BFI

ICRA Nepal upgrades NMB bank's issuer rating   
ICRA Nepal upgrades NMB bank's issuer rating   
  0   1 minutes 25 seconds to read

April 29: ICRA Nepal has upgraded the issuer rating of NMB Bank Limited (NMB), indicating an adequate degree of safety regarding the timely servicing of financial…

'15 Commercial Banks Enough for the Country'
'15 Commercial Banks Enough for the Country'
  0   4 minutes 13 seconds to read

April 28: Experts and stakeholders have backed the concept of Nepal Rastra Bank (NRB) to reduce the number of banks and financial institutions, suggesting that the existing number of commercial banks have to be reduced by…

NBA Decides not to Issue LCs for importing Luxurious Goods
NBA Decides not to Issue LCs for importing Luxurious Goods
  0   1 minutes 26 seconds to read

April 11: The Nepal Bankers' Association (NBA), an umbrella body of chief executive officers of commercial banks, has decided not to issue letters of credit for the import of luxurious goods except in case of extremely needed…

MD of Grameen Trust Inaugurates Branch Office in Pokhara
MD of Grameen Trust Inaugurates Branch Office in Pokhara
  0   1 minutes 41 seconds to read

March 21: Managing Director of Bangladesh-based Grameen Trust, Sir A Hai Khan, inaugurated the Pokhara branch of Rastra Utthan Laghubitta Bittiya Sansthan Limited established in honor of Father of Microfinance Professor Mohammed Yunus, chairman of Grameen Trust,…

Standard Chartered gets AAA Rating for 3rd Consecutive Year
Standard Chartered gets AAA Rating for 3rd Consecutive Year
  0   1 minutes 5 seconds to read

January 31: Standard Chartered Bank Nepal has said that the bank has been reaffirmed with the issuer rating of AAA by ICRA Nepal, the first credit rating agency of the…

Muktinath Bikas Bank opens 32 branch offices at once
Muktinath Bikas Bank opens 32 branch offices at once
  0   1 minutes 56 seconds to read

January 4: Muktinath Bikas Bank has entered its 16th year of operation. On the occasion of its anniversary, the bank inaugurated 32 branch offices at once from the central office…

NIFRA Annual General Meeting Passes Financial Reports
NIFRA Annual General Meeting Passes Financial Reports
  0   1 minutes 22 seconds to read

December 17: The third Annual General Meeting (AGM) of Nepal Infrastructure Bank Limited passed the report of the Board of Directors of the Fiscal Year 2077/78 and the financial statements unanimously amid a programme held on December…

MoU between Panchkhal Municipality and NIFRA 
MoU between Panchkhal Municipality and NIFRA 
  0   59 seconds to read

July 28: Panchkhal Municipality has signed a Memorandum of Understanding (MoU) with the Nepal Infrastructure Bank Limited (NIFRA) to move ahead with the development, construction and implementation of well-equipped urban infrastructure in the municipality through public private…

Laxmi Bank to Provide Concessional Loan to People of Solukhumbu Village
Laxmi Bank to Provide Concessional Loan to People of Solukhumbu Village
  0   1 minutes 6 seconds to read

January 12: Laxmi Bank has signed a MOU with Thulung Dudhkoshi Rural Municipality of Solukhumbu to extend concessional loans at subsidized rates to various entrepreneurs, firms, companies, as well as cooperatives under recommendation and facilitation of the rural municipality.…

NIFRA to Issue IPO from January 15
NIFRA to Issue IPO from January 15
  0   1 minutes 5 seconds to read

January 5: Nepal Infrastructure Bank Limited (NIFRA) has appointed NIBL Ace Capital Limited as its issue manager for the IPO issuance.…