BFI

Shangrila Development Bank’s CEO Shrestha Elected Chairman of DBAN 
Shangrila Development Bank’s CEO Shrestha Elected Chairman of DBAN 
  0   1 minutes 3 seconds to read

Chief Executive Officer Suyog Shrestha of Shangrila Development Bank has been unanimously elected as the Chairman of Development Bankers Association Nepal. DBAN’s 17th Annual General Meeting held in Chitwan unanimously appointed Suyog Shrestha as the Chairman of the association on March…

Rastriya Banijya Bank Signs Agreement With Nepal Remit International 
Rastriya Banijya Bank Signs Agreement With Nepal Remit International 
  0   1 minutes 2 seconds to read

Rastriya Banijya Bank has signed an agreement with Nepal Remit International, enabling migrant workers from different countries to transfer remittances through the bank to their families, friends and loved ones in…

Commercial Banks to Slash Interest Rates on Deposits and Lending From March 15

Commercial banks have decided to slash interest rates for the next month of Chaitra(mid-March to mid-April).  A meeting of the Nepal Bankers’ Association held on Thursday took the decision to cut the interest rates on deposits and lending for the next…

Govind Gurung Appointed CEO of Agricultural Development Bank
Govind Gurung Appointed CEO of Agricultural Development Bank
  0   1 minutes 34 seconds to read

Govind Gurung has been appointed as the Chief Executive Officer (CEO) of Agricultural Development Bank. The meeting of the Board of Directors has appointed Gurung for next four-year…

Government, NRB Positive to Remove Rs 120 millions'  Threshold on Margin Lending

Nepal government and Nepal Rastra Bank seem positive to remove the upper limit of Rs 120 million on loan against shares. In the fiscal year 2078/79, Nepal Rastra Bank(NRB) had tightened loans against shares by introducing the credit limit of 40/120…

Assets Under Management of NIBL Ace Capital Reaches Rs 4 Billion
Assets Under Management of NIBL Ace Capital Reaches Rs 4 Billion
  0   1 minutes 59 seconds to read

January 29:  The Assets Under Management (AUM) of NIBL Ace Capital Limited, one of the leading merchant banking and Investment banking company, has reached the size of Rs 4…