Category/exclusive-news (Total Articles : 2595 )
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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Global IME and BOK to have integrated business from November
Kathmandu. Ratnaraj Bajracharya, Chief Executive Officer of Global IME Bank, has said that there will be an integrated transaction between Global IME and Bank of Kathmandu (BOK) within the coming November. He said this while speaking at the co-op card launching program for cooperatives held...
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Himalayan Bank earned 2.48 billion net profit
Kathmandu. Himalayan Bank has earned a net profit of 2 billion 48 crore 21 lakh rupees. The bank has earned net profit in the fourth quarter of last financial year. However, it has decreased compared to the same period of the previous financial year of...
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Prime Bank's net profit was 3 billion 68 crore Rupees,12.5 percent Growth
Kathmandu. Prime Commercial Bank's net profit increased modestly. According to the financial statements of the last financial year, the bank has earned a net profit of 3 billion 68 million 12 lakh rupees. Last year it was 3 billion 26 million rupees. This is 12.63...
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Himalayan and Bank of Kathmandu won the Melamchi Construction case in China High Court, Guarantee amount will be Return
Kathmandu. After 10 years of efforts, Himalayan Bank and Bank of Kathmandu (BOK) have won the case in China. Due to non-return of the bank guarantee amount, more than one and a half billion rupees of two bank accounts were lost. Both banks won the...
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Century Bank will be merged with Prabhu and Swap Ratio is 1:1
Kathmandu. Century Bank is going to be merged with Prabhu Bank. The agreement regarding the acquisition was signed on Sunday. Lilaprakash Sitaula, President of Prabhu Bank, said that the acquisition agreement was signed in the presence of the directors of both banks.
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The Social Security Fund will provide loans at low interest without collateral
Kathmandu. The Social Security Fund is also going to provide unsecured loans at cheap interest rates. With the approval of the 'Contributor Sapti Directory 2079' aimed at the contributors of the fund, the contributors will now give loans without collateral. Fund spokesperson Vivek Panthi said...
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Janardan Sharma re-appointed as finance minister
Kathmandu. President Bidya Devi Bhandari has appointed Janardan Sharma as Finance Minister on the recommendation of Prime Minister Sher Bahadur Deuba. Today, he appointed Sharma as a minister to take charge of the Ministry of Finance, which is currently held by the Prime Minister, according...
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Himalayan and Bank of Kathmandu got Permission to issue bonds
Kathmandu. Two companies have received permission from the regulatory body Nepal Securities Board SEBON to issue bonds. Himalayan Bank and Bank of Kathmandu got permission from Sebon to issue bonds on July 13.With the permission, Bank of Kathmandu will issue...
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The earthquake Shock feel in Kathmandu
Kathmandu. The shock of the earthquake was felt in Kathmandu. The shock of the earthquake was felt at 8:14 on Sunday morning.In 2072, before earthquake, which caused a huge loss of wealth, many people know it as 'ninety years of...
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