public offering of 3 million unit shares worth Rs 300 million including 120,000 unit shares allocated for employees.

STOCK MARKET HIGHEST-TODAY

Standard Charterd Bank Ltd
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LBL's new branch

Laxmi Bank Ltd promoted its 18th branch at Lagankhel in Patan. the branch offers personnel and retail banking solutions that pay interest up to 7 percent per annum, home loans, life insurance, credits cards, bill payment, e-banking services, and loans for small business.Laxmi bank has now 18 branch and 15 ATMs.

The IPOsun rises for Sunrise Bank

For the first two days- in the invite for primary share applications for Sunrise Bank, a total of 84,185 application worth over Rs 2.51 billion were collected.the primary issues of 37,50,000-unit shares worth Rs 375 million-the largest among commercial banks-at Rs 100 per unit par value each has been floated from Sunday.

Nabil 'acceptable'financial aide

The department of immigration and citizenship's National Office in Canberra, Australia has chosen Nabil Bank Ltd- as one of the 'acceptable financial institutions' to arrange necessary funding in the form of education loans to all nepali students who wish to pursue their further studies in Australia.

Nabil Jestha Bachat

Kathmandu:Nabil bank Ltd has launched a special savings scheme,Nabil Jestha Bachat, for senior citizens of 50 years and above.The scheme provides an interest rate of five percent per annum on daily balance, said the bank.Under the scheme the interest is paid every month that would help senior citizens manage their monthly expenses more conviently.

Bank of Scotland private international banking

Offsore Life Policies
provide the highly tax efficient saving vehicles.

Bank of Scotland Personnel Policy

Bank of Scotland personnel policy is gaining more priority and seems to be dominant over other policies of the banks.

Bank of America Policies-Discount Program Privacy Policy

Bank of Amarica Last updated the privacy policy 1/30/2008 to ensure the privacy of the customer.

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