Kathmandu. The government-owned National Commercial Bank has entered its 58th year. The bank has been providing banking services by addressing the financial needs of the country. The bank has played a significant role in making the government policies and programs successful by providing loans to...
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Kathmandu. Nepal Insurance Authority has taken action against 10 insurance companies for not providing details on time. According to the authority, it has been warned for the first time for not providing quarterly details in accordance with the guidelines related to prevention of financial investment...
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Kathmandu. Four persons, including the CEO of Kamana Seva Bikas Bank, Praveen Wasnet, have been arrested on the charge of disbursing more loans with less collateral. The police arrested CEO Basnet along with employees, valuers and borrowers on the charge of disbursing more loans with...
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Kathmandu. Ganesh Raj Pokharel has continued as the Chief Executive Officer (CEO) of Citizens Bank International. The meeting of the board of directors of the bank held on Wednesday, January 18, appointed Pokharel as the CEO for the next 4 years.
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Kathmandu. NIC Asia Bank has completed the 'NIC Asia Merchant Meet 2023' program. NIC Asia Bank Limited, which is promoting digital banking with the long-term goal of becoming the 'Digital First Bank', has concluded the 'NIC Asia Merchant Meet 2023' on 13th January with the...
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Kathmandu. Nepal Rastra Bank has reduced ATM fees. The bank has reduced the inter-bank ATM, wallet and internet banking fees by issuing the integrated directive on payment system, 2079. The National Bank has reduced the fees charged for withdrawing money using wallet, internet and card...
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Kathmandu. Nepal Rastra Bank has given final approval to the merger of Himalayan and Civil Bank. Himalayan has received final approval from Rashtra Bank to acquire Civil Bank. The meeting of the Rastra Bank Board of Directors decided to give...
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Kathmandu. Businessmen of Kathmandu Valley came to Narajulus in Maitighar Mandala with this placard saying 'Banks are always in profit, industrialists are in loss'. Their demands ranged from addressing the demands of Prem Prasad Acharya, who committed self-immolation last week, to reducing interest rates.
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Kathmandu. Although it is insisted that the integrated business will be started within the month of January, it will take more time to merge Civil Bank into Himalayan Bank. Since the acquisition process could not be completed by the end of January, it was said...
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Kathmandu. In 6 months, the service fee income (net fee income) of commercial banks has reached about 13 billion rupees. This is shown in the second quarter financial report of the current financial year 2079/80 published by 22 banks that are currently operating.
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Kathmandu. Commercial banks have earned more than 30 billion profit. This is shown in the second quarter financial report of the current financial year 2079/80 published by the banks.By the end of January of the current year, commercial banks have...
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Kathmandu. In the 6 months of the current fiscal year 2079/80, the trade deficit is more than 7 billion. This is shown by the statistics published by the Customs Department up to the end of January of the current year.During...
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Kathmandu. Bikas Bank's profit has decreased after the release of the financial statements for the second quarter of the current financial year. In the financial statements of the 8 development banks of the national level for the second quarter of the current financial year, the...
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Kathmandu. Commercial banks have published their financial statements for the second quarter of the current financial year 2079/80.According to the details, during that period, the net profit of banks increased by 11.75 percent and reached 30 billion 26 billion 38...
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Kathmandu. Prabhu Bank, which recently acquired Century Commercial Bank, has earned a profit of Rs. The second quarter financial statement of the current financial year 2079-80 published by the bank on Saturday showed this.The bank has made a profit of...
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