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Business | Market | Economy

"SEBON Free Trade Union Launches Special Edition of Share Market Digdarshan Publication Amid Festive Celebrations" 1
November 17, 2023

“SEBON Free Trade Union Launches Special Edition of Share Market Digdarshan Publication Amid Festive Celebrations”

Business | Market | Economy

During the festive occasions of Tihar, Nepal Sambat, and Chhat, the SEBON Free Trade Union introduced a special edition of its Share Market Digdarshan publication…

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In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank's head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank's extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector. 3
November 17, 2023

In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank’s extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector.

Business | Market | Economy

In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood…

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Citizen Life Insurance Company's Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position 5
November 10, 2023

Citizen Life Insurance Company’s Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position

Business | Market | Economy

In its recent disclosure of first-quarter financial results for the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) has reported a modest performance, revealing…

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Muktinath Krishi Company's Foreign Nepalese Immigrants IPO Sees Significant Oversubscription, Closing Today 7
November 10, 2023

Muktinath Krishi Company’s Foreign Nepalese Immigrants IPO Sees Significant Oversubscription, Closing Today

Business | Market | Economy

Muktinath Krishi Company Limited is concluding the issuance of its Initial Public Offering (IPO) for Foreign Nepalese Immigrants today, marking the 24th of Kartik as…

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Unilever Nepal Limited Reports 62.21% Surge in Q1 Net Profit, Demonstrates Strong Financial Performance for FY 2080/81 9
November 10, 2023

Unilever Nepal Limited Reports 62.21% Surge in Q1 Net Profit, Demonstrates Strong Financial Performance for FY 2080/81

Business | Market | Economy

Unilever Nepal Limited (UNL) has disclosed its financial outcomes for the first quarter of the fiscal year 2080/81, showcasing an impressive 62.21% surge in net…

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Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81 11
November 10, 2023

Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81

Business | Market | Economy

In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan Distillery Limited (HDL) revealed a substantial 51.24% decline in net…

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Prabhu Bank Limited Initiates Auction of Promoter Shares for General Public and Promoter Shareholders 13
November 9, 2023

Prabhu Bank Limited Initiates Auction of Promoter Shares for General Public and Promoter Shareholders

Business | Market | Economy, IPO | FPO

The current promoter of Prabhu Bank Limited (PRVU) is initiating an auction of 563,778 units of shares for interested individuals and institutions, starting from the…

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Non-Life Insurance Sector in Nepal Achieves Rs. 10.44 Arba Premium in FY 2080/81 15
November 9, 2023

Non-Life Insurance Sector in Nepal Achieves Rs. 10.44 Arba Premium in FY 2080/81

Business | Market | Economy

In the initial three months of the fiscal year 2080/81, concluding at the end of Ashwin, the non-life insurance sector in Nepal achieved remarkable success…

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Lumbini Bikas Bank Initiates Auction of Promoter Shares to General Public and Institutions 17
November 7, 2023

Lumbini Bikas Bank Initiates Auction of Promoter Shares to General Public and Institutions

Business | Market | Economy

The current promoter of Lumbini Bikas Bank Limited (LBBL) has initiated an auction of 2,00,639 units of shares, making them available for interested members of…

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NLBBL Initiates Auction of Promoter Shares to Existing Shareholders with Minimum Bid Rate of Rs. 350 19
November 7, 2023

NLBBL Initiates Auction of Promoter Shares to Existing Shareholders with Minimum Bid Rate of Rs. 350

Business | Market | Economy

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has initiated the auction of 26,665 shares of promoter stock to existing promoter shareholders. Interested parties are invited to…

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Kumari Bank Limited Initiates Auction of 5,30,000 Promoter Shares at Minimum Rate of Rs. 101 21
November 6, 2023

Kumari Bank Limited Initiates Auction of 5,30,000 Promoter Shares at Minimum Rate of Rs. 101

Business | Market | Economy

The existing promoter shareholder of Kumari Bank Limited (KBL) has initiated the auction of 5,30,000 units of promoter shares, starting from the 20th of Kartik,…

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Kumari Bank Successfully Concludes Allotment for 10% Debenture 2090 Issue 23
November 6, 2023

Kumari Bank Successfully Concludes Allotment for 10% Debenture 2090 Issue

Business | Market | Economy

Kumari Bank Limited (KBL) has successfully completed the allotment process for its recent “10% KBL Debenture 2090” offering on the 19th of Kartik, 2080. The…

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