It is possible to create a new Nepal by Nepal's software technologyKathmandu. There are many debates and discussions about how to build the country. In public forums, the topic of domestic production is raised vigorously. We have become weak in...
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Kathmandu. It is seen that the commercial banks will give an average of 25.7 percent bonus to the employees from the profit of the last financial year. According to the financial statement of the fourth quarter of the last financial year published by the banks,...
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Kathmandu. The non-performing loans of 13 commercial banks have increased up to the fourth quarter of the last financial year compared to the same period of the previous year. Last year, non-performing loans of Kumari Bank remained at 0.96 percent, while non-performing loans of 12...
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Kathmandu. Deposits in commercial banks continue to decline. Contrary to the general expectation that deposits will increase in the new financial year, the trend of decline has continued for three weeks. According to the data released by the Nepal Bankers Association, deposits decreased by 28...
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Kathmandu. Until the fourth quarter of the last financial year, Unilever Nepal Limited has Rs. It has made a net profit of more than 1.49 billion. The company which made a net profit of more than 86 crores last year has made 74.17 percent more...
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Kathmandu. The Supreme Court has reversed its own decision and decided that check bounce will be a governmental issue. A full bench of Supreme Court comprising Justices Anand Mohan Bhattarai, Anil Kumar Sinha and Sushmalta Mathema reversed the old verdict. Judges Dumbar Bahadur Shahi and...
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Kathmandu. According to last year's financial statement, the profit of development banks has increased by 31.34 percent compared to the previous year. Last year, development banks have managed to earn 7 billion 20 million 59 lakh 32 thousand rupees in net profit. In the same...
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Kathmandu. The distributable profit of various 27 commercial banks is more than 56 billion rupees. According to the unrefined financial statements of the fourth quarter of the last financial year published by the banks, the distributable profit of the banks is 56 billion 786 million...
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Kathmandu. Civil Bank has earned a profit of 1 billion 38 crore 46 lakh 85 thousand rupees in the last financial year. According to the unrevised financial statement of the financial year 2078/79 published by the bank, the profit has increased by 162.36 percent compared...
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Kathmandu. Nabil Bank, which has acquired Nepal Bangladesh Bank, has significantly improved its distributable funds. The ability of the bank to distribute dividends has reached 40 percent and other indicators have improved. Last year, the bank distributed 33 percent dividend to investors.
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Kathmandu. Nepal Bankers Association has decided not to increase the deposit interest rate for this month. Anil Kumar Upadhyay, president of the association, told EconomicNews.com that the meeting held today of the association has decided to increase or decrease the interest rate from the middle...
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Kathmandu. More than 12 crores have been given in share mortgage loan, it has been arranged that 100% loan loss should be arranged. Nepal Rastra Bank has made this arrangement by issuing the unified guidelines of monetary policy for the financial year 2079-80. Banks and...
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Kathmandu. Ratnaraj Bajracharya, Chief Executive Officer of Global IME Bank, has said that there will be an integrated transaction between Global IME and Bank of Kathmandu (BOK) within the coming November. He said this while speaking at the co-op card launching program for cooperatives held...
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Kathmandu. Himalayan Bank has earned a net profit of 2 billion 48 crore 21 lakh rupees. The bank has earned net profit in the fourth quarter of last financial year. However, it has decreased compared to the same period of the previous financial year of...
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Kathmandu. Prime Commercial Bank's net profit increased modestly. According to the financial statements of the last financial year, the bank has earned a net profit of 3 billion 68 million 12 lakh rupees. Last year it was 3 billion 26 million rupees. This is 12.63...
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