KIST Merchant Banking and Finance held its annual general meeting (AGM) on Saturday. Acting Governor of Nepal Rastra Bank, Bir Bikram Rayamajhi, inaugurated the AGM. The bank, which has been upgraded to category 'A', announced its new name KIST Bank Ltd. at the meeting. Rajendra Shakya and Kamal Prasad Gyawali have been elected director and chairman respectively for the next four years. The company opened branches in Ithari and Siddharthanagar last week and has said it plans to have 25 branches by the end of the current fiscal year.
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Ekantipur
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Friday, December 12, 2008
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