Century Commercial Bank agrees to issue bank guarantee of Rs 1.50 crore for foreign employment service providers in Nepal

Century Commercial Bank has decided to provide a bank guarantee service to the foreign employment service providers as per the recent amendment brought by the Nepal Government to the Foreign Employment Act 2064. The bank will now be issuing bank guarantee of Rs 1.50 crore for 5 years for the foreign employment service providers, as per the media statement.

The bank aims that the latest provision will help both the manpower service providers as well as the migrant Nepali workers who leave to different foreign destinations to work, as per the media statement.