Microfinance

First Microfinance Laghubitta Bittiya Sanstha Limited Initiates Auction of 1,20,000 Promoter Shares Managed by Prabhu Bank Limited 5
Business | Market | Economy

First Microfinance Laghubitta Bittiya Sanstha Limited Initiates Auction of 1,20,000 Promoter Shares Managed by Prabhu Bank Limited

The current promoter of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has initiated the sale of 1,20,000 units of promoter shares through an auction, which commenced on 7th Falgun and will continue until 11th Chaitra, 2080. The auction involves the sale of the entire 1,20,000 units of promoter shares, and interested promoter shareholders or institutions

What do you guys think about Microfinance companies? 17
r/NepalStock

What do you guys think about Microfinance companies?

Do you think it’s too risky to invest in? Personally I’ve found these companies to have massively increased their profitability over the years and bull market ma jasto company ni ramro badcha. I’m planning to invest a significant portion of my portfolio in microfinance companies like ILBS, GMFBS, USLB, and some other. I have found

Recovery in Microfinance & Books Manipulations 21
r/NepalStock

Recovery in Microfinance & Books Manipulations

Despite the halt in loan flows, high base rates, and increasing credit costs, year-end financials in microfinance might show unexpected improvements. However, it’s crucial to remain vigilant as these changes could be due to creative bookkeeping in response to these difficult circumstances rather than a genuine financial recovery. View on r/NepalStock by Mindless-Papaya-1922

NRB Approves Merger of National and Summit Microfinance 23
Business | Market | Economy

NRB Approves Merger of National and Summit Microfinance

The Nepal Rastra Bank (NRB) has given its final approval for the merger between National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) and Summit Laghubitta Bittiya Sanstha Limited (SMFDB). National Microfinance (NMFBS) issued a press release announcing the approval. The merger proposal by National Microfinance was presented at a Special General Meeting (SGM) and was later

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