NEWS

Nabil Bank Records Rs 2.68 bn Net Profit by 3rd Quarter
Nabil Bank Records Rs 2.68 bn Net Profit by 3rd Quarter
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May 3: Nabil Bank has earned Rs 2.68 billion net profit by the third quarter of the current FY. The net profit of the bank has increased by nearly 31 percent compared to corresponding period of the last FY. During the corresponding period of the last FY, the bank earned Rs 2.05 billion net profit. The increase in net profit is attributed to increase in interest income of the bank. The bank has been able to earn Rs 4.08 billion interest income during the period. Similarly, the operating profit of the bank…

Qatar Airways Privilege Club Wins Best Rewards Programme in the Middle East, Asia and Oceania Region

May 3: Qatar Airways’ frequent flyer programme, Privilege Club, has been voted the Best Rewards Programme for the Middle East, Asia and Oceania region in the sixth annual FlyerTalk Awards. FlyerTalk is a community of more than half a million businesses and leisure travellers dedicated to finding and sharing elite-level knowledge of air, hotel and car rental…

Vianet Launches Unlimited Internet Offer
Vianet Launches Unlimited Internet Offer
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May 3: Internet Service Provider, Vianet Communication has launched unlimited internet services to its…

BOK Appoints Nabil Investment as Issue Manager
BOK Appoints Nabil Investment as Issue Manager
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May 3: Bank of Kathmandu (BOK) has appointed Nabil Investment Banking as its issue manager. The both institutions sign a memorandum of understanding regarding the matter on May 2. Ajay Shrestha, CEO of BOK and Prabin Raman Parajuli, CEO of Nabil Investment signed the agreement, said the bank in a press…

Sunrise Bank Adds 3 BLB Units
Sunrise Bank Adds 3 BLB Units
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May 3: Sunrise Bank has started three branchless banking (BLB) units as per its objective of providing financial services in the areas lacking banking accessibility. The bank started BLB units in Shukrabare Bazar of Illam and Chimadi Bazar and Kalabanjar of Sunsari. The bank handed over point of sale machines to local representatives to carry out the…

Nepal SBI Bank to Issue 10:4 Right Shares
Nepal SBI Bank to Issue 10:4 Right Shares
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May 3: Nepal SBI Bank is issuing 10:4 right shares. The bank is set to issue the right shares from May 21 to June 25. The bank will be issuing 19,919,423.6 units of right shares with a face value of Rs 100 to its existing…

Government Neglecting Insurance of Hydropower Projects
Government Neglecting Insurance of Hydropower Projects
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May 2: The government has not insured the hydropower projects it has constructed so far. Due to which, the private sector is also being insensitive regarding this…

‘Real School of Nepal - 2017’ on June 5
‘Real School of Nepal - 2017’ on June 5
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May 2: Real School of Nepal- 2017, organized by Dabur Nepal is going to kick-off from June 5. Issuing a press statement, the company producing Real fruit juice informed that the new season of the competition will be held in…

India Supports EC with Automobiles
India Supports EC with Automobiles
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May 2: The Indian Government has supported Election Commission (EC) with automobiles worth Rs 890 million for upcoming local level elections in…

Siddhartha Bank’s UNO Credit Card
Siddhartha Bank’s UNO Credit Card
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May 2: Siddhartha Bank has launched Siddhartha UNO credit card in collaboration with UNO Internet Venture. The bank brought the UNO credit card by…

Ncell Launches New Offer on Saapati
Ncell Launches New Offer on Saapati
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May 2: Ncell has launched a new offer on Saapati, whereby all Ncell prepaid customers will now be able to take more credit under Saapati facility without paying any service charge, in case of emergency when their main balance is low to use Ncell…

Bajaj’s Showroom in Hetauda
Bajaj’s Showroom in Hetauda
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April 30: Hulaschand Hansraj Golchha, the authorized distributor of Bajaj Auto for Nepal has opened an official showroom for Bajaj in…

Drishti Eye-care System in Kalanki
Drishti Eye-care System in Kalanki
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April 30: Drishti Eye-care System has also started its services from Kalanki,…

Himalaya Airlines Launches Dubai Flights
Himalaya Airlines Launches Dubai Flights
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April 30: Himalaya Airlines has started its direct Kathmandu-Dubai-Kathmandu flights from April…