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…
