Rastriya Banijya Bank celebrated its 59th anniversary, what did CEO Shrestha said ?

Kathmandu : Rastriya Banijya Bank has celebrated the 59th anniversary day on the  occasion of crossing 58 years of its service. The Chief of Rastriya Banijya Bank Executive Officer (CEO) Kiran Kumar Shrestha said that Rastriya Banijya Bank has...


When is the lock-in period of NIFRA ending?

Kathmandu. The lock-in period of Nepal Infrastructure Bank .Ltd (NIFRA) is going to end on 6th of March, 2024 A.D (23rd of Falgun, 2080 B.S). Currently 129.6 million shares of NIFRA are in the form of locked-in founder shares....


Suspicious transactions increased in Insurance and Banking systems; suspicion of money laundering of 36 Billion Rupees  

Kathmandu : In the last fiscal year, it is suspected that assets worth 36 billion 362.1 million Rupees have been laundered from insurance and banks as well as financial institutions. The Financial Information Unit under Central Bank of Nepal...


Global IME Bank brings both Movable and Immovable Properties to an Auction

Kathmandu: Global IME Bank Limited has issued a 15-day notice for mortgage asset auction sale. The bank has announced that it is going to auction the movable and immovable property of the listed borrowers. Those interested in purchasing the...


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...