Banking

Standard Chartered reaffirmed with AAA Rating for fifth time in row

KATHMANDU, MARCH 27: ICRA Nepal has maintained the issuer rating of AAA for Standard Chartered Bank Nepal Limited (SCBNL) for the fifth consecutive...

Everest Bank, Nepal Clearing House forge partnership to facilitate cross-border digital payments

KATHMANDU, MARCH 17:  Everest Bank and Nepal Clearing House have signed a memorandum of understanding (MoU) on cross-border digital transactions.  Sudesh Khaling, CEO of...

“Govt’s sloppy regulation also caused current crisis in cooperative sector”

KATHMANDU, MARCH 14: Minister for Law, Justice and Parliamentary Affairs, Padam Giri, has said that the sloppy regulation on the part of the government...

Nerude, Mirmire commence joint operation

KATHMANDU, MARCH 14: Nerude Microfinance Company, located at Morang in Bratnagar, and Mirmire Microfinance Company, situated in Banepa of Kavre, have commenced their integrated...

Majority of commercial banks except NIC Asia trim down deposit interest rates

KATHMANDU, MARCH 13: Twenty commercial banks have made public new interest rates on the deposits for the coming Nepali month of Chaitra (mid-March to...

Shree Laligurans Multipurpose Cooperative declared problematic; promoters along with CEO found to be misusing...

MARCH 13: Shree Laligurans Multipurpose Cooperative located at Pulchowk in Lalitpur has been declared problematic. Releasing a press release yesterday, the Ministry of Land...

NMB Bank announces Gender Equity and Social Inclusion (GESI) Plan

KATHMANDU, MARCH 8: NMB Bank has announced its Gender Equity and Social Inclusion (GESI) plan, emphasizing its commitment to fostering inclusive and equitable societies....

Govt should take action against those launching attacks against BFIs, NBA demands

KATHMANDU, MARCH 8: : Nepal Bankers Association (NBA) has demanded the government take immediate action against those launching systemic attacks against the banks and...

Private sector spooked by bankers’ arrest

KATHMANDU, MARCH 3: The private sector, represented by organizations such as the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Confederation of Nepalese...

NIC Asia Bank annnounces to auction off over 500 thousand shares

KATHMANDU, FEBRUARY 28: NIC Asia Bank has today announced to sell 513 thousand 3 hundred 25 units of shares through a bidding process. The...

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