Kathmandu. Commercial banks have reduced interest rates for the month of January. Compared to January, interest rates on personal term deposits have been reduced by an average of 0.82405 percent and institutional term deposits by an average of 0.76455 percent. In the month of January,...
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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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Kathmandu. 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).
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Kathmandu. 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.
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Kathmandu. Himalayan Bank Limited, which has been providing the latest banking services, has introduced new loan schemes targeting different categories of customers. In the month of November of the current financial year, the base rate of the bank is 10.61 percent. The rating given to...
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Kathmandu. Reliance Spilling Mills Limited is going to issue IPO through book building method. The company has received approval from Nepal Securities Board for IPO issue permission.In the first phase, the company will offer shares to qualified institutional investors. It...
Read MoreKathmandu. The total insurance fee of life insurance companies has exceeded 61 billion. According to the statistics released by the Nepal Insurance Authority, the life insurance companies have earned a total insurance fee of 61.74 billion 71 lakh rupees till the end of November.
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Kathmandu. Muktinath Bikas Bank has conducted various programs on the occasion of crossing the 17th year and entering the 18th year. On this occasion, the bank has honored 135 employees who have been working in the bank for more than 10 years and for their...
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Kathmandu. NIC Asia Bank, which is promoting digital banking with the long-term goal of becoming the 'Digital First Bank', has succeeded in receiving the prestigious 'Payments Excellence Award 2023' for providing the best digital banking and card payment services in the banking and financial sector...
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Kathmandu. On the occasion of its 17th anniversary, Global IME Bank Limited has given a special discount on card and mobile banking transactions. The bank has announced a plan to provide a discount of up to 17 percent and a cash back of up to...
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Kathmandu. NMB Bank has put one more ATM into operation at the international arrival hall of Tribhuvan International Airport with the aim of providing convenience to passengers and employees. Similarly, the bank has launched a new ATM at Pokhara International Airport as well.
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Kathmandu. Machhapuchhre Bank has organized a financial literacy program at Annapurna base camp. In collaboration with the local Century Youth Club, the bank has organized a financial literacy program targeting businessmen, local traders and tourists in the base camp. According to the bank, the program...
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Kathmandu. On the occasion of its 17th anniversary, Global IME Bank Limited has conducted free health camps in Lumbini Province and Karnali Province as part of the bank's corporate social responsibility. Bank under Lumbini Province, Palpa District Rainadebi Chhara Village Ward No. 4 Chhahara Health...
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Kathmandu. According to the statistics of Nepal Rastra Bank, "Deposits with Nepali banks and financial institutions have reached 60 trillion and 48 billion." According to bankers, huge amount of deposits have not stopped since then. "Different insurance companies, foreign offices and many projects are also...
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Kathmandu. Machhapuchhre Bank Limited has been honored with Visa Payment Excellence in Credit Award and Excellence in POS Acquiring Service 2023. The two awards were given to the bank in a leadership conclave program organized by Visa International in Kathmandu.The...
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