Kathmandu — Commercial banks in Nepal earned nearly NPR 70 billion in net profit during fiscal year 2025/26. According to the fourth-quarter financial statements published by 20 commercial banks, the banks posted a combined net profit of NPR 69.87 billion. The combined profit increased by 32.27 percent, or NPR...
Kathmandu — The net profit of non-life insurance companies declined significantly in the last fiscal year, with the sector’s profitability continuing to come under pressure amid the slow recovery from losses caused by floods, landslides and the Gen Z protests. The combined net profit of non-life insurance companies fell...
Kathmandu — Nepal’s life insurance companies earned a combined net profit of nearly Rs 5.5 billion in fiscal year 2025/26. According to the fourth-quarter financial statements published by the insurers, 14 life insurance companies earned a total profit of Rs 5.45 billion during the year. The combined profit was 10.53 percent lower than in the previous fiscal year, when life insurance companies had earned...
Kathmandu — The net profit of non-life insurance companies declined significantly in the last fiscal year, with the sector’s profitability continuing to come under pressure amid the slow recovery from losses caused by floods, landslides and the Gen Z protests. The combined net profit of non-life insurance companies fell by 39 percent year-on-year to NPR 2.79 billion in the...
Editorial For the Nepal Insurance Authority (NIA), the past seven months have been marked not by regulatory breakthroughs, but by turmoil. The nation’s apex insurance watchdog has seen two of its most senior leaders fall under scrutiny—one acquitted, the other suspended—and now stands cautiously under interim leadership. These events, unfolding one after another, have exposed not just the fragility...
Kathmandu — The Supreme Court of Nepal has ruled that the issuance of Himalayan Reinsurance Limited’s initial public offering (IPO) at a premium price was not carried out in accordance with the law. In its recently published full verdict, the Court held that both the Securities Board of Nepal (SEBON) and the Nepal Insurance Authority (NIA) failed to comply...
Kathmandu — Commercial banks in Nepal earned nearly NPR 70 billion in net profit during fiscal year 2025/26. According to the fourth-quarter financial statements published by 20 commercial banks, the banks posted a combined net profit of NPR 69.87 billion. The combined profit increased by 32.27 percent, or NPR 17.05 billion, compared with the previous fiscal year. Commercial banks had earned a combined net profit of NPR 52.82 billion...