Kathmandu. Right shares of Nepal Finance and bonus shares of Chilime Hydropower Company are listed on the Nepal Stock Exchange (NEPSE) on Wednesday.Nepal Finance has listed 1,697,506.25 shares with 125 percent rights and Chilime Hydropower has listed 57,99,762.25 shares with...
Read MoreKathmandu. Eighteen institutional investors have been added to invest in the shares to be issued through book building method. Earlier, 46 institutional investors had received approval from the Nepal Securities Board, but on January 6, 18 more companies received approval. Venture Capital Pvt. Ltd., Everest...
Read MoreKathmandu. Citi Express Money Transfer is now expanding its network to Oman. Remittance business has started between the LLC of Oman's reputed Modern Exchange and City Express Money Transfer.Nepalis living in Oman can easily send money to their relatives in...
Read MoreKathmandu. It has become possible to apply for Siddhartha Bank's debit card online.In addition, customers will be able to apply for a debit card from home without having to physically attend the bank if they need to get a new...
Read MoreKathmandu. The government has appointed former secretary Surya Prasad Silwal as the chairman of the long-vacant Insurance Committee. A meeting of the Council of Ministers has appointed Silval as the chairman of the committee. The Council of Ministers has appointed Silval as the chairperson of the committee on...
Read MoreKathmandu. Muktinath Development Bank has partnered with WeChat-Pay, a popular payment service in neighboring China, to promote digital payments. The agreement was signed by Assistant Deputy Chief Executive Officer Til Bahadur Gurung on behalf of Muktinath Development Bank. Following the agreement,...
Read MoreKathmandu. Sunrise Bank Limited has launched branchless banking service in Manthali Municipality Ward No. 11, Sawadanda, Gelu and Umakunda Village Municipality-7, Bhuj of Ramechhap District. With the launch of these two branchless banking services, the number of branchless banking services of the bank has reached...
Read MoreKathmandu. Continuing its partnership with the local government to provide facilities at the local level, Everest Bank has signed a loan agreement with the Kirtipur Municipality at a function held at its central office on January 31.Under this agreement, Everest...
Read MoreNepal's three largest telecom companies are preparing to launch an IPO in Nepal. In particular, Dis Media Network (Dishome), including Nepal's largest telecommunications company Ncell, and the third largest telecommunications company, Waldrlink, are also going to issue shares to the public.
Read MoreKathmandu. The size of Nepal's stock market is. the total market capitalization amount is Rs. 32.66 billion 758 million 24 thousand has been established. Nepal Telecom Company still has the largest share in the total market capitalization. The last share price of the company has...
Read MoreKathmandu. Rastriya Banijya Bank Limited, which is wholly owned by the Government of Nepal, has published its financial statements up to the second quarter of the Fiscal Year 2077/78. The bank has managed to earn a net profit of Rs 1.74 billion during the period....
Read MoreIPO allotment of Nepal Infrastructure Bank Limited concludes; valid 14,75,008 applicants get up to 50 units and lucky 4,92,072 applicants get 10 units extra
Read MoreKathmandu. The Nepal Stock Exchange (NEPSE) has set a new record with the highest number of transactions on the last day of the year (Thursday). The turnover in Nepse was Rs 9.89 billion. This turnover is still high. Earlier, a turnover of Rs 9.37 billion...
Read MoreKathmandu. Samridhi Finance has given the highest interest rate on savings and term accounts. It is offering interest rate up to 7.75 percent on savings and up to 9.75 percent on maturity. The institution has stated that it has put forward a plan of maximum...
Read MoreKathmandu. Most of the banks have increased their profits in the second quarter of the current Fiscal Year 2077/78. Of the 15 commercial banks that have made their financial statements public, 11 have a profit of over Rs 1 billion and seven have less than...
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