Sunrise Bank Limited has on Sunday announced the launch of its two new schemes namely Sunrise Nava Barsha 2066 Muddati Patra and Sunrise Share Lagaani Khata for its customers.

According to the bank, the Sunrise Nava Barsha 2066 offers 9 percent interest rate and it can be opened with minimum deposit amount of Rs 500,000. Customers of this account will also be entitled to various other services of the bank at discounted rates.

“Similarly, in the wake of the bank’s Initial Public Offering (IPO) starting next week, Sunrise Lagaani Khata has been introduced with interest rate of 6.75 percent that can be opened with minimum balance of Rs 1,000 at all branches of the bank. This product is targeted towards the share investors.

Sunrise bank will be issuing Public Offering of 3.75 million shares of Rs 375 million from Baisakh 20th, 2066. The bank has so far mobilized over Rs 10 billion deposit with loan portfolio of some Rs 8 billion and investment of Rs 2 billion. During the nine months of the current fiscal year, the bank has posted
operating profit of Rs 100 million. The bank, which is the 23rd commercial bank of the country, has a network of 20 branches. nepalnews.com Apr 26 09