Oro Bank, the official bank of Gelephu Mindfulness City, has extended the deadline for the Gelephu International Airport Fixed-Term Deposit (FTD) programme until the end of March next year.
The bank made the announcement today.
This programme allows Bhutanese living overseas to invest in the development of Gelephu International Airport. The original deadline was due to expire tomorrow.
The bank stated that it extended the timeline due to significant interest from Bhutanese abroad.
The FTD programme provides four deposit options with varying terms and interest rates.
His Majesty The King recently revealed that investments through the FTD programme have surpassed USD 140 M.
Sherub Dorji
