Category/cooperative-business (Total Articles : 51 )
Hospitality Jobs Portal job4 online has been launched in Australia
Kathmandu. The portal job4.online has been launched in Australia. The aim of this portal is to provide employment especially in the hospitality sector. From the portal job4.online launched by Jab Pho Online Company, there is a demand for manpower in this field, from hospitality to...
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'Bank of the Year' 2023 Awarded to Prabhu Bank limited
Kathmandu. Prabhu Bank has received the 'Bank of the Year' award for the year 2023. Prabhu Bank, which has been upgraded from a finance company to a commercial bank through Bikas Bank, has received this award for the first time.Prabhu...
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How much liquidity in the commercial banks of Nepal ? What is the plan to maintain liquidity Center Banks of Nepal
Kathmandu. After more liquidity in the banking system, banks have invested in the deposit collection equipment of Nepal Rastra Bank at 1 percent interest rate. After the inter-bank interest rate fell below 2 percent due to excess liquidity in the banking system, the National Bank...
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Microfinance companies profits has decreased, Find the Financial Reports of FY 2079/080
Kathmandu. Due to the increase in bad loans, the profits of most microfinance companies have declined. According to the details up to the first quarter of the current financial year published by microfinance, the profits of 18 companies are negative. In the period up to...
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Global IME Bank Honored by best Taxpayer in Banking History of Nepal
Kathmandu. The government has honored the best taxpayers. Finance Minister Dr. Prakasharan Mahat honored the best tax payers of various sectors. The Nepal Telecommunications Company which filed the highest income tax in the financial year 2078/79 has been awarded. Dabur Nepal in the export...
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UCO Indian bank credited 820 crores in to the bank account holders and 649 crores only return back
Kathmandu. A Indian Bank UCO is in big trouble because of its small mistake. India's bank UCO bowed down and deposited 820 crore rupees in the accounts of common people. And the 8200 crore bank that was bent has not yet been brought back. So...
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Base Rate of Commercial banks of Nepal has decreased and cheap loans offer by banks
Kathmandu. Now the interest rate of banks is going to be cheaper. In the first quarter of the current year, banks have reduced the base rate and made their financial statements public. It is seen that the interest rate of the loan will also decrease...
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Top 10 Banks of Nepal Return on equity (ROE) is 8 percent and Prime and Himalayan Bank increasing position
Kathmandu. The average return on equity (ROE) of commercial banks in three months is around 8 percent. In the first quarter of the current financial year, the banks have earned an average return of 7.86 percent. During the review period, the banks have earned a...
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CIT Citizen Investment Trust profit has 13.82% Increased in Q1 FY 2080/81 and EPS at Rs 19.94
Kathmandu. Citizen Investment Trust (CIT) has released its comprehensive first-quarter report for the financial year 2080/81, revealing a notable rise in its comparative net profit by 13.82 percent. The latest financial data indicates that CIT recorded a net profit of Rs. 26.48 crores during the...
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Banks of Nepal profit comparison in first quarter 2080/081 : NIMB Vs Nabil and Global IME Bank with as Himalayan and Prabhu Bank are more Aggressive
Kathmandu. Among the operating commercial banks, Nepal Investment Mega Bank (NIMB) has earned the highest profit. The first quarter financial statements of the current financial year 2080/81 published by the banks on Friday showed this. According to the details, NIMB is ahead in terms of...
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Commercial Banks of Nepal profit is 15 billion in the first quarter of 2080/081 as top 12 banks has decreased
Kathmandu. All 20 commercial banks have published their financial statements for the first quarter of the current year within the time limit given by the National Bank. In the first quarter of the current year, 20 commercial banks have earned a profit of 14.75 billion...
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Share loans Interest Rate of Commercial Banks of Nepal has decreased
Kathmandu. National Commercial Bank's interest rate on share mortgage loans is the cheapest in the banking sector. Similarly, Nepal Bank said that it provides share loans at a minimum interest rate of 11.94 percent. The bank calculates a premium rate of 2.5...
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How much right share issuing 10 Insurance companies of Nepal ?
Kathmandu. Out of the companies doing life and non-life insurance business, 10 companies are going to issue rights shares. With the approval of the Nepal Insurance Authority, a total of 10 insurance companies, 5 for life insurance and 5 for non-life insurance, will be allowed...
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How much Impairment Charges of commercial banks of Nepal ?
Kathmandu. Due to the increase in bad loans in banks, the expenses allocated for the management of the banks have increased by 94.26 percent in the last financial year. In the previous financial year, the amount of 13 billion 34 billion rupees and 85 billion...
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Highest Bad loan rates of commercial banks of Nepal is Kumari, Prabhu, Himalayan and Nepal Investment Mega Bank
Kathmandu. Due to borrowers not paying principal and interest on time, bad loans of banks have increased. Such poor and bad loans are called non-performing loans (NPL). In one year, the non-performing loans of some banks have doubled. According to the financial statements of the...
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