Tag: Nabil Bank

  • SEBON Plans to Launch Nabil Investment Banking’s New Mutual Fund Scheme “NI 31”

    SEBON Plans to Launch Nabil Investment Banking’s New Mutual Fund Scheme “NI 31”


     

    In the most recent list of mutual fund scheme pipeline status published by the Securities Exchange Board of Nepal (SEBON), “NI 31” has recently been added under preliminary review.

    The fund size for NI 31 will be Rs. 15 crores divided into 1.5 crore units with a par value of Rs.10 per unit. On Chaitra 16, the application was submitted to SEBON. The mutual fund scheme’s fund manager is Nabil Investment Banking Limited. Nabil Bank, on the other hand, is the scheme’s Fund Sponsor.

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

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


    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 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global IME Bank, on the other hand, has made a net profit of Rs. 3 Arba and 55 Crores. Agricultural Development Bank, on the other hand, has the lowest net profit of Rs. 10 crores.

    – With the successful merger of Global IME Bank and Bank of Kathmandu, the joint transaction in the name of Global IME Bank began on Poush 25, 2079.

  • Nabil Bank’s 18.50% bonus shares are now listed on the NEPSE.

    Nabil Bank’s 18.50% bonus shares are now listed on the NEPSE.


     

    Nabil Bank Limited (NABIL) has 42,240,881 unit bonus shares listed on NEPSE.

    On 29th Poush, 2079, the bank held its 38th AGM for the fiscal year 2078/79. The board of directors approved a 30% dividend for fiscal year 2078/79. On Mangsir 25, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 22.83 Arba. There was a proposal for 18.50% bonus shares worth Rs 4.22 Arba and 11.5% cash dividend (including bonus shares for tax purposes) worth Rs 2.61 Arba. NEPSE now lists the same bonus shares.