Kathmandu — Rastriya Jeevan Beema Company Limited has reported a net profit of Rs 20.8 million in the last fiscal year, reflecting a 16 percent decline compared to Rs 20.47 million in the previous fiscal year. Despite the fall...

Kathmandu – Global IME Bank Limited has been recognized with the prestigious ‘Best Bank in Nepal – Euromoney Award for Excellence 2025’, marking another milestone in its journey as a leading financial institution in the country. The Euromoney Awards,...

Swiss Re has delivered strong financial results in the first half of 2025, reporting a net income of US$2.6 billion. The reinsurer achieved a return on equity (ROE) of 23%, up from 19.6% a year earlier, supported by solid...

Kathmandu – Himalayan Re Insurance has reported a modest increase in net profit for the fourth quarter of the previous fiscal year, according to its unaudited financial statements. The reinsurer earned a net profit of Rs 1.39 billion by...

Geneva — Efforts to finalize the world’s first legally binding treaty on plastic pollution collapsed in Geneva on Friday, as more than 180 nations failed to overcome sharp divisions on how to address the escalating crisis. The 10-day summit...

Kathmandu – Trust Micro Insurance Company has published its unaudited financial statements for the fiscal year 2081/82, reflecting a mixed performance with profit contraction but notable growth in premium income and reserves. According to the company, its net profit...

Kathmandu — The majority of Nepal’s commercial banks are in a position to distribute dividends to their shareholders from the profits earned in the last fiscal year (2081/82). Out of the 20 commercial banks currently in operation, only four...

Kathmandu – National-level development banks in Nepal have reported robust growth in profitability, earning over Rs 5.60 billion in the last fiscal year, according to financial statements up to FY 2081/082. The eight banks currently operating in this sector...

Kathmandu – Nepal’s commercial banking sector has reported a substantial increase in profitability in the last fiscal year, according to financial statements up to the fourth quarter of FY 2081/82. The total profit of the 20 banks currently operating...

Kathmandu — The combined net profit of life insurance companies in Nepal fell by 16.01% in the fiscal year 2081/82, according to financial statements published by the insurers. The 14 life insurance companies currently in operation earned a total...