Kathmandu — Nepal’s commercial banking sector has reported strong financial results for the fiscal year 2081/82, with most banks reporting improved profitability, stronger balance sheets, and healthier financial indicators. According to the latest disclosures, 10 out of 20 commercial...

Kathmandu — Life insurance companies across Nepal recorded a significant surge in business in Ashar, the final month of the last fiscal year 2081/82, earning first insurance premiums worth Rs 8.91 billion. According to data released by the Nepal...

Kathmandu — The Sunshine Group, under IME Life Insurance, has successfully organized a capacity-building training program for agency managers and team leaders in Koshi Province, accompanied by a special ceremony to honor top-performing agency managers. The event took place...

Kathmandu — Siddhartha Premier Insurance Limited has reported an overall improvement in its financial indicators for the fourth quarter of the last fiscal year. According to the company’s statement, net profit rose by 3.63 percent to Rs 713.1 million...

Kathmandu — Seven commercial banks have disclosed their fourth-quarter financial statements for the fiscal year 2081/82, revealing dividend distribution capacities ranging from 5.25% to 38.27%. The banks include Machhapuchhre Bank, Kumari Bank, Siddhartha Bank, Agricultural Development Bank, Citizens Bank,...

Kathmandu — Nepal Insurance Company Limited has extended the application deadline for its ongoing right share issuance until Bhadra 2 (August 18). The issuance offers a total of 6,576,967.76 units of right shares at a face value of Rs...

Kathmandu — Madan Bhatt, widely recognized as one of Nepal’s most successful insurance agents, has set benchmarks in the industry with an illustrious career spanning over two decades. Bhatta, who was born in Dadeldhura, Sudurpashchim Province, began his professional...

Kathmandu — The Black Diamond Group under IME Life Insurance has successfully concluded a two-day capacity-building training program for agency managers and team leaders of Koshi Province, alongside a special recognition ceremony honoring Agency Managers and MDRT 2026 qualifiers....

Kathmandu — Life insurance companies in Nepal have collected a total of Rs 182.27 billion in premiums from various insurance products by the end of the Ashar 2081/82, according to the Nepal Insurance Authority. The amount was generated from...

  Kathmandu — Life insurance companies in Nepal have reported significant growth in first premium collection in new business during the last fiscal year, with first insurance premiums reaching Rs 43.69 billion by the end of Ashar 2081/82. According...