Citizens

Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years 5
Business | Market | Economy

Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years

Citizens Bank International Limited (CZBIL) is launching a home loan scheme featuring a fixed interest rate of 9.99% for the initial seven years, providing customers with an opportunity to realize their dream homes. Following this initial period, a premium rate, 1% higher than the bank’s average monthly base rate, will be applicable. The home loan […]

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Citizen Life Insurance Lists 18,75,000 Bonus Shares on NEPSE After 7th AGM Approval 7
NEPSE NEWS

Citizen Life Insurance Lists 18,75,000 Bonus Shares on NEPSE After 7th AGM Approval

Citizen Life Insurance Company Limited (CLI) has successfully listed 18,75,000 units of bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 7th Annual General Meeting (AGM) held on the 14th of Magh, 2080, where a dividend of 5.2632% for the fiscal year 2079/80 was endorsed. The proposed distribution included 5% bonus shares […]

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Citizens Bank Partners with Vinayak Hospital: Up to 10% Discount for Cardholders & Mobile Banking Users 9
Business | Market | Economy

Citizens Bank Partners with Vinayak Hospital: Up to 10% Discount for Cardholders & Mobile Banking Users

Introducing an exclusive partnership between Citizens Bank International Limited (CZBIL) and Vinayak Hospital & Maternity Home Pvt. Ltd., Tokha, Kathmandu! As of 19th Magh 2080, customers holding Citizens Bank International cards or utilizing mobile banking services are in for a treat. With the newly signed Memorandum of Understanding (MoU), Vinayak Hospital extends a generous discount […]

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Citizens Capital Mutual Funds Report Growth: NAV and Net Profit on the Rise 11
Business | Market | Economy

Citizens Capital Mutual Funds Report Growth: NAV and Net Profit on the Rise

  Citizens Super 30 Mutual Fund (C30MF) unveils its latest Net Asset Value (NAV) report for the month of Poush, showcasing a notable increase from Rs. 10.40 to Rs. 10.77. As a closed-end fund with a maturity period of 10 years, C30MF boasts a substantial fund size of Rs. 75.07 Crores. The fund strategically allocates […]

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Citizens Bank Q2 Report: Profits Dip 6.96%, Challenges Emerge 13
Business | Market | Economy

Citizens Bank Q2 Report: Profits Dip 6.96%, Challenges Emerge

Citizens Bank International Limited (CZBIL) has disclosed its financial performance for the second quarter of fiscal year 2080/81, revealing a 6.96% decline in net profit to Rs 78.27 Crores. The bank’s total paid-up capital is reported at Rs. 14.20 Arba, with reserves amounting to Rs. 6.77 Arba. However, retained earnings have recorded a negative value […]

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Listing Update: 10% Citizens Bank Debenture 2090 (CIZBD90) Now Tradable on NEPSE 15
NEPSE NEWS

Listing Update: 10% Citizens Bank Debenture 2090 (CIZBD90) Now Tradable on NEPSE

An agreement between Citizens Bank International Limited (CZBIL) and the Nepal Stock Exchange (NEPSE) has been formalized for the listing of the “10% Citizens Bank Debenture 2090 (CIZBD90).” The agreement marks the listing of 30,00,000 units at a par value of Rs. 1000 per unit. The debenture issue commenced on the 17th of Ashwin and […]

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Citizen Life Insurance Company Prepares for 7th AGM, Proposing a 5.2632% Dividend for FY 2079/80 17
Dividend

Citizen Life Insurance Company Prepares for 7th AGM, Proposing a 5.2632% Dividend for FY 2079/80

Citizen Life Insurance Company Limited (CLI) has scheduled its 7th Annual General Meeting (AGM) for the 14th of Magh, 2080. The venue for the meeting is Amrapali Banquet, Naxal, Kathmandu, and it is set to commence at 11 AM on that day. One of the key agendas for the AGM is the endorsement of a […]

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United Mewa Khola Hydropower Enters IPO Agreement with Citizens Capital for "Mewa Khola Jalbidhyut Ayojana" Project" 19
IPO | FPO

United Mewa Khola Hydropower Enters IPO Agreement with Citizens Capital for “Mewa Khola Jalbidhyut Ayojana” Project”

In a ceremony held at Dillibazar, Kathmandu, United Mewa Khola Hydropower Limited officially entered into an Initial Public Offering (IPO) Issue Management Agreement with Citizens Capital Limited. The agreement, signed by Mr. Aashish Thapa, the Executive Chairman of United Mewa Khola Hydropower Limited, and Mr. Sabir Bade Shrestha, the CEO of Citizens Capital Limited, outlines […]

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