NPR 224.00
-5.00 (-2.18%)Today is the last day for Nepalese in foreign employment to apply for the IPO of Himal Power Partner, while…Today is the last day for Nepalese in foreign employment to apply for the IPO of Himal Power Partner, while local residents in project-affected areas can apply until Kartik 25. The company is issuing a total of 5,915,000 shares at Rs 100 per share.
about a related company
Commercial banks reported an average non-performing loan (NPL) of 5.64 percent for the first quarter of fiscal…Commercial banks reported an average non-performing loan (NPL) of 5.64 percent for the first quarter of fiscal year 2083/84, with Prabhu Bank recording the highest NPL at 14.80 percent and Everest Bank the lowest at 0.50 percent among 20 commercial banks.
Commercial banks earned a total net profit of Rs 19.14 billion in the first quarter of the fiscal year…Commercial banks earned a total net profit of Rs 19.14 billion in the first quarter of the fiscal year 2083/84, a 45.59% increase compared to the same period last year. Out of 20 banks, 17 reported increased profits while 3 saw declines.
Commercial banks earned a total net profit of Rs 19.13 billion in the first quarter, representing a 45.46%…Commercial banks earned a total net profit of Rs 19.13 billion in the first quarter, representing a 45.46% increase, though provisioning pressure left the overall sector with negative distributable profits of Rs 9.08 billion.
Citizens Bank International Limited published its Q1 financial report for fiscal year 2083/84, turning a net…Citizens Bank International Limited published its Q1 financial report for fiscal year 2083/84, turning a net profit of Rs 107.7 million compared to a net loss of Rs 220.4 million in the same period last year.
Following recent market gains, the NEPSE index closed at 2,690.15. Only three companies are currently trading…Following recent market gains, the NEPSE index closed at 2,690.15. Only three companies are currently trading below Rs 200: Rasuwagadhi Hydropower, Prabhu Bank, and Upper Tamakoshi Hydropower, while 41 companies are trading below Rs 300.
This overview details the annual general meetings, dividend proposals, bonus shares, and rights issues…This overview details the annual general meetings, dividend proposals, bonus shares, and rights issues announced by numerous listed companies, including banks, hydropowers, and microfinances for the past fiscal year, with several merging or distributing cash and bonus dividends to shareholders.
Citizen Bank International Limited has signed a memorandum of understanding with Athlete Land Pvt. Ltd. to…Citizen Bank International Limited has signed a memorandum of understanding with Athlete Land Pvt. Ltd. to offer discounts of up to 15 percent to the bank's cardholders and mobile banking customers.
Commercial banks have lowered their home loan interest rates following a decrease in base rates, with starting…Commercial banks have lowered their home loan interest rates following a decrease in base rates, with starting rates ranging across various banks and schemes such as 4.21% to 7.64%.
Citizens Capital is issuing 100 million units of Citizens Super 30 Mutual Fund at Rs 10 per unit, worth Rs 1…Citizens Capital is issuing 100 million units of Citizens Super 30 Mutual Fund at Rs 10 per unit, worth Rs 1 billion, starting from Mangsir 2 to Mangsir 7, 2081 (extendable to Mangsir 16). Of the total, 15 million units are reserved for promoter Citizen Bank International, with the public able to apply for the remaining 85 million units.
about a related company
Citizens Super 30 Mutual Fund is issuing 100 million units worth Rs 850 million starting from Mangsir 2 to…Citizens Super 30 Mutual Fund is issuing 100 million units worth Rs 850 million starting from Mangsir 2 to Mangsir 7, 2081 (extendable to Mangsir 16). The fund units are priced at Rs 10 each, with Citizens Bank International acting as the fund promoter and Citizens Capital as the issue manager.
about a related company
Citizens Mutual Fund is issuing its closed-end scheme 'Citizens Super 50' worth Rs 1 billion, consisting of…Citizens Mutual Fund is issuing its closed-end scheme 'Citizens Super 50' worth Rs 1 billion, consisting of 100 million units, starting from Mansir 2, 2081 with Citizens Capital acting as the issue manager and Citizens Bank as the fund promoter.
about a related company
Him Parbat Hydropower is issuing its IPO starting Kartik 11 targeting project-affected locals and…Him Parbat Hydropower is issuing its IPO starting Kartik 11 targeting project-affected locals and foreign-employed Nepalis. The company is offering a total of 5,915,000 units of shares at Rs 100 per share.
about a related company
Him Parbat Hydropower is issuing 5,915,000 shares worth Rs 59.15 crore as an IPO for local residents and…Him Parbat Hydropower is issuing 5,915,000 shares worth Rs 59.15 crore as an IPO for local residents and migrant workers, with an issue price of Rs 100 per share. ICRA Nepal has assigned it an issuer rating of BB+.
about a related company
Sixty-two listed companies in NEPSE have announced dividends from the previous fiscal year's distributable…Sixty-two listed companies in NEPSE have announced dividends from the previous fiscal year's distributable profits, with various banks, hydropowers, and mutual funds reporting their proposed bonus and cash dividend distributions.
Nineteen banks and financial institutions have declared dividends from the profits of the fiscal year 2082/83…Nineteen banks and financial institutions have declared dividends from the profits of the fiscal year 2082/83, with several having already distributed them to investors before Dashain while others await their annual general meetings.
Commercial banks have continued to lower their average deposit interest rates for the month of Kartik due to…Commercial banks have continued to lower their average deposit interest rates for the month of Kartik due to adequate liquidity and slow credit expansion, with various banks publishing updated individual and institutional rates. Average individual maximum deposit rates dropped to 4.013 percent, while institutional rates fell to 3.003 percent.
Citizens Bank International Limited has partnered with Citytech Group to offer installment credit and digital…Citizens Bank International Limited has partnered with Citytech Group to offer installment credit and digital loan facilities to its customers through the Loop Network.
Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of fiscal year 2083/84…Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of fiscal year 2083/84, with Nabil Bank leading in profit amount and Himalayan Bank leading in growth percentage.
Citizen Bank International Limited (CZBIL) held its 20th AGM and approved a total dividend of 4 percent…Citizen Bank International Limited (CZBIL) held its 20th AGM and approved a total dividend of 4 percent, comprising 3.80 percent bonus shares and 0.20 percent cash dividend for tax purposes, from the profits of fiscal year 2082/83.