Prabhu Bank introduces Wealth Management Services

Prabhu Bank Limited has introduced the service of Wealth Management from today, a new of its kind in Nepal. Under this scheme, head office of Prabhu bank has issued a wealth card to the customers has deposited a certain amount in any of the branches of the bank. The customers having wealth card can get advice from the expert regarding investments in share market, insurance policies, mutual funds, retirement fund and other profitable projects. After getting suggestions and advices from the experts of related fields, the customer can make an investment in such fields and get appropriate returns from it. Along these, debit and credit cards will be provided for free of cost, special discount and expedited banking services will be provided in loan services/ administration charge, electronic banking transaction charge, mobile banking transaction cost and locker services. The bank has also made an agreement with different popular, reputed and service oriented institutions of the country. As per the agreement, the wealth customers will be getting special priority and discounts on the service charge provided by these institutions. In the first phase, Buddha Air, Air Asia, Bajeko Sekuwa, Grand Hotel, Bhojan Griha, Hotel Sangrila and Resort, Boleno Store, The North Face, Raymond shop, Grandy International Hospital, Norvic International Hospital and Kantipur Media Group will be providing special priority and attractive discount on services. After the successful merger of Prabhu bank and Grand bank, the paid up capital of prabhu bank has reached to Rs. 524 arba and deposit to Rs 5,600 crore and loan and advances to Rs. 4,100 crore. The total branches of Prabhu Bank have reached 136 and ATM counters has reached 122 and the number of depositors has exceeded 7 .5 lakhs.