Sanima Bank and Press Council set up national journalism award
Kathmandu December 8- Sanima Bank, a class ‘A’ financial institution joined hands with Press Council Nepal (PCN) for the operation of ‘Press Council Sanima...
Cheque clearance volume down by 30%
Kathmandu December 8- Banks and financial institutions (BFIs) have seen a 30 percent drop in transactions by cheque in recent weeks, reflecting a contraction...
Insurance coverage period extended as a new relief measure for importers
Kathmandu December 8- Insurance Board (IB) has granted permission to the insurance companies to extend the validity of coverage period for freight stuck at...
Branch of National Cooperative Bank Ltd in Chadranigahpur
Kathmandu December 8- National Cooperative Bank has started a new branch in Rautahat, Chandranigahpur. Ramesh Prasad Pokharel, Chairman of the bank inaugurated the branch...
Standard Chartered Bank proposed of 15% bonus share and 27.11% cash dividend
Kathmandu December 7- BOD meeting held on December 7 has proposed of 15% bonus share and 27.11% cash dividend to their shareholders.
The proposal is...
ADB provides Rs. 9.54 billion loan
Kathmandu December 7- The Asian Development Bank (ADB) has agreed to provide an additional financing of 90 million US Dollars (approximately Rs 9.54 billion)...
Jebils Finance proposed of 16.75% bonus share
Kathmandu December 7- BOD Meeting of Jebils Finance Limited has proposed to distribute 16.75 percent bonus share and 0.8816 percent cash dividend for tax...
Mega Bank proposed of 10% bonus share
Kathmandu December 7- BOD meeting of Mega Bank Nepal Ltd. held on December 7 has decided to propose 10% stock dividend and 0.53% cash...
Solar panels to be made mandatory
Kathmandu December 7- Government is preparing to make it mandatory for government and commercial buildings to install solar roof-top systems to cope with the...
Issuance of LCs dropped by 50%
Kathmandu December 7- With a slump in imports as a result of India-imposed trade embargo and Tarai unrest, issuance of letters of credit (LCs)...
