KATHMANDU: Global IME Bank Limited has been honored with the Euromoney Award for Excellence 2024.…
KATHMANDU: Global IME Bank Limited has been honored with the Euromoney Award for Excellence 2024.…
KATHMANDU: Interest rates on both deposits and loans of banks and financial institutions have declined due to excess liquidity in the banking…
KATHMANDU: The OPEC Fund for International Development has agreed to provide a loan of US$25 million to Global IME Bank Limited.…
KATHMANDU: The profits of banks and financial institutions dropped by over 15 percent as of mid-May in the current fiscal year due to the decline in economic activities and weak loan recovery.…
KATHMANDU: Governor of Nepal Rastra Bank, Maha Prasad Adhikari, has stated that bad loans of the banking sector cannot be reduced unless the cooperatives sector is reformed.…
KATHMANDU: The bad debts of banks and financial institutions (BFIs) have surged to a 10-year peak of 3.98 percent, largely attributed to the economic slowdown following the COVID-19…
KATHMANDU: Mahalaxmi Bikas Bank and Nepal Clearing House Limited (NCHL) have signed a memorandum of understanding (MoU) for facilitating international transaction payments between Nepal and…
Kathmandu: Global IME Bank Limited has been awarded the prestigious title of the Best Bank in Nepal for 2024 by Global Finance Magazine.…
April 7: Standard Chartered Bank Nepal Limited has inaugurated its Dharan branch at Mukumlung Complex, Ramailo Chowk. Issuing a statement on Sunday, the bank said that the branch operation commenced on April…
February 18: Aloi Private Limited, a platform dedicated to lending to emerging market green micro-entrepreneurs through verified merchants, and Kumari Bank Limited announced the signing of a Memorandum of Understanding (MoU) on February 15 to explore, evaluate, cooperate, and potentially work towards initiating and upscaling sustainable and green financing through digital financial literacy…
December 7: Standard Chartered Bank Nepal Limited (SCBNL) has announced ‘Enhanced Parental Leave Benefits’ for its employees as part of its commitment to fostering an equitable and inclusive…
December 1: Standard Chartered Bank on Friday announced a donation of USD 100,000 (NPR 13.3 million) to the British Red Cross, the bank’s emergency response partner, to support the victims of the recent earthquake in western…
November 27: Kumari Bank Limited has paid insurance amount worth Rs 80 million to 4,500 customers of the bank under the 'Family Protection Savings Account'…
July 26: Sanima Bank has signed a partnership agreement with Swisscontact Nepal for the Phase II of Agriculture Market Development Program Phase with the goal of strengthening the capacity of the bank to finance agro-based SMEs in Koshi…
Kamana Sewa Bikas Bank has announced the appointment of Dinesh Thakali as its new Chief Executive Officer (CEO), effective from May 28, 2023. Thakali's appointment was made by the bank's Board of Directors during a meeting held on…
