BUSINESS BRIEFS: Pathibhara announces 13% dividend
KATHMANDU, Aug 20: Pathibhara Development Bank is giving away 13 percent cash dividend to its shareholders from profit generated till the last fiscal year ended July 15. The decision was taken by the annual general meeting of the bank held last Tuesday, a bank statement says.
The development bank collected Rs 1.11 billion deposits and issued Rs 760 million in loans last fiscal year. It generated an operating profit of Rs 21.5 million in the year. The development bank operates through 10 branch offices.
NBTI, HR Club organize workshop
KATHMANDU: National Banking Training Institute (NBTI) in association with HR Club Nepal organized a two-day HR Workshop from 17-18 August in Kathmandu. Various topics ranging from the role of human resources department in any company, including during mergers, occupational safety, work-life balance in banking and establishment of a common salary survey format were discussed during the two-day event participated by HR professionals, says a statement issued by NBTI.
Himalayan Bank supports orphans
KATHMANDU: Himalayan Bank has provided school uniform, shoes and blankets to 21 orphans residing in Helping Hands Children´s Home located in Chhauni, Kathmandu, as part of its corporate social responsibility, a bank statement says. The goods were handed over to orphans by Ashoke Shumsher Rana, CEO of the bank, and Sunil Joshi, general manager of the bank. Helping Hands is housing orphans from various parts of the country, according to the statement.
KFA conducts ICCAP training
KATHMANDU: KFA conducted Internal Capital Adequacy Assessment Process (ICAAP) training from August 17 to 18 in the capital. According to a press statement issued by the company, all trainees who took part in the training are senior bankers form commercial banks like NB Bank, NCC bank, Nepal Bank, Laxmi Bank, NMB Bank, Civil Bank and Lumbini bank and development banks like Sidhhartha Development Bank.
Hem Prasad Neupane, deputy director of Nepal Rastra Bank (NRB) and Maha Prasad Adhikari, deputy governor of NRB were the guest speakers. KFA was established in 2001 with the objective of contributing in the capacity building of the financial sector, according to the statement.