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Nepal Securities Board is searching for Class 'A' banks to invest in fixed deposit accounts

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NEPSE trading

Nepal Securities Board is searching for Class 'A' banks to invest in fixed deposit accounts

The Nepal Securities Board is currently seeking Class 'A' banks to invest its investable funds and the funds from its perpetual fund into fixed deposit accounts. The board has invited interested banks to submit sealed proposals, including a one-year interest rate.

Application Deadline: Within 5 working days from today.
Required Documents: Interested banks must submit the sealed proposal along with the necessary documents proving their eligibility.
Opening of Sealed Bids: On the final day at 5:15 PM at the board's office in Khumaltar.
Form and Additional Information: The form is available on the board's website, and for further information, banks are advised to contact the board's finance and accounting department.

Banks must submit their sealed proposals with the one-year interest rate they can offer, along with the required documents. This opportunity will enable banks to hold the board's funds in fixed deposit accounts.

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