Category/exclusive-news (Total Articles : 2499 )
Himalayan and Civil Bank's Merger Acquire Sign Agreement : Swap ratio 100: 81 Percent
Kathmandu. Himalayan Bank Limited has signed a Memorandum of Understanding (MoU) to acquire Civil Bank Limited. The MoU was signed by Prachanda Bahadur Shrestha, Chairman of Himalayan Bank and Pratap Jung Pandey, Chairman of Civil Bank. A memorandum of understanding has been signed between the...
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Governor Maha Prasad Adhikari Affiliated with political party ?
Kathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has said that he is not affiliated with any political party. After finding the name of M Adhikari of Khotang in the CPN-UML's Finance and Planning Department, Governor Adhikari clarified that he was not affiliated with...
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37 billion Foreign investment commitment from China
Kathmandu. In the current fiscal year, the highest foreign direct investment (FDI) commitment has been made in three years. China has committed Rs. 37.04 billion for 203 projects. In the second place, 12 projects from India have committed Rs 2.48 billion. Since then, 12 projects...
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Himalayan and Civil Bank Merger signed on Wednesday July 13
Kathmandu. An agreement was reached between Himalayan Bank and Civil Bank at midnight. The operator of Civil had given the conclusion that he could not go to Himalayan Bank on Tuesday evening. As per the agreement reached at midnight, Civil Bank will merge with Himalayan...
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Civil Bank merger partner is Citizens Bank : Swap Ratio to be 100:97 percent
Kathmandu. Chairman of Civil Bank Pratap Jung Pandey has replied that time has passed for merging with Himalayan. At the same time, the chapter of merger between these two banks has been closed. Recently, Civil Bank has reached a gentlemanly agreement with Citizens Bank to...
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48 billion more foreign investment commitment, Rs. 37.04 billion from China
Kathmandu. More than Rs 48 billion foreign investment commitment has been received in the current fiscal year. According to the Department of Industry, which approves foreign investment, foreign investment commitment of Rs. 48.2 billion has been made till July 12 of the current fiscal year.
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Tight monetary policy by NRB within the Third week of July (Sharwan 1st week 2079)
Kathmandu. Nepal Rastra Bank is preparing to bring the monetary policy for the coming Fiscal Year 2079/80. NRB has been conducting discussions and suggestions with various experts on monetary policy. NRB Assistant Spokesperson and Information Officer Narayan Prasad Pokharel informed that preparations are being made...
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Deposits of commercial banks increased by one trillion rupees
Kathmandu. Deposits of commercial banks have improved since the beginning of July. One trillion deposits have been added to commercial banks in the first three weeks of this month. The deposits of commercial banks stood at Rs. 43.94 trillion as of July 15. The deposit...
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China's banks in crisis : Thousands of customers take to the streets to return their savings
Agency. The general public has long been on the streets in China demanding the return of deposits. They have taken to the streets demanding the return of their bank deposits. On Sunday alone, thousands of depositors protested in front of China's central bank, the People's...
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Nabil and Nepal Bangladesh Bank start integrated business
Kathmandu. Nabil Bank Limited and Nepal Bangladesh Bank have completed all the acquisitions and started integrated business from Monday. After the merger of the two banks, financial transactions have been conducted in an integrated manner under the name 'Nabil Bank Limited'.
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904 billion remittances received with in eleven months
Kathmadu. In the eleven months of the current Fiscal Year, it has increased by 3.8 percent. According to data released by the National Bank on Monday, remittance inflows increased by 3.8 percent to Rs. 904.18 billion during the review period. The remittance inflow had increased...
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62 employees of Nepal Bangladesh Bank choose VRS retirement and got two-year salary facility
Kathmandu. Sixty-two employees of Nepal Bangladesh Bank who do not want to participate in the merger will get bumper facility due to clean retirement facility. So far, 62 people working in Nepal Bangladesh Bank have opted for voluntary leave. After the merger agreement, NB Bank...
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13,000 more blacklisted Who have not settle the banking and financial loan
Kathmandu. The number of blacklisted traders is increasing every year due to non-payment of principal and interest on loans taken from banks and financial institutions. In the current fiscal year 2078/79 alone, the number of those on the blacklist has exceeded 13,000. According to...
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200 individuals and organizations were blacklisted in one day
Kathmandu. On the same day, about 200 people and industries have been blacklisted. According to the CIB, 181 institutions and individuals were blacklisted on Friday alone. According to statistics, 181 people were blacklisted by various industries and individuals on Friday alone.
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Merger in insurance not easy, Merger Agreement dismiss even those who have agreed
Kathmandu, July 9: Insurance companies are currently in the final stages of merging. Seven insurance companies have already signed a merger agreement, while some companies are trying to reach a merger agreement. Of them, 5 life insurance companies and 2 non-life insurance companies have signed...
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