Category/exclusive-news (Total Articles : 2499 )
Hydropower's dividend potential up to 51%
Kathmandu. Seven hydropower companies have released their annual financial statements for the financial year 2078/79. According to the provision that listed companies must publish their details within one month of the end of the financial year, out of 32 companies, that number of companies have...
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Himalayan Bank and American Express launched New card services
Kathmandu. Himalayan Bank and American Express have launched two new cards for their local customers in Nepal namely Himalayan Bank American Express Credit Card and Himalayan Bank American Express Prepaid Card. The Himalayan Bank American Express Credit Card will be issued especially to the buyers...
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Himalayan Bank's 21.38 percent bonus shares listed
Kathmandu. Bonus shares of Himalayan Bank have been listed in Nepal Stock Exchange (NEPSE). On Wednesday, 2 crore 28 lakh 43 thousand 248.97 bonus shares of the bank were listed.The bank had distributed 21.38 percent bonus shares to the shareholders...
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Nepal becomes New Nepal, When Technology made in Nepal and Use in Nepal
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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Prime Bank, Investment Bank and Nabil Bank's employees are getting up to 50% bonus
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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13 commercial banks Non-performing loan has increased
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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Deposits continuous declined in commercial banks of Nepal
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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Unilever Nepal profit increased by 74 percent
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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Bounced check passers will be charged with banking offences in Nepal
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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Development Banks of Nepal profit is over 7 billion
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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Nabil Bank's distributable profit is Rs. 9.12 billion
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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Civil Bank's profit increased by 162 percent, 11 Percent Dividend Capacity
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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40 percent Dividend capacity of Nabil Bank net profit is 5 billion
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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Bank interest rates will not increase now
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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Strictness on share limit mortgage loan by Nepal Rastra Bank
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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