Kathmandu. Nabil Bank Limited has been recognized as the Leading Partner Bank of Nepal by the Asian Development Bank-Trade and Supply Chain Finance Program (TSCFP) for 2020. The Asian Development Bank (TSCFP) provides...
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Kathmandu. Commercial banks have dominated the stock market on the first trading day after ten years. The index of the commercial bank group, which has the largest share in the stock market, has risen the most by 4.27 percent.Global IME...
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The Corona virus has a positive effect on electronic payments in Nepal.Mobile banking business has been on the rise lately as digital payments are more secure than physical cash payments. According to the NRB, mobile banking has increased by 10.58...
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Banks have announced to give attractive gifts to those who give digital Dakshina on the 10th. Executive Director of the Economic Policy and Research Department of Nepal Rastra Bank, Dr. Gunakar Bhatt says the recent policy of banks will promote digital Dakshina.
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Kathmandu. Banks have closed their branches today (Friday) from 2077 Kartik 7 to Kartik 11 in view of the corona virus infection.The Nepal Bankers' Association, an umbrella organization of banks, has already decided not to open a limited branch as...
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Citizens Bank International Limited has earned a net profit of Rs 515.591 million in the first quarter of the current fiscal year. This is 47.66 percent or Rs. 166.42 million more than the same period last year. The distributable profit of the bank has been...
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Kathmandu. The Bagmati State Government, Rastriya Banijya Bank and Vishal Foundation are going to jointly organize a Start Up Idea Call for the youth who want to become entrepreneurs.A Memorandum of Understanding (MoU) was signed on Wednesday to facilitate the...
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Out of 27 commercial banks, 23 commercial banks have increased their deposit collection by 0.89 percent to 17.41 percent as compared to mid-July. During the same period, 22 commercial banks increased their credit flow from 0.04 percent to 17.19 percent.According...
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Kathmandu. Despite the Corona disaster, NIC Asia and Prabhu Bank have expanded their business significantly. While some banks have remained silent on the situation, some have appeared aggressive.In Corona, NIC Asia and Prabhu Bank have made leaps in deposit collection...
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Kathmandu. In October, commercial banks disbursed Rs 122 billion in loans and Rs 138 billion in deposits. The banks have been conducting this loan disbursement and deposit collection from September 16 to 20.Banking interest and installment capitalization is also expected...
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Kathmandu. As the corona epidemic continues to grow, Nabil Bank has released a video carrying a public awareness message about the corona virus. The video, which carries the message of how to win Corona, was released by Nabil Bank on Saturday.
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Kathmandu. Nabil Bank Chief Executive Officer (CEO) Anil Keshari Shah has contracted corona. Banker Shah informed about the corona infection through social media.Shah has mentioned that the report was positive in the test conducted on Saturday. The PCR report was...
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26 organizations have already declared dividends. The number of banks offering dividends has reached three so far. There are Machhapuchche, Bank of Kathmandu and Sanima Bank.There are five microfinance and the rest are mutual funds. Similar manufacturing companies have also...
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Commercial banks have made a net profit of Rs. 12.21 billion in the second month of the current fiscal year. The profit of 27 commercial banks operating in the first month of the current fiscal year is Rs. 6.46 billion more than in July.
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The general meeting of Nepal Investment Bank has passed the decision to acquire Citi Express Finance Company.The bank has conducted the meeting through virtual medium. From this special general meeting, Citi Express Finance Company has been receiving the share value...
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