Kathmandu. It has become possible to apply for Siddhartha Bank's debit card online.In addition, customers will be able to apply for a debit card from home without having to physically attend the bank if they need to get a new...
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Kathmandu. The government has appointed former secretary Surya Prasad Silwal as the chairman of the long-vacant Insurance Committee. A meeting of the Council of Ministers has appointed Silval as the chairman of the committee. The Council of Ministers has appointed Silval as the chairperson of the committee on...
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Kathmandu. Muktinath Development Bank has partnered with WeChat-Pay, a popular payment service in neighboring China, to promote digital payments. The agreement was signed by Assistant Deputy Chief Executive Officer Til Bahadur Gurung on behalf of Muktinath Development Bank. Following the agreement,...
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Kathmandu. Sunrise Bank Limited has launched branchless banking service in Manthali Municipality Ward No. 11, Sawadanda, Gelu and Umakunda Village Municipality-7, Bhuj of Ramechhap District. With the launch of these two branchless banking services, the number of branchless banking services of the bank has reached...
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Kathmandu. Continuing its partnership with the local government to provide facilities at the local level, Everest Bank has signed a loan agreement with the Kirtipur Municipality at a function held at its central office on January 31.Under this agreement, Everest...
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Nepal's three largest telecom companies are preparing to launch an IPO in Nepal. In particular, Dis Media Network (Dishome), including Nepal's largest telecommunications company Ncell, and the third largest telecommunications company, Waldrlink, are also going to issue shares to the public.
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Kathmandu. The size of Nepal's stock market is. the total market capitalization amount is Rs. 32.66 billion 758 million 24 thousand has been established. Nepal Telecom Company still has the largest share in the total market capitalization. The last share price of the company has...
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Kathmandu. Rastriya Banijya Bank Limited, which is wholly owned by the Government of Nepal, has published its financial statements up to the second quarter of the Fiscal Year 2077/78. The bank has managed to earn a net profit of Rs 1.74 billion during the period....
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IPO allotment of Nepal Infrastructure Bank Limited concludes; valid 14,75,008 applicants get up to 50 units and lucky 4,92,072 applicants get 10 units extra
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Kathmandu. The Nepal Stock Exchange (NEPSE) has set a new record with the highest number of transactions on the last day of the year (Thursday). The turnover in Nepse was Rs 9.89 billion. This turnover is still high. Earlier, a turnover of Rs 9.37 billion...
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Kathmandu. Samridhi Finance has given the highest interest rate on savings and term accounts. It is offering interest rate up to 7.75 percent on savings and up to 9.75 percent on maturity. The institution has stated that it has put forward a plan of maximum...
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Kathmandu. Most of the banks have increased their profits in the second quarter of the current Fiscal Year 2077/78. Of the 15 commercial banks that have made their financial statements public, 11 have a profit of over Rs 1 billion and seven have less than...
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Kathmandu. Most banks' returns on equity have fallen below 15 percent. According to the banks' financial statements based on the second quarter of 2077/78, the ROE of most banks is less than 15 percent.In the first six months of the...
Read MoreArun Valley Hydropower Development Company Limited (AHPC) has published its unaudited financial statements for the second quarter of the current fiscal year. According to the statement, the company's electricity sales revenue has declined while net profit has increased.The company has...
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Preparations are underway to bring three new reinsurance companies into operation in Nepal. Preparations are underway to bring Annapurna Re, Prudential Re and another unnamed reinsurance company into operation.For the first time, Sakar Law Firm of Kathmandu had prepared an...
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