The most commonly used guarantees are as under:
Bid Bond (Tender Bond)
Performance Bond Guarantee
Advance Payment Guarantees
Counter Guarantee
Deferred Payment / Supplier Credit Guarantee
I take this opportunity to thank all the shareholders for the confidence, positive response towards us and in supporting us to achieve greater heights in our performance
With the strength of our senior management team, detail and broad market knowledge and true professionalism combined with excellent performance in every aspects, there is enough reasons for optimism, prominent amongst which is management'
NCBLNational Cooperative Bank Limited (NCBL) was established in 2003, as the only bank in the cooperative movement of Nepal at national level, in exercise of the power conferred by the sub-section 4 of section 26 under the then prevailing Cooperative Act, 1992 (first amendment, 2000) and from the recommendation of Nepal Rastra bank (Central bank of Nepal) as an umbrella institution to provide banking and financial services to all its member cooperatives following the long and continuous demand and efforts of cooperators
In order to identify the status of the institution, the Bank has to follow the member associations/ institutions in the form of terrestrial and non-terrestrial
A compulsory saving Deposit account is a savings account in which cooperatives deposit a certain amount continuously on a regular basis for an unlimited time interval i
Members can in turn enjoy 24x7 ATM cash withdrawal and easy payments to POS and e-Commerce merchants through their account maintained at their cooperative
