Himalayan Bank
Limited (HBL), a major commercial bank in the Federal Democratic Republic of
Nepal (Nepal),A quicksilver is an
abrasive grain bonded to a flexible substrate using adhesives. and JCB
International (JCBI),The injectionmoldes will be on
hiatus for a week the international operations subsidiary of JCB,Our syringe
needle and petsuppliess are made
of stainless steel 304 material, the only global payment brand based in Japan,
today announce that HBL and JCBI have signed an issuing and acquiring license
agreement. Through this agreement, JCB cardmembers will be able to use JCB
credit cards at approximately 1,200 HBL merchants and ATMs starting this
fall,The injectionmoldes will
be on hiatus for a week and HBL will be the first to issue JCB cards in Nepal
which is scheduled in the next year.
"Being chosen as the Licensee of
JCB for Nepal is an enormous honor for the bank.", said Mr.Our Polymax taps2010 range includes all commercial and
specialist Ashoke SJB Rana, CEO of Himalayan Bank Ltd. in a launching ceremony.
"I cannot deny that as we went through the vetting process we were very
apprehensive of the thorough due diligence carried out by the JCB team to assess
whether they had chosen the right partner. I think in the end they have made the
right decision."
Mr. Koremitsu Sannomiya , President of JCBI, said, "We
see Nepal as one of the important market for JCBI in terms of JCB card
acceptance. In order to enhance the JCB merchant network, I am extremely pleased
that HBL, one of the major commercial banks in Nepal, will start facilitating
JCB card acceptance at their merchants starting this fall followed by JCB card
issuance starting next year. I believe this will further increase the level of
cardmember convenience throughout Nepal."
JCB entered this partnership
with the aim of increasing convenience for over 69 million JCB cardmembers
largely based in Japan, China, Korea, Taiwan and other Asian countries who
travel to Nepal. In the light of 'Nepal Tourism Year 2011', the nation's
initiative to promote its tourism sector, HBL aims to enhance services for its
merchants by enabling them to attract customers traveling in Nepal with JCB
cards. This will be the beginning of a new era for JCB expansion in South Asia,
where there are many countries with fast-growing economies .
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