Financial Support from Lumbini Development Bank to Sahara Football Academy

Kathmandu : Lumbini Development Bank Limited has provided financial support to the ‘Sahara Football Academy’ at Pokhara-17 Dobilla which is also the part of Sahara Academy Pokhara. The bank, which has been supporting the club in the past years,...


Shubhkarya Agricultural Cooperative Organization  7th Annual General Meeting has been completed, Net profit was at 1 million 808 thousand Rupees

Kathmandu : The Shubkarya Agricultural Cooperative Organization’s Sirha District located in Mirchaiya Municipality Ward No. 5 has been completed the annual general meeting. The organization organized the program targeting the members. The program was inaugurated under the chairmanship of...


Dividend proposal approved 5.5 percent by National Commercial Bank

Kathmandu : National Commercial Bank has approved 5.5 percent cash dividend proposal. The general meeting held on 14 January of Laghubitta has completed the general meeting with dividend. Dilip Kumar Dhungana, chairman of the bank’s board of directors, said...


Bank of England May Tighten Up Life Insurers’ Use of Offshore Reinsurance

The Bank of England may tighten supervision of life insurers’ use of the “funded reinsurance” market, typically alternative asset managers who make riskier investments, as corporate pension providers increasingly rely on this offshore sector. Funded Reinsurers help insurers manage...


The annual general meeting of 37 public companies is being held on 14th

Kathmandu : The annual general meeting of 37 public companies, including banks and financial institutions, listed in NEPSE, is being held on 14th of January, 2024 A.D. According to the Companies Act, the annual general meeting is scheduled to...


Savers of Employees’ Provident Fund will be able to get health services at KMC from February 1

Kathmandu : Savers belonging to Employees’ Provident Fund will be able to get health services at Kathmandu Medical College. The savings fund has also included Kathmandu Medical College to treat common and fatal diseases according to social security facilities. The...


Nepal Electricity Authority will issue IPO

The authority is going to restructure the financial structure of the organization and sell the shares of the organization to the general public in accordance with the Nepal Electricity Authority Act, 2041. The Ministry of Finance has already given...


Om Devi Malla has elected unopposed the President of the National Cooperative Federation

Kathmandu : Om Devi Malla has been elected an unopposed as the President of the National Cooperative Federation. Chairman Malla is a member of the Constituent Assembly, a board member of the International Cooperative Federation (ICA), She is an...


The Bank of Lumbini Development Bank General meeting hasbeen completed, dividend resolution passed

Lumbini Development Banks 8.50 percent dividend has been passed. The 16th annual general meeting of the bank has passed a resolution to distribute a total dividend of 8.50 percent with 4.50 percent cash dividend and 4 percent bonus share....


Mankamana Smart and Samata Gharelu Laghubittia Bittiya Sansthan are about to go in merger

Kathmandu : Mankamana Smart Microfinance and Samata Gharelu Laghubittia Bittiya Sansthan  (Domestic Microfinance) are going to merge. The central office of Mankamana Smart is located in Siddharth Nagar Municipality 5 of Rupandehi whereas the central office of Samata Laghubittia...