Skip to main content

A single account for all BOB branches with 2012


What a wonderful way to begin yet another year! Unlike in the past, you can now do all transactions with a single BOB account from any branches in the country. Earlier the bank charged its customers half of TT charges when you deposit or withdraw money from branches where you do not have accounts. (TT charge: Nu. 2.5 for every Nu. 100,000/-, minimum being Nu.20/-)

For example, you have an account in BOB Lhuentse Branch. But you are here in Thimphu and you need some money. So, you go to BOB Thimphu Branch to withdraw some money from your account maintained at Lhuentse Branch. Until now you are liable to pay some charge. But come January 2012, the bank plans to do away with the charges. This is wonderful thing for the customers and would truly benefit Bhutanese who maintain accounts in the country’s biggest and oldest financial institution - Bank of Bhutan!

There would be a substantial income loss with the doing away of the charge, but it is definitely for the good and benefit of the general public. And therefore, with the wider and better branch network and with its constant effort to be in sync with the modern technologies, Bank of Bhutan hopes it would continue to hold onto a major portion of Bhutanese financial market share.

But seriously, it is a befitting New Year gift to all BOB customers! Congratulations!

Design by Kuensel Corporation

Comments

  1. wow dats a wonderful compliment to the BOB customers.. keep updating la.. had a nice time eyeing upon.. Happy New year....

    ReplyDelete
  2. Thank you Dorjay for all your kind words. Appreciated! Keep reading and blogging!

    ReplyDelete

Post a Comment

So what do you think?

Popular posts from this blog

When FIVE is more than FIVE HUNDRED

Bhutanese parents complain that our children are exposed to so much foreign content and that they might soon forget our own root. Some parents also feel that their children respond well and better to stories that have Bhutanese characters and places in them. That's why the need for more and better Bhutanese books in the market. And we have only a handful of people who are committed to making this happen although the financial return is almost none.  
Bhutan can boast of not many writers. Here writing or publishing aspect of writing is an expensive hobby. In the first place, it is difficult to convince people to publish their writings and many leave it before they are halfway. Publishing is a complicated process. But here it is even more complicated since our publishers are not publishers in the real sense of the term. They would only 'publish' (print) school textbooks and in that they are only being wise - averting risks to their businesses. 
Recently, the whole nation star…

We killed our Golden Goose

One of our most significant events this year is that of Bhutan’s exporting of eggs to India. A few years ago, we were importing them – in truckloads. This goes to show that we have the potential to grow and progress as a country, provided we put in a little more effort and work harder. Did you know, Bhutan today has 422,648 hens and produces 251,678 eggs a day? 
In July 2016, Bhutan Agriculture and Food Regulatory Authority (BAFRA) banned the import of chilies from India reasoning that the laboratory tests conducted confirmed presence of pesticides. And right there was our opportunity to grow on our own. The news was like winning a lottery and it sure was a boon to many a Bhutanese chili growers, as they now had ready market san competition from cheap chilies from across the border.

Then came the ‘off season’. That is when the price of chilies unreasonably shot up as high as Nu. 300-400 per kg. It was unreasonable and daylight robbery, many people protested. And then people took to the …

Our Growing Opportunity

Last week, the Ministry of Agriculture and Forest had ordered the Bhutan Agriculture and Food Regulatory Authority (BAFRA) to 'temporarily' suspend the import of beans and cauliflowers. Laboratory tests had confirmed that these vegetables contain pesticide beyond permitted 'limit'. 
This is heartening for many Bhutanese farmers. This is truly our opportunity to grow and feed Bhutanese with vegetables grown and nurtured on Bhutanese soil. It is an opportunity to go bigger into farming and turn farming into a financially lucrative venture for our rural farmers, who still continue to grow crops for self-consumption. 
Otherwise, it is difficult for our farmers to compete with literally cheap vegetables that are imported from across the border, where they are grown in much much bigger quantity. Our farmers do not stand a chance at all to compete in the market. Thus, they end up growing only what's enough for their own families - the rest go waste, most of the time. Sam…