Survival of the fittest in banking and remittance business; now Banks agreeing to use each others’ branch network to survive  in the business

Wed, Aug 15, 2018 4:09 AM on Corporate, Latest,

Jyoti Bikas Bank and Kumari Bank on Shrawan 29, 2075 have agreed to cooperate each other in one another’s’ Remitance business by facilitating the flow of remittance amount through either of them. the agreement of the same was signed between CEO of the development bank Mr. Manoj Gyawali and Deputy CEO of the commercial bank Mr. Umesh Singh Bhandari amid a program. following the agreement, the 84 branches of Kumari Bank and 60 branches of Jyoti Bikas Bank will all be mobilized to disburse remittance amount sent home through each others’ remittance services.