May 6: NMB Bank has invested in Hotel Marriott, a five star deluxe hotel, under construction at Nagpokhari. Prabhu Bank and Nepal Bangladesh Bank have already invested in the venture. According to NMB Bank, out of Rs 4 billion of the total investment, the banks will invest Rs 3.20 billion.

Hotel Marriott will have 230 rooms along with facilities of swimming pool, casino, mini gulf, conference hall, banquet hall, health club and spa. The hotel that is also a chain of Marriott International, a leading hotel chain based in Maryland, USA, is expected to come into operation in 2018.