Bank guarantees are written obligations of the issuing bank to pay a sum on to a beneficiary on behalf of its members in the event that the members themselves do not pay the beneficiary
Therefore, I express my sincere gratitude on behalf of NCBL, the members of board and on my own behalf towards shareholders and all the concerned agencies for their significant contributions
A cooperative organization can issue COOP Card in its own name to attract new generation of members by promoting use of latest payment technology and maintain trust by reducing risk of cash transactions
Based on the proposal passed by the annual general meeting, the NCBL Board has established a training department with a training sub-committee at its head office to conduct regular training programs for its members
Based on the resolution passed by AGM, NCBL board has established training department at its head office along with training subcommittee for regular conducting training programs to its member