Category/exclusive-news (Total Articles : 2586 )
Prabhu Bank's net profit is 3 billion over
Kathmandu. Prabhu Bank has earned 5.5 billion rupees in the fourth quarter of the last financial year. According to bank sources, the bank has earned a net profit of 5.4 billion rupees till last June.However, the profit will be reduced...
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Machhapuchhre Bank distributable profit increased by 162.66 percent
Kathmandu. Machhapuchhre Bank has the ability to distribute 15.29 percent dividend from last year's profit. According to last year's financial statement, the bank's distributable profit increased by 162.66 percent to 1.56 billion 87.44 thousand rupees. During the same period of the previous year, the distributable...
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Nepal's biggest export is Information technology through Nepalese earned 67.5 billion Amount
Kathmandu. In the financial year 2078/79, Nepal exported goods worth two trillion. The amount earned by Nepal by exporting information technology services in one year is 43 percent of the total exports. However, earnings from information technology exports are not found in official...
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Himalayan Everest Insurance has received Two International Awards
Kathmandu. Himalayan Everest Insurance Limited has received two international awards. Insurance Asia Singapore has honored Himalayan Everest Insurance with two prestigious awards. Insurance Inclusion Initiative of the Year Nepal New Insurance Product of the Year Nepal awarded the company with two honors in a...
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Securities Board of Nepal (SEBON) has published programs and policies 2080/081
Kathmandu. The Nepal Securities Board (SEBON) has announced the policy and program for the financial year 2080.81 related to the securities market and the commodity exchange market. By announcing policies and programs, the board has adopted 10 main policies related to the development, expansion and...
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Share mortgage loans in Nepal up to 50 lakhs 100 percent risk load
Kathmandu. Nepal Rastra Bank, which currently calculates up to 25 lakhs at 100 percent, has made the limit of the risk load of share mortgages to 50 lakhs. The National Bank has made this arrangement by issuing an instruction. The National Bank announced monetary policy...
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Monetary policy 2080/081 Implementation Action by Nepal Rastra Bank : Revision of risk weighting of Share Loan, Vehicle Loan and real estate loans
Kathmandu. Nepal Rastra Bank has started implementing monetary policy. Last Sunday, the Central Bank issued the monetary policy for the current financial year 2080/81. The central bank has started implementing the measures adopted in the same monetary policy. The central bank mentioned that it will...
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Nepal Rastra Bank has reduced the interest rate limit, now the policy rate is 6.5 percent
Kathmandu. Nepal Rastra Bank (NRB) has reduced the deposit collection rate, which is the lower limit of the bank's interest rate corridor. National Bank has reduced this rate by one percentage point to 6.5. The Central Bank has implemented such a system while implementing the...
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Citizens Bank's profit increased by 10.5 percent and distributable profit is 1 billion Above
Kathmandu. Citizens Bank Limited has published unrefined financial statements for the fourth quarter of last financial year. According to the details, the net profit of the bank has increased slightly compared to the same period of the previous financial year. According to the financial statement...
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Sanima Bank starts Sanima five in 1 Account Services
Kathmandu . Sanima Bank started its operation in 2004 as a National Level Development Bank. Sanima was licensed to operate by the Nepal Rastra Bank to function as an "A" Class Commercial Bank in 2012. Sanima has 104 full-fledged branches and 28 extension counters within...
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Bank Interest rates raised in Europe : which is highest in two decades
Kathmandu. Interest rates have been raised again in Europe. The European Central Bank (ECB) has increased interest rates. Along with this, interest rates in Europe have reached their highest level since 2000. The ECB has increased the interest rate on deposits in 20 countries in...
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Bank Interest Rate has Increased by US Banks
Kathmandu. US Banks has increased the interest rate which affects the global stock market. The Federal Reserve Bank (US Fed) has raised policy rates by 25 basis points or 0.25 percent due to continued rising inflation. After the latest hike, benchmark interest rates in the...
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Next-Gen Cybersecurity Solutions launched by Kaspersky
Kathmandu: Sagar Group, an IT distribution company, unveiled its latest line of cutting-edge Next-Gen Cybersecurity solutions — Kaspersky Standard, Kaspersky Plus and Kaspersky Premium — from renowned cybersecurity provider Kaspersky. The event held in Kathmandu today featured an insightful sharing session by industry experts on...
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Banks of Nepal deposit collection rate declined by 4.5 percent
Kathmandu Nepal Rastra Bank has kept the bank rate unchanged. Releasing the monetary policy for the fiscal year 2080-81, the National Bank has informed that the bank rate has been kept unchanged at 7.5 percent and the deposit collection rate has been reduced from 5.5...
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Nabil Bank has received National Best Annual Audit Report Award 2022
Kathmandu. Nabil Bank Limited has been honored with the National Best Annual Report Award 2022 given annually by the Nepal Chartered Accountants Association. Nabil received the silver award for the banking sector.The Nepal Chartered Accountants Association has given the award...
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