Roshan Koirala Appointed as Deputy Director General of CIBIFIN

Kathmandu : Roshan Koirala has been appointed as Deputy Director General of Confederation of Banks and Financial Institutions Nepal (CBFIN) and has also been given the responsibility of Head of Office. Koirala, who recently took voluntary leave from one...


IME Group Declaration to provide Rs.1 crore 50 lakh Earthquake Victims

Kathmandu: Companies and foundations promoted by IME Group including Global IME Bank, IGI Prudential and IME Life Insurance and IME Limited will support 1 crore 50 lakh rupees for the earthquake victims. According to the group, the money will...


A Comparative Study Between Nabil, Global IME and NIC Asia Bank

Kathmandu. Commercial bank Nabil Global IME and NIC Asia Bank have published the financial statement of the first quarter. Based on the financial statement published by the bank, the comparative report made by Bimapost between the three companies is...


The Interest Rate of Banks is Decreasing Gradually: Said, Finance Minister Mahat

Kathmandu : Finance Minister Dr. Prakasharan Mahat said that the economy of Nepal is moving towards a positive path. In a program organized on the occasion of the 15th anniversary of the Nepal Economic Journalists Association (NAFIJ), Finance Minister...


Inflation has increased due to failure to regulate supply system in the market : said Governor Adhikari

Kathmandu : Governer Mahaprasad Adhikari of Nepal Central Bank has said that since Nepal’s external sector is in a strong position, the country should be able to take advantage of it. In a program organized on the occasion of...


Locals Should Benefit the most from the Upper Arun Project: Finance Minister Dr. Mahat

Sankhuvasabha. Finance Minister Dr. Prakasharan Mahat said that the cooperation and participation of the local people is the most important when any big project is going ahead.During the inspection of Upper Arun semi-reservoir hydropower project Bhotkhola, Minister Dr. Mahat...


Six Commercial Banks are Affected by Bad Loans, if the Limit is Crossed, they Will not be Able to Distribute Dividends

Kathmandu : Due to bad loans, six commercial banks are unable to distribute dividends. According to the first quarter financial statement of 080/81, bad loans of commercial banks reached 3.4 percent on average. During the review period of the...


Nabil Bank’s Dividend Capacity is 13 Percent

Kathmandu: The profit of Nabil Bank, which is in the final preparation of dividend announcement, has decreased in the first quarter. The bank’s profit decreased by 6.51 percent and earned 1 billion 46 million 93 million rupees. During the...


Nepal Investment Mega Bank’s Profit Increased by 33 Percent, how About other Indicators?

Nepal Investment Mega Bank has earned a net profit of 1 billion 52 crore 22 lakh rupees till the first quarter of the current financial year. This is 33.47 percent more than the same period last year. Last year...


Central Bank to Sell Gold and Silver Bullion to Sikkim

Kathmandu: Central Bank is going to sell gold and silver coins to the general public from next Sunday. Aiming at Tihar, Central Bank is going to sell gold and silver on the day of Dhantrayodashi (10 November). According to...