Category/cooperative-business (Total Articles : 71 )
Banks interest rate in Nepal : Top 20 Commercial Banks interest Rate on Chaitra 2080
Kathmandu. Most of the banks have reduced the interest rate of fixed deposits for the month of March. Commercial banks, which have been continuously reducing interest rates since the liquidity eased recently, have also reduced them in March.The interest rate...
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How much Development Banks of Nepal interest rates ?
Kathmandu. Development banks have reduced interest rates for the month of March. As the liquidity in the banking sector becomes easier, the development banks are also continuously reducing the interest rates. The continuously decreasing interest rate has been continued even in March. The interest rate...
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Bankers focus on recovery by halting business expansion
The banker focus into 'balance sheet management'Kathmandu. Banks and financial institutions, which were once aggressive in business expansion, are now engaged in balance sheet management. As bad loans are increasing every month, the bankers are taking up balance sheet management....
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IFC's $56 million loan to Global IME Bank
Kathmandu. The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement to invest 56 million US dollars in Global IME Bank Ltd. This investment will be mobilized to increase financial access to small and medium enterprises, including businesses run...
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Nepal Rastra Bank Report: Banks interest rates and Inflation falling down, now the economy is improving
Kathmandu. Nepal Rastra Bank has conveyed the message that the economy is heading in the right direction. Recently, while there have been various debates, discussions and concerns about the problems in the economy, the National Bank has said that the economy is on the right...
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Top 10 banks of Nepal NPL Report : 8 banks to pay dividends to shareholders by Q2 nd Report of 2080/081
Kathmandu.Top 8 banks potential NPL report out of the 20 banks in operation published their financial statements including the ability to pay dividends to shareholders. According to the financial statements of 6 months of the current year, the distributable profit of only Standard Chartered, Nabil,...
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How much dividends of Insurance companies of Nepal 2079/080 ?
Kathmandu. Insurance companies have declared dividends for the financial year 2079/080. 6 insurance companies have paid dividends. Out of which 4 are non-life insurance companies and 2 are life insurance companies. So far, Citizen Life Insurance, Reliable Nepal Life, Nepal Insurance, Himalayan Everest Insurance, NLG...
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Himalayan Bank's 31st AGM completed and Prachanda elected as the chairman of HBL
Kathmandu - The 31st Annual General Meeting of Himalayan Bank Limited has been completed. The completed general meeting has passed the consolidated financial statements of the bank and its subsidiaries. Prachanda Bahadur Shrestha, chairman of the bank, presented the report of the financial year 2079/080...
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Bank deposits increased in Nepal
Kathmandu. In the past one and a half months, deposits in banks and financial institutions have increased by 1 trillion 41 billion rupees, while credit investment has increased by 56 billion rupees only. According to the data of the Central Bank, there were 59 trillion...
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NMB Bank led to investment in upper Modi A hydropower
Kathmandu. The 42 MW upper Modi 'A' hydropower project has been funded under the leadership of NMB Bank. . In this project, NMB Bank will invest 4 billion 40 crores and the rest will be loan investment from Hydro Electricity Investment and Development Company (HIDCL).
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Global IME Bank's 2 new branches in operation
Kathmandu. Global IME Bank Limited has launched 2 new branch offices. The bank has launched new branches in Malgamba Municipality-8 of Sarlahi, Dhulikhel Municipality-3 of Malgamba and Kavre, Dhulikhel. All banking services will be available from these two new branches from Monday.
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32 companies declared AGM on the 29th of Push 2080 and shareholders are confused ?
Kathmandu. Most of the companies are currently preparing for the annual general meeting. Some companies have completed the meeting but most of them have called the meeting. On the 29th of Push, 32 companies including 6 banks have called the meeting. According to the provision...
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NRB New Circular for Integrated Guidelines for Banks and Financial Institutions of Nepal
Kathmandu. Nepal Rastra Bank has amended the integrated instructions issued for banks and financial institutions to implement the arrangements made through the monetary policy review. Amending the Integrated Directive 2080 on Sunday, the bank rate, which is the upper limit of the interest rate corridor,...
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Banks base rate has decreased, and How much banks base rate in Nepal ?
Kathmandu. As the banks have started reducing the interest rate on deposits, the interest rate on loans is also decreasing automatically. According to the data released by the commercial banks, the base rate has decreased by an average of 6 percent during one year.
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Global IME Bank Honored by Visa Payment Excellence Award
Kathmandu. Global IME Bank Limited has been honored with Visa Payment Excellence Award 2023. In the leadership conclave organized by Visha International in Kathmandu, the bank was given the award for being the best in promoting debit cards among Visha members to associate members in...
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