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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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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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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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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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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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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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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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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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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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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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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Kathmandu. After the announcement of the National Bank of India to give discount facilities only to the banks that have integrated business till the end of December, the banks that have entered into merger agreement have also moved forward with preparations to do integrated business...
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Kathmandu. Nepal Bank has launched Nepal Bank Double Dhamaka Term Account. According to the bank, the amount invested by individuals in this term account will be doubled in 6 years 4 months 20 days, while in the case of institutions, the amount will be doubled...
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Kathmandu. Earnings per share (EPS) of most commercial banks have increased in the last financial year. According to the financial statements of the financial year 2078/79 published by 12 commercial banks, it has been found that the EPS of most of the banks has increased.
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Kathmandu. Everest Bank has made a leap in net profit. According to the unrevised financial statement of the fourth quarter of the last financial year released by the bank on Thursday, the net profit has increased by 43.77 percent. By the end of June...
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