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'summary' => 'September 12: Three additional commercial banks are all set to meet the paid-up capital requirement of Rs 8 billion set by the Nepal Rastra Bank. ',
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<p>NRB had instructed banks and financial institutions to meet the paid-up capital requirement by mid-July 2017.</p>
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p>Likewise, the paid-up capital of NIC Asia Bank is Rs 6.69 billion and is expected to reach Rs 8.3 billion soon.</p>
<p>Citizen’s Bank has a paid-up capital of Rs 6.92 billion, which will shoot up to Rs 8.2 billion after issuing the bonus shares.</p>
<p>NRB had instructed banks and financial institutions to meet the paid-up capital requirement by mid-July 2017.</p>
<p>Within the set deadline, three banks owned by the government – Rastriya Banijya Bank, Agriculture Development Bank and Nepal Bank – as well as two private banks including Nepal Investment Bank and Global IME Bank have fulfilled the requirement. </p>
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include - APP/View/Articles/view.ctp, line 116
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Three More Commercial Banks to Meet Paid-Up Capital Requirement
1 min 8 sec to read
September 12: Three additional commercial banks are all set to meet the paid-up capital requirement of Rs 8 billion set by the Nepal Rastra Bank. NIC Asia Bank, Citizens Bank and Nabil Bank are the banks which have taken necessary measures to ensure that they meet the requirement set by the central bank. The three banks have decided to call for their general assembly before Dashain to issue bonus shares. The paid-up capital of all three banks will cross the ceiling set by NRB after the issuing the bonus shares.
Nabil Bank’s paid-up capital is Rs 6.18 billion as of fiscal year 2016/17 but is expected to rise to 8.4 billion after issuing the bonus shares.
Likewise, the paid-up capital of NIC Asia Bank is Rs 6.69 billion and is expected to reach Rs 8.3 billion soon.
Citizen’s Bank has a paid-up capital of Rs 6.92 billion, which will shoot up to Rs 8.2 billion after issuing the bonus shares.
NRB had instructed banks and financial institutions to meet the paid-up capital requirement by mid-July 2017.
Within the set deadline, three banks owned by the government – Rastriya Banijya Bank, Agriculture Development Bank and Nepal Bank – as well as two private banks including Nepal Investment Bank and Global IME Bank have fulfilled the requirement.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Elements/side_bar.ctp, line 60
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'title' => 'Three More Commercial Banks to Meet Paid-Up Capital Requirement',
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'summary' => 'September 12: Three additional commercial banks are all set to meet the paid-up capital requirement of Rs 8 billion set by the Nepal Rastra Bank. ',
'content' => '<p>September 12: Three additional commercial banks are all set to meet the paid-up capital requirement of Rs 8 billion set by the Nepal Rastra Bank. NIC Asia Bank, Citizens Bank and Nabil Bank are the banks which have taken necessary measures to ensure that they meet the requirement set by the central bank. The three banks have decided to call for their general assembly before Dashain to issue bonus shares. The paid-up capital of all three banks will cross the ceiling set by NRB after the issuing the bonus shares.</p>
<p>Nabil Bank’s paid-up capital is Rs 6.18 billion as of fiscal year 2016/17 but is expected to rise to 8.4 billion after issuing the bonus shares.</p>
<p>Likewise, the paid-up capital of NIC Asia Bank is Rs 6.69 billion and is expected to reach Rs 8.3 billion soon.</p>
<p>Citizen’s Bank has a paid-up capital of Rs 6.92 billion, which will shoot up to Rs 8.2 billion after issuing the bonus shares.</p>
<p>NRB had instructed banks and financial institutions to meet the paid-up capital requirement by mid-July 2017.</p>
<p>Within the set deadline, three banks owned by the government – Rastriya Banijya Bank, Agriculture Development Bank and Nepal Bank – as well as two private banks including Nepal Investment Bank and Global IME Bank have fulfilled the requirement. </p>
<p> </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
