Category/cooperative-business (Total Articles : 77 )
Net Profit of Development banks of Nepal has increased : Bad loans of Bikas Bank exceeded 27 percent
Kathmandu: Bad loans of development banks have exceeded 27 percent. According to the latest data published by Nepal Rastra Bank, the NPL of banks has reached 27.75 percent.The impact of economic recession is now seen in the entire financial system....
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Digital currency Recognition in Nepal and Digital bank can banking services
In the bill to amend the Act on Banks and Financial Institutions, 2073, a provision has been proposed that digital banks can also conduct banking and financial transactions.In the bill registered in the House of Representatives, it is proposed that...
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Rastriya Banijya Bank's Management Summit-2024 completed
Kathmandu. The 'Management Summit-2024' organized by the National Commercial Bank has been completed. The program was completed after extensive discussion among economists, banking experts and entrepreneurs about the problems and challenges seen in the national economy and banking sector. The program was organized by the...
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Rastra Bank organized 'Global Money Week - 2024'
Kathmandu. Nepal Rastra Bank is celebrating the project 'Global Money Week - 2024' in national coordination. Rastra Bank is celebrating Money Week with the main slogan 'Start from youth, strong foundation from savings'.Money Week is a week-long program related to...
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Cooperatives digital services in Nepal with seven points of commitment
Kathmandu. The 'First Cooperative Digital Conclave' held in Kathmandu under the organization of the National Cooperative Federation has been completed with the issuance of a seven-point commitment letter. The conclave, which started on Thursday with the theme 'Digitizing Co-operative: Achieving Vision 2030'.
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TOP 10 Banks Profit is 35 Billion and Nabil Bank as Top list
Kathmandu. In the 7 months of the current financial year 2080/81, commercial banks have made a profit equal to 35 billion rupees. According to the statistics published by Nepal Rastra Bank, 20 commercial banks have made a net profit equal to 35 billion 49 billion...
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Banks interest rate in Nepal : Top 20 Commercial Banks interest Rate on Chaitra 2080
Kathmandu. Most of the banks have reduced the interest rate of fixed deposits for the month of March. Commercial banks, which have been continuously reducing interest rates since the liquidity eased recently, have also reduced them in March.The interest rate...
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How much Development Banks of Nepal interest rates ?
Kathmandu. Development banks have reduced interest rates for the month of March. As the liquidity in the banking sector becomes easier, the development banks are also continuously reducing the interest rates. The continuously decreasing interest rate has been continued even in March. The interest rate...
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Bankers focus on recovery by halting business expansion
The banker focus into 'balance sheet management'Kathmandu. Banks and financial institutions, which were once aggressive in business expansion, are now engaged in balance sheet management. As bad loans are increasing every month, the bankers are taking up balance sheet management....
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IFC's $56 million loan to Global IME Bank
Kathmandu. The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement to invest 56 million US dollars in Global IME Bank Ltd. This investment will be mobilized to increase financial access to small and medium enterprises, including businesses run...
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Nepal Rastra Bank Report: Banks interest rates and Inflation falling down, now the economy is improving
Kathmandu. Nepal Rastra Bank has conveyed the message that the economy is heading in the right direction. Recently, while there have been various debates, discussions and concerns about the problems in the economy, the National Bank has said that the economy is on the right...
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Top 10 banks of Nepal NPL Report : 8 banks to pay dividends to shareholders by Q2 nd Report of 2080/081
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,...
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How much dividends of Insurance companies of Nepal 2079/080 ?
Kathmandu. 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...
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Himalayan Bank's 31st AGM completed and Prachanda elected as the chairman of HBL
Kathmandu - 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...
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Bank deposits increased in Nepal
Kathmandu. 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...
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