Machhapuchhre Bank’s Newly Appointed Chairman K.C Took Oath

The newly appointed chairman of Machhapuchhre Bank, Roshan KC, has taken the oath of office and secrecy before the Governor of Central Bank, Mahaprasad Adhikari. Deputy Governor, Executive Director and other officials of Central Bank as well as members...


Bank of England Sets Out Reform of Insurance Capital Rules to Boost Investment

Britain set out plans on Thursday to ease key banking and insurance rules in the latest attempt to boost its vital financial sector following the country’s departure from the European Union. Brexit has cut off Britain’s finance industry, which...


The First Bank of Nepal, Nepal Bank Entered the 87th Year, how much Paid up Capital has Reached?

Kathmandu : Nepal Bank, the first bank of Nepal, has entered its 87th year after completing 86 years. The bank was established in public private partnership (PPP) model with 10 investors with 842 thousand paid up capital, 1700 thousand...


Prabhu Insurance Progress Indicators Profit Increased by 21 Percent

Kathmandu : Prabhu Insurance has significantly improved its financial progress compared to the previous financial year. According to the financial statement of the first quarter of this financial year, progress has been seen in most of the indicators of...


Global IME Bank Aggressive to Attract Digital Transactions, Offers Such on Tihar

Kathmandu : Global IME Bank is going to give fixed cashback on buying goods through various digital transactions during Tihar. Bank’s debit or credit card customers will get 300 or 500 cashback for at least 3 transactions of 1000...


The Premium of Non-Life Insurance Company Increased by 8 Percent in one Month, Decreased by three Percent, what is the Condition of others ?

Kathmandu : Compared to the month of August, the total premium income of non-life insurance companies has decreased by 8 percent. The statistics of the insurance companies show that while the effects of the economic recession are being seen...


Deposits of Banks and Financial Institutions Increased by 2.8 Percent, a Significant Improvement in Foreign Exchange Reserves

Kathmandu : Deposit collection of banks and financial institutions increased by 2.8 percent. According to the Central Bank, the deposit collection of banks and financial institutions increased by 2.8 percent in the first three months of the current financial...


President of Everest Bank Dr. Balagopal Vaidya took Oath of Office and Secrecy

Kathmandu : The 360th Board of Director’s meeting of Everest Bank Limited, Board of Directors member Dr. Balgopal Vaidya has been appointed as the Chairman of the Board of Directors. Also, he has taken the oath of office and...


Improving the External Economics Condition in the Country

Kathmandu : Central Bank has released details of the economics and financial status of the first three months current financial statements According to public information the deposit collection of banks and financial institutions increased by over 2.8 percent. According...


ABA General Meeting has been Completed 

Kathmandu : Propose of program the economic development through the hydro power, Infrastructure development in Nepal organizing the ABA conference by the Bankers Association. Main propose of ”Asian Banking Roadmap for recovery and sustained growth” for the country. On...