Kathmandu.Top 8 banks potential NPL report out of the 20 banks in operation published their financial statements including the ability to pay dividends to shareholders. According to the financial statements of 6 months of the current year, the distributable profit of only Standard Chartered, Nabil,...
Read MoreKathmandu. Insurance companies have declared dividends for the financial year 2079/080. 6 insurance companies have paid dividends. Out of which 4 are non-life insurance companies and 2 are life insurance companies. So far, Citizen Life Insurance, Reliable Nepal Life, Nepal Insurance, Himalayan Everest Insurance, NLG...
Read MoreKathmandu - The 31st Annual General Meeting of Himalayan Bank Limited has been completed. The completed general meeting has passed the consolidated financial statements of the bank and its subsidiaries. Prachanda Bahadur Shrestha, chairman of the bank, presented the report of the financial year 2079/080...
Read MoreKathmandu. In the past one and a half months, deposits in banks and financial institutions have increased by 1 trillion 41 billion rupees, while credit investment has increased by 56 billion rupees only. According to the data of the Central Bank, there were 59 trillion...
Read MoreKathmandu. The 42 MW upper Modi 'A' hydropower project has been funded under the leadership of NMB Bank. . In this project, NMB Bank will invest 4 billion 40 crores and the rest will be loan investment from Hydro Electricity Investment and Development Company (HIDCL).
Read MoreKathmandu. Global IME Bank Limited has launched 2 new branch offices. The bank has launched new branches in Malgamba Municipality-8 of Sarlahi, Dhulikhel Municipality-3 of Malgamba and Kavre, Dhulikhel. All banking services will be available from these two new branches from Monday.
Read MoreKathmandu. Most of the companies are currently preparing for the annual general meeting. Some companies have completed the meeting but most of them have called the meeting. On the 29th of Push, 32 companies including 6 banks have called the meeting. According to the provision...
Read MoreKathmandu. Nepal Rastra Bank has amended the integrated instructions issued for banks and financial institutions to implement the arrangements made through the monetary policy review. Amending the Integrated Directive 2080 on Sunday, the bank rate, which is the upper limit of the interest rate corridor,...
Read MoreKathmandu. As the banks have started reducing the interest rate on deposits, the interest rate on loans is also decreasing automatically. According to the data released by the commercial banks, the base rate has decreased by an average of 6 percent during one year.
Read MoreKathmandu. Global IME Bank Limited has been honored with Visa Payment Excellence Award 2023. In the leadership conclave organized by Visha International in Kathmandu, the bank was given the award for being the best in promoting debit cards among Visha members to associate members in...
Read MoreKathmandu. Standard Chartered Bank's 19 percent dividend has been passed. The 37th annual general meeting of the bank held on Sunday passed the proposed 19 percent cash dividend. In the financial year 2022/23, the operating profit of the bank has reached 40.97 million rupees. Similarly,...
Read MoreKathmandu. The service facility of the Governor of Nepal Rastra Bank has increased by 24.18 percent in one year. According to Rashtra Bank, Governor Mahaprasad Adhikari received 16 lakh 32 thousand salary, 4 lakh 14 thousand meeting allowance and 4 lakh 45 thousand 335 rupees...
Read MoreThe net profit of Nepal Rastra Bank has increased by 41.34 percent in the financial year 2079-80. During that period, the profit of the Central Bank, which has a paid-up capital of 5 billion, has reached the height of 87.6 billion 37 million 45 thousand...
Read MoreNRB made a profit of Rs 87.60 billion in FY 2022/23; Rs 25 billion to be allocated for govt. The Nepal Rastra Bank (NRB) is said to allocate Rs 25 billion from its profit of the last fiscal year (FY) for the Government of Nepal.
Read MoreAfter acquiring Civil Capital Market Limited, Himalayan Capital Limited has started an integrated business under the name of Himalayan Capital Limited. Consolidated trading has started from Friday 1st Dec 2023. Sunil Prasad Gorkhali, Chairman of Himalayan Capital Limited and Bhola Bahadur Bista, Chairman of Civil...
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