Century Bank, Samriddha Pahad join hands to make investment in rural areas

Fri, Oct 10, 2014 12:00 AM on Others,

ShareSansar, October 10:

Century Commercial Bank Ltd (CCBL) and Sammriddha Pahad (SP) have signed an agreement toward uplifting the economic condition of the rural people.

The two institutions have agreed to make investment in agriculture, animal farming, small and medium enterprises (SMEs), among other business, at rural areas through cooperatives.

Upon the agreement, SP will identify the cooperatives and entrepreneurs and refer it to the CCCBL. The bank will provide the loans to the recommended projects.

CCBL’s acting CEO Anujmani Timilisina and SP’s CEO Arun Rana signed an agreement amid a ceremony held on Friday.