Biznews

Adjusted price of Fewa Development Bank
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March 29: NEPSE has adjusted 21.9% bonus share of Fewa Development Bank Ltd. The Adjusted price for FBBL is Rs.406 for 21.9% of bonus share. The Average Base Price of the bank is NPR…

Innovative Development Bank to distribute 28.42% dividend
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March 29: 6th AGM of Innovative Development Bank, under leadership of Devendra Bahadur Raut, Director of the bank has endorsed 28.42 percent dividend proposal. The meeting has also endorsed profit and loss statement, amendment proposal of Article of Association as per capital increase plan.…

NIBL Samriddhi Fund-1 NAV surges to Rs. 13.16
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March 28: Net asset value (NAV) of NIBL Samriddhi Fund-1 (NIBSF-1) has reported slight increase of Rs 0.57 to Rs 13.16 in Falgun end from Rs. 13.16 of Magh end. According to the financial report published today, income of the company amounted to Rs 56.1 million while outstanding income totaled Rs. 281.7…

Bhattarai elected as President of Lumbini Finance and Leasing
Bhattarai elected as President of Lumbini Finance and Leasing
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March 28: Lumbini Finance and Leasing Co. Ltd has been completed its 19th and 20th Annual General Meeting (AGM). In a recently held AGM, proposal on President, Balance Sheet and Profits and Losses statements were…

March 27: Nabil Investment Banking has been appointed share registrar of Bottlers Nepal and Bottlers Nepal Tarai Limited to carry out all the tasks related with share transactions such as dismissal of share registration, splitting of shares, ownership transfer and pledging collateral.…

AGM of Kalinchowk development Bank on April 16
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March 27: Fourth AGM of Kalinchowk development Bank is going to held on April 16, at Hotel Sangam Palace Charikot, Dolkha. In the meeting, proposals are being forwarded regarding annual report presentation, 6% bonus shares, endorsement of 0.32 % cash dividend and continuation of the merger proposal.…

Sewa Bikas Bank requests to open share beneficiaries account
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March 27: Sewa Bikas Bank is distributing 18% bonus share endorsed by its AGM. Bank is depositing bonus shares in share beneficiaries account of respective shareholders, thus has requested its shareholders to open share beneficiaries…

Janata Bank and Sakchyam join hands to provide branchless banking
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March 25: Janata Bank and UKAID Sakchyam-excess to finance have signed an agreement to provide branchless banking services to rural area of Dang, Kailali, Acham and Darchula. Kumar Lamsal, CEO of Janata Bank and Baljit Bohara, team leader of Sakchyam signed the agreement on behalf of their respective…

Tinau also joins Electrical Payment System
Tinau also joins Electrical Payment System
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March 25: Tinau Development Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited amid a program held on March 24. According to the agreement, Nepal Clearing House will provide NCHL-IPS service for interbank payment system to Tinau Development…

NMB Sulav Investment Fund-1 NAV increases to Rs 14.97
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March 24: NMB Sulav Investment Fund – 1 (NMBSF-1) is a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank’s subsidiary NMB Capital Limited.…

Adjusted price of Siddhartha Insurance
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March 24: NEPSE has adjusted 25% bonus share of Siddhartha Insurance Limited on Thursday. Prior to adjustment, price for SIL will be Rs.1256 for first transaction. Average base price of SIL is Rs.…

Rana elected President of NICCI
Rana elected President of NICCI
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Rana was elected president during the 21st annual general meeting of NICCI in Kathmandu, on…