Tag: Banks

  • Nepali Banks’ Interest Rate Review: Baisakh 2081 Update

    Nepali Banks’ Interest Rate Review: Baisakh 2081 Update


    In the most recent financial update, twenty commercial banks have announced revisions to their interest rates for the month of Baisakh. Interestingly, a majority of these banks, totaling 13, have opted to decrease their interest rates. However, notable exceptions to this trend include NMB Bank (NMB) and Everest Bank (EBL), which have instead chosen to raise their interest rates. Additionally, five banks have maintained their interest rates at the same level as the previous month of Chaitra.

    NMB Bank has attracted attention by offering the highest fixed deposit (FD) rate of 7.97% for individual fixed deposits in Baisakh, marking a significant increase from the 7% rate observed in the preceding month. Similarly, the average interest rate for institutional fixed deposits has seen an uptick from 6% to 6.97% during the same period.

    A closer examination of the comparison between Baisakh and Chaitra months reveals strategic shifts among various banks. Notably, NIC Asia Bank has taken the lead in reducing FD rates across the board. The bank has successfully decreased the maximum interest rate on individual fixed deposits by 0.80% and implemented a 0.85% reduction in the maximum interest rate on institutional fixed deposits.

    While some banks have maintained consistency in their interest rates for institutional fixed deposits, such as Citizens Bank International, Rastriya Banijya Bank, and Prabhu Bank, they have chosen to decrease rates for individual fixed deposits by 0.25%, 0.45%, and 0.50%, respectively.

    Amidst these fluctuations, the Agricultural Development Bank stands out with the lowest interest rates, offering a maximum of 5.661% on individual fixed deposits and 4.01% on institutional fixed deposits.

     

  • Question about Valuing Assets, Especially Land, of Banks, hotels and tourism sector.

    Question about Valuing Assets, Especially Land, of Banks, hotels and tourism sector.


    Hi everyone, I'm trying to understand how banks and other financial institutions value their assets, particularly land. Is land of Nepal bank limited(NBL), Soaltee Hotel (SHL) are fairly valued or what?
    Could someone explain the process to me in simple terms? I'm curious about factors like how they determine the value of land holdings, what's their actual valuations . Any insights or resources you could share would be greatly appreciated! Thanks in advance!

    View on r/NepalStock by Yunik_B

  • Who else bought banks and is regretting it?

    Who else bought banks and is regretting it?


    NEPSE 1800 huda maile bhako paisa le GBIME ra NABIL bank kineko. Aaile price 1800 ma huda kineko bhanda tala cha. Boru aaru sector ma lagako bhaye ramro return aaune raicha. Bechera aarko sector kinum bhane ni… Tetro loss garera k bechnu huncha. Anyone else on the same boat?

    View on r/NepalStock by Sufficient_Mine4864

  • Banks are reducing Interest rates AGAIN!!!

    Banks are reducing Interest rates AGAIN!!!


    Is this decrease in Interest rates done so that the NPL does not rise by a huge amount?
    I mean, a person taking a loan has to pay less interest, and thus the cost of converting that loan to a NPL is less.
    Or is there a specific reason?Like, who would keep an FD at 7-8%?

    View on r/NepalStock by Various_Ad14

  • Banks planning to reduce deposit interest further, no approval required for foreign investment in stocks

    Banks planning to reduce deposit interest further, no approval required for foreign investment in stocks


    is this a good news?

    Sources: [https://merolagani.com/NewsDetail.aspx?newsID=99417](https://merolagani.com/NewsDetail.aspx?newsID=99417)

    [https://merolagani.com/NewsDetail.aspx?newsID=99415](https://merolagani.com/NewsDetail.aspx?newsID=99415)

    View on r/NepalStock by captainright1

  • Commercial and Development Banks’ Performance in Nepal for FY 2080/81

    Commercial and Development Banks’ Performance in Nepal for FY 2080/81


    Nepal Rastra Bank has recently published data outlining the financial performance of both commercial banks and development banks for the initial five months of the ongoing fiscal year 2080/81, concluding in Mangsir.

    Concerning commercial banks, the combined net profit for the first five months of the fiscal year 2080/81 in Nepal reached Rs. 28.36 Arba. Noteworthy is Nabil Bank’s leading position, having attained the highest net profit of Rs. 2.96 Arba. Global IME Bank closely followed with earnings of Rs. 2.73 Arba, securing the second position, while NIMB claimed the third spot with a net profit of Rs. 2.6 Arba during this period. In contrast, Agricultural Development Bank reported the lowest net profit among commercial banks at Rs. 12.5 Crores.

    Turning to development banks, despite three out of the 17 banks incurring losses, the overall sector in Nepal achieved a net profit of Rs. 1.9 Arba. Muktinath Bikas Bank exhibited outstanding performance with an impressive net profit of Rs. 45.93 crore, closely followed by Garima Bikas Bank with earnings of Rs. 38.67 crore. Conversely, Corporate Development Bank and Narayani Development Bank reported the lowest profits in the sector, with earnings of Rs. 1.09 Crores and Rs. 10.7 Lakhs, respectively. Notably, Saptakoshi, Salapa, and Excel Development Bank faced challenges as they experienced net losses during the same period.

  • Top 10 Nepali Banks as per Highest Paid-Up Capital

    Top 10 Nepali Banks as per Highest Paid-Up Capital


    Top 10 Nepali Banks as per Highest Paid-Up Capital

    View on r/NepalStock by notbroker57

  • Banks declaring cash on dividend.

    Banks declaring cash on dividend.


    NIFRA (4%) and Citizens (9%) – both cash.
    This sub has been divided on cash or bonus share. It seems two of them are giving cash only. Is this good ?

    With CD ratio, it seems many are likely to follow same.

    View on r/NepalStock by captainright1

  • dev banks ko fundamental analysis ma dhyan dinu parne kura kk ho? kun indicator haru plus points hun?

    dev banks ko fundamental analysis ma dhyan dinu parne kura kk ho? kun indicator haru plus points hun?


    Thank you.

    View on r/NepalStock by UncrownedKing2184

  • GBIME 10% cash dividend, that’s around 4% dividend yield at CMP. Many banks are giving out cash dividend for last fiscal, so far NCCB and Sanima have also come up with decent cash dividend announcements.

    GBIME 10% cash dividend, that’s around 4% dividend yield at CMP. Many banks are giving out cash dividend for last fiscal, so far NCCB and Sanima have also come up with decent cash dividend announcements.


    GBIME 10% cash dividend, that’s around 4% dividend yield at CMP. Many banks are giving out cash dividend for last fiscal, so far NCCB and Sanima have also come up with decent cash dividend announcements.

    View on r/NepalStock by masakkkali

  • I was S=searching for my dad’s name on the internet google. Found a list of Dividend Rejected List by Nepal investment banks in my dad’s name. Since we have a script for that bank. How do I claim it?

    I was S=searching for my dad’s name on the internet google. Found a list of Dividend Rejected List by Nepal investment banks in my dad’s name. Since we have a script for that bank. How do I claim it?


    How do I claim the rejected divided that was rejected a few years back?

    We bought the FPO of NIB a long time back at 601. I assume it was a cash dividend that they are not able to send to my dad’s account due to the remark “Missing Creditor Name”.

    Who do I contact regarding this situation?

    View on r/NepalStock by [deleted]