Nepal Investment Bank and Mega Bank Nepal Limited have merged two banks and have formally started integrated business under the name of Nepal Investment Mega Bank. This bank, which has started integrated business with the slogan 'Moving together on the path of prosperity', has emphasized...
Read MoreKathmandu. The twelfth annual general meeting of Civil Bank Limited has been completed. As proposed by the board of directors from the said general meeting, bonus shares equal to 5% of the bank's paid-up capital and 0.26% cash dividend per share for tax purposes have...
Read MoreKathmandu. It has been announced that the economic growth rate of Nepal will be 5.1 percent in the fiscal year 2022/023 and 4.9 percent in 2023/024.The World Bank released its Global Economic Prospects report on Tuesday. According to the World...
Read MoreKathmandu. Commercial banks have decided to reduce interest rates in January. The meeting of Nepal Bankers Association, an organization of commercial bank CEOs, decided to reduce the interest rate in January. Banks have decided to reduce the interest rate by 1.13 percent for the month...
Read MoreKathmandu. Good news for bank job seekers. Siddharth Bank has requested employees for various posts.The bank has requested some number of employees for 6 posts in the office. By publishing a notification, the bank has asked for employees in Digital...
Read MoreKathmandu. After the merger with Prabhu Bank, the account numbers of Century Bank customers have also changed. The bank has informed that the account number of the customers who opened an account in Savik Century Commercial Bank has changed.According to...
Read MoreKathmandu. After the decrease in the demand for loans in banks, the opinion that the interest rate on deposits should be reduced from January 1 is getting stronger. Bankers say that even in the middle of January, there is no pressure on liquidity and when...
Read MoreKathmandu. Prime Minister Pushpa Kamal Dahal 'Prachanda' has received a vote of confidence in the House of Representatives with overwhelming support. Prime Minister Prachanda got 268 votes in the 275-member House of Representatives. There were only two votes against the Prime Minister from two small...
Read MoreKathmandu. There has been an increase in the stock market of Nepal recently. In a short period of time, the big number fell to around 1800 and for a few months the market kept hovering around 1900 with a small...
Read MoreThe impact of the financial crisis was seen in the insurance sectorKathmandu. A proof of how the impact of economic recession is reaching the level of common people is confirmed by the data of insurance policy surrenderers. This conclusion was...
Read MoreKathmandu. Prabhu Insurance Company and Azod Insurance Company have ended the process and signed a preliminary agreement with United Insurance Company. Azad Shrestha, chairman of Azod Insurance, informed EconomicNews.com that after the discussion at the Insurance Authority on Tuesday, Azod Insurance agreed to merge with...
Read MoreKathmandu. Himalayan Bank Limited has introduced cash recycler machines in various branches. At present, the bank is providing services by transferring seven cash recycler machines to the central office of the bank, Kamaladi, Thamel branch, Maharajganj branch, Newroad branch, Patan branch, Bharatpur branch and Bhairahawa...
Read MoreKathmandu. Integrated business of Global IME Bank and Bank of Kathmandu has started. Prime Minister Pushpa Kamal Dahal 'Prachanda' and Bank President Chandra Prasad Dhakal jointly launched the formal opening of the integrated business.After the merger with BOK, the integrated...
Read MoreKathmandu. The stock market continues to shine. Investors who were always disappointed before the formation of the new government have now become excited. After the new government's Prime Minister Pushpa Kamal Dahal and Finance Minister Bishnu Paudel started taking the necessary steps to improve the...
Read MoreKathmandu. The Nepal Telecommunication Authority has instructed internet service providers to close websites and applications related to crypto transactions, hyper networking and online gambling (betting).Nepal's current legal system considers crypto trading, networking and online gambling illegal. However, such websites and...
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