Kathmandu: According to the latest data published by the Nepal Rastra Bank, the 20 commercial banks that are currently operating have earned a total profit of 17.69 billion 21 lakh rupees in the 2 months of the current year. Compared to the same period of...
Read MoreKathmandu: Top commercial banksof Nepal has reduced interest rates on fixed deposits for the month of Kartik 2081(October 2024). But some banks have continued the previous month's interest rates. On an average, the interest rate of fixed deposits for individuals has now remained at 6.18...
Read MoreKathmandu: Among banks and financial institutions (BFIs), Standard Chartered Bank has the lowest common share. The share ownership of this bank is 75 percent of the founding group and the common share ownership is 25 percent. Among the development banks, Corporate Development and Narayani Development...
Read MoreKathmandu: The internal economy is still sluggish. Its impact is also affecting banks and financial institutions. Banks have not been aggressively disbursing loans and loan recovery has not been effective. As a result, bad loans of banks and financial institutions are increasing. Although banks and...
Read MoreKathmandu: Many experts suggest common investors to invest in fundamental companies. The financial condition of such companies is good and they also give dividends to the shareholders every year. As a result, shareholders get dividends even if there is no capital gain when the market...
Read MoreKathmandu. Standard Chartered Bank Nepal in collaboration with Asian Development Bank (ADB) has provided loan support to Chhimek Lagubitta Bittiya Sanstha Limited.According to Standard Chartered, it has been agreed to provide credit support to Chhimek, a leading microfinance institution in...
Read MoreKathmandu. Current financial year 2081/82, more than 3.5 billion bonus has been listed in Nepal Stock Exchange (NEPSE). 3 crore 29 lakh 97 thousand 680 shares worth 3 billion 29 crore 97 lakh 68 thousand rupees of 8 different companies have been listed in NEPSE.
Read MoreKathmandu. Companies are declaring dividends in a hurry. From the profits earned last year, the companies have started distributing dividends to their shareholders. So far, 60 companies have distributed dividends to shareholders, including 20 companies, 25 mutual funds and 15 other companies listed in the...
Read MoreKathmandu: Financial statements for the fourth quarter of the fiscal year 2080/81, twenty commercial banks collectively achieved a net profit of Rs 64.15 billion. Nabil Bank led the profit rankings with a notable net profit of Rs 7.06 billion, reflecting a 10.23% increase from the...
Read MoreTop 20 commercial banks have released their unaudited financial statements for the fourth quarter of the fiscal year 2080/81, collectively earning a net profit of Rs 64.15 Arba during the period.Among these banks, 10 reported an increase in earnings for...
Read MoreIn 1980, there were only two commercial banks, but by the year 2012, there were a maximum of 32. Since 2020, 10 banks have decreased in the period of two and a half years. Nepal Rastra Bank, through its monetary policy of 2074, took a...
Read MoreGlobal Bank Limited (GIBL) was established in 2007 as an 'A' class commercial bank in Nepal which provided entire commercial banking services. The bank's paid-up capital is to NPR 36.1287 billion.Global IME Bank Ltd. (GIBL) emerged after...
Read MoreKathmandu. More liquidity in the financial system, short-term interest rates are seen to be increasing. Since the banks are able to sell goods at interest rates, the interest rate has increased when they invest in deposit collection rather than permanent deposit facilities.
Read MoreKathmandu. Commercial banks have invested 67.5 billion rupees in share mortgage loans till the end of March. According to the data till the end of March, commercial banks have invested a total of 67 billion 524 million rupees in loans.According...
Read MoreKathmandu. Nepal Rastra Bank has sanctioned four commercial banks and two development banks. Rastra Bank has taken action against Prime Commercial Bank, Kumari Bank, Nepal Investment Mega Bank, Lakshmi Sunrise Bank, Lumbini Development Bank and Excel Development Bank.In the third quarter of the year 2080/81,...
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