Kathmandu. All 20 commercial banks have published their financial statements for the first quarter of the current year within the time limit given by the National Bank. In the first quarter of the current year, 20 commercial banks have earned a profit of 14.75 billion...
Read MoreKathmandu. National Commercial Bank's interest rate on share mortgage loans is the cheapest in the banking sector. Similarly, Nepal Bank said that it provides share loans at a minimum interest rate of 11.94 percent. The bank calculates a premium rate of 2.5...
Read MoreKathmandu. Out of the companies doing life and non-life insurance business, 10 companies are going to issue rights shares. With the approval of the Nepal Insurance Authority, a total of 10 insurance companies, 5 for life insurance and 5 for non-life insurance, will be allowed...
Read MoreKathmandu. Due to the increase in bad loans in banks, the expenses allocated for the management of the banks have increased by 94.26 percent in the last financial year. In the previous financial year, the amount of 13 billion 34 billion rupees and 85 billion...
Read MoreKathmandu. Due to borrowers not paying principal and interest on time, bad loans of banks have increased. Such poor and bad loans are called non-performing loans (NPL). In one year, the non-performing loans of some banks have doubled. According to the financial statements of the...
Read MoreKathmandu. The IPO allotment of Sun Nepal Life Insurance has been completed. The company has received labor approval from the relevant body of the Nepal government and will issue 960,000 shares at a nominal price of Rs. 100 In addition, a total of 239...
Read MoreKathmandu. The three-day 'Business Excellence Conference' of Nepal Life Insurance Company has been completed. The conference was held at Sauraha in Chitwan with the slogan "Powerful Aggressive Policy". More than 230 employees working in sales and marketing from all over the country participated in the...
Read MoreKathmandu. 4 commercial banks have published their financial statements up to the fourth quarter of the last financial year. Overall, the details of all the 4 banks are attractive. The performance of banks is good. Today we will discuss here about the key indicators of...
Read MoreKathmandu . Banks in the US make money off of the money you have put into your bank account. Whenever you put money in your account in the United States, that money gets moved to a large pool of money that is used for other...
Read MoreKathmandu. The 15 largest banks in the United States (U.S.) hold a combined total of $13.6 trillion in assets as of March 31, 2023. Every so often there are changes to this exclusive club. Larger banks trade places with each other and smaller banks drop...
Read MoreKathmandu. Commercial banks are 'A' Class Financial...
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