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Tag: Banks

Everest Bank's Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp 1
April 20, 2023

Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp

Business | Market | Economy

  Everest Bank Limited (EBL) has released its third-quarter report for fiscal year 2079/2080, which shows a 62.63% increase in net profit. The net profit…

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The Book Closure Date for Kamana Sewa Bikas Bank's 4.64% Dividend has been announced. 3
April 18, 2023

The Book Closure Date for Kamana Sewa Bikas Bank’s 4.64% Dividend has been announced.

Dividend

Kamana Sewa Bikas Bank Limited (KSBBL) has scheduled its 16th Annual General Meeting for the 31st of Baisakh, 2080. The meeting will begin at 11:30…

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ICRA Nepal confirms the rating of NIC ASIA Bank's Rs 3 arba debenture as ICRANP LBBB. 5
April 12, 2023

ICRA Nepal confirms the rating of NIC ASIA Bank’s Rs 3 arba debenture as ICRANP LBBB.

Business | Market | Economy

  ICRA Nepal Limited has confirmed NIC Asia Bank Limited’s grade. The rating has been removed from the ‘Watch with Negative Implications’ category and moved…

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For the month of Baishakh, the NBA has decided to reduce interest rates to single digits. 7
April 12, 2023

For the month of Baishakh, the NBA has decided to reduce interest rates to single digits.

Business | Market | Economy

  According to the Nepal Bankers Association (NBA), the interest rate on fixed deposits would be reduced beginning in the approaching month of Baishakh, 2080….

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Development banks have decided to lower the interest rate on fixed deposits  9
April 12, 2023

Development banks have decided to lower the interest rate on fixed deposits 

Business | Market | Economy

During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved to drop the interest rate. The committee members have agreed…

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Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23. 11
April 11, 2023

Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23.

Business | Market | Economy

  Nepal Rastra Bank (NRB), Nepal’s central bank, has released the country’s current macroeconomic and financial situation based on eight months of data ending in…

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Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh. 13
March 19, 2023

Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.

Business | Market | Economy

Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the…

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Commercial Bank Fixed Deposit Interest Rates Remain Unchanged 15
March 9, 2023

Commercial Bank Fixed Deposit Interest Rates Remain Unchanged

Business | Market | Economy

  The Nepal Bankers Association (NBA) has decided to lower the interest rate on savings while keeping the interest rate on fixed deposits unchanged. The…

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Total Deposits Went Up Rs. 14 Billion in End Week of Magh, Lending Risen by Rs. 3 Billion 17
February 17, 2023

Total Deposits Went Up Rs. 14 Billion in End Week of Magh, Lending Risen by Rs. 3 Billion

Business | Market | Economy

The Nepal Bankers’ Association (NBA) has published a comprehensive study on deposit and lending trends in Nepal’s commercial banks. This information is current as of…

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Can I open a verified Paypal account in Nepal? 19
January 3, 2023

Can I open a verified Paypal account in Nepal?

Money Transfer to Nepal

Paypal is not available in Nepal. Now that the government have given permission to several banks to issue dollar cards to Nepali citizens, Paypal might…

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Becoming an Investor in Nepal 21
January 3, 2023

Becoming an Investor in Nepal

Finance Related, How To | What Is, Stock Exchange

Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts…

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Is cryptocurrency legal in Nepal? 23
January 3, 2023

Is cryptocurrency legal in Nepal?

Cryptocurrency in Nepal, Work at Home

So far, cryptocurrencies are illegal in a few countries, whereas the rest of the world either sees it as fitting to utilise these ‘monies’, or…

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