BoK and Himalayan Bank receive full amount of bank guarantee from Chinese Bank
english.khabarhub.com · Tue Aug 23 15:15:17 GMT 2022
KATHMANDU: Bank of Kathmandu (BoK) and Himalayan Bank Limited (HBL) have finally received full amount against the guarantee initially paid for the Melamchi water supply project.
BoK and HBL had filed legal action against China Railway 15th Bureau Group to recoup Rs 1.6 billion in counter-guarantee funds from China Construction Bank (CCB).
Read full story at source (english.khabarhub.com)