08-04-2013:
Nepal Bank is planning
to float right shares
soon. “Nepal bank will
issue right share soon
after mid-April,”
informed the coordinator
of Nepal Bank Maheshwor
Lal Shrestha briefing
the branch chiefs in the
two-day regional
interaction.
07-03-2013:
Global IME Bank has
opened a branchless
banking unit in Fulbari
VDC of Kailali district.
The branchless banking
facility was inaugurated
by the bank’s deputy
chief executive Janak
Sharma Poudel amid a
function.
06-03-2013:
Standard Chartered PLC
announced a 10th
consecutive year of
income, profit and
dividend growth. With
operations in many of
the world’s most dynamic
economies, the company
now has 26 markets
delivering over $100
million of income. Total
group income was up by
eight per cent to $19.07
billion.
05-12-2012
Almost half the
commercial banks have
yet to increase their
paid up capital to Rs
two billion, with less
than eight months
remaining for the
regulatory deadline.
Among the 15 banks, 4
new banks, Mega Bank,
Civil Bank, Century
Commercial Bank, and
Commerz and Trust Bank,
have yet to issue shares
to the public to
increase their paid up
capital, whereas the
remaining banks
including Nepal Bank
Limited, Rastriya
Banijya Bank, Standard
Chartered Bank, Everest
Bank, Bank of Kathmandu,
NCC Bank, Lumbini Bank,
NIC Bank, Kumari Bank,
Laxmi Bank and
Siddhartha Bank are also
either issuing bonus
shares or rights shares
to meet the deadline.
04-12-2012
The Global IME Bank
Limited has started
agro-loan programme,
targeting farmers in
mid, far-western
regions. The bank will
distribute the
agricultural loan of Rs.
50,000 to Rs. 10 million
through its branches in
Baitadi, Dadeldhura,
Dhangadhi, Lamki,
Surkhet, Dang, Ghorahi,
Tulsipur, Nepalgunj, and
Pushpalal Branch in
collaboration with KL
Dugad Group.
03-12-2012:
Standard Chartered Bank
Nepal has won the
prestigious ‘Bank of the
Year’ award at The
Banker Awards. The award
was handed over to chief
executive of the bank
Joseph Silvanus at a
grand gala dinner
programme held at The
Intercontinental Park
Lane Hotel, London.
29-11-2012:
Civil Bank Limited made
Rs. 2.27 billion net
profit in the first four
months of the current
fiscal year 2069-70 BS.
The bank has raised
10.34 billion deposits
while it has made Rs.
9.15 billion loan
disbursement during the
same period. The bank
has claimed that it has
zero unproductive loans
NIC Bank
has announced cash
dividend of Rs 25 per
share for fiscal year
2011-2012, which is
subject to regulatory
requirements and
approvals. The bank had
posted a net profit of
Rs 392 million in fiscal
year 2011-12, with its
earnings per share of Rs
29.87, return on assets
of 1.64 per cent and
return on equity of 19
per cent.
07-11-2012:
Everest Bank has opened
its 48th branch with ATM
service at Gongabu,
Kathmandu. The bank now
has 48 branches, two
extension counters, 20
revenue collection
counters and 62 ATMs.
01-05-2012
Sunrise Bank has opened
its 49th branch in
Nepalgunj on Monday. The
new branch will provide
enhanced modern banking
facilities including the
newly launched Sunrise
Mobile Banking service.
08-02-2012
Bank of Asia Nepal has
started mobile banking
services through Ncell’s
network too. Earlier,
the service was only
available on Nepal
Telecom’s mobile
services. Now
subscribers of both
mobile service providers
can enquire about
balance, get account
statement, transfer
funds and make mobile
bill payments through
this service
05-01-2012
The only government
owned bank — Rastriya
Banijya Bank (RBB) — has
finally got a chief
executive officer
following a long
exercise. The CEO
selection committee
headed by Energy
Minister Balanand Poudel
selected Krishna Prasad
Sharma as the new CEO
04-01-2012:
Nepal Investment Bank
Ltd (NIBL) has started
the MoneyGram
International Money
Transfer Services in
Nepal. Under the
arrangement,
transactions coming from
around more than 190
countries all over the
world can now be paid
from all the 41 branches
of NIBL.
21-12-2011
The Gairidhara branch
office building of
Sunrise Bank Limited (SrBL)
caught fire on Wednesday
morning. The blaze
occurred due to a
suspected short-circuit
in the diesel plant that
was being operated in
the hours of load
shedding.
04-12-2011:
Bank of Kathmandu (BoK)
has been awarded Bank of
the Year 2011-Nepal and
Kumari Bank has received
The Manthan Award South
Asia 2011. The Banker
Magazine, a publication
of the Financial Times
Group awards the banks
around the globe with
its prestigious The
Banker Award.
30-11-2010:
The leading bullion
importer NIC Bank has
launched ‘one kilo
silver bar’ targeting
the retail investors.
“It will allow the
public an option to buy
certified silver as an
investment instead of
keeping it cooped up in
the savings account,”
informed head of
financial markets
-commodities and
derivatives at the bank
Saroj Guragain.
16-11-2011:
Nepal Bank Ltd marks
75th anniversary. On the
occasion, President
Yadav expressed
happiness at the bank’s
services provided
through 112 branches
across the country.
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