Kathmandu. The final approval has been given for the merger of Nepal Rastra Bank and Nepal Credit and Commerce (NCC) Bank.Both the banks reached Nepal Rastra Bank last week for the final approval of the merger. Accordingly, the National Bank has given the final approval...
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Kathmandu. Deposits in banks and financial institutions continue to increase. Deposits in banks and financial institutions have increased by 3 billion rupees in the last few days. According to the statistics provided by Nepal Rastra Bank, the deposits on January 3rd were 52 trillion...
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Kathmandu. Statistics show that the number of suspicious transactions is increasing recently. If we look at the statistics of 5 years, it seems that suspicious transactions have increased by almost 4 times. 5 years ago there used to be hundreds of such transactions, but every...
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Kathmandu. Banks and financial companies are announcing dividend distribution to their shareholders. Out of 26 commercial banks in operation, 20 banks have declared dividends so far. Five of the announced banks have been approved by the general meeting and distributed to the shareholders.
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Kathmandu. Commercial banks have earned more than 25 billion net profit in four months. According to Nepal Rastra Bank, banks have earned more than 25 billion 500 million profit till the end of November of the flexible financial year 2079/80.Among...
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Kathmandu. About a dozen commercial banks are preparing to merge. At present, 10 commercial banks have entered into a merger agreement to merge with each other. So far, Nepal Investment and Mega Bank, Kumari Bank and NCC Bank, Global IME and Bank of Kathmandu,...
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Kathmandu. Sunrise Bank Limited has asked for employees. The bank has asked for employees for various posts. The bank has requested employees for the posts of Branch Manager, Relationship Manager, Operation Manager and Junior Assistant. For which the educational qualification should be graduation level.
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Kathmandu. Foreign investment has been approved in more than 5,500 industries in Nepal so far. It has been seen that relatively more investments have been made in tourism and service industries. According to the "Monthly Progress Report on Foreign Investment" of the Department of Industry,...
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Kathmandu. Nepal Rastra Bank has established qualifications to become founders and chief executive officers (CEOs) of banks and financial institutions (Infrastructure Development Bank). Rastra Bank has issued a directive and said that it has made a new provision regarding the qualifications...
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Kathmandu. Deposits in banks and financial institutions have started to increase. Deposits in banks and financial institutions increased by 8 billion rupees in one day. According to the statistics of Nepal Rastra Bank, the deposits which were 52 trillion 20 billion rupees on November...
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Kathmandu. Foreign currency reserves have increased in four months of the current fiscal year 2079/80. By mid-October, foreign exchange reserves increased by 2.5 percent. According to the data published by Nepal Rastra Bank, foreign exchange reserves have reached 12 trillion 46 billion 27 billion rupees...
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Kathmandu. Himalayan Bank Limited has successfully completed the Financial Literacy Program in Madi Municipality on 23rd November and Pakhriwas Municipality on 24th November under Corporate Social Responsibility. The financial literacy program was jointly organized by the bank's Province 1 office in Wiratnagar, Madi branch and...
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Kathmandu. Global IME Bank Limited and Bank of Kathmandu have submitted a joint application to Nepal Rastra Bank on Wednesday for final approval regarding the merger. Chandra Prasad Dhakal, Chairman of Global IME Bank Limited and Prakash Shrestha, Chairman of Bank of Kathmandu Limited,...
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Kathmandu. The interest rate will not increase in the coming month of January. In the month of January, the commercial bank will continue the interest rate of November. The umbrella organization of commercial banks, the Bankers' Association, held a meeting on Tuesday and decided to...
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How much for other top level officers ?Kathmandu. Ratnaraj Bajracharya, Chief Executive Officer (CEO) of Global IME Bank, has received more than 20 million salary allowances. In the last fiscal year 2078/79, the bank gave an amount of Rs. 20...
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