NPR 551.00
+1.80 (+0.33%)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.
Nabil Bank Limited reported a net profit of Rs 2.55 billion for the first quarter of the fiscal year 2083/84…Nabil Bank Limited reported a net profit of Rs 2.55 billion for the first quarter of the fiscal year 2083/84, with its earnings per share standing at Rs 33.89.
Nabil Bank Limited published its first-quarter financial report for fiscal year 2083/84, reporting a net…Nabil Bank Limited published its first-quarter financial report for fiscal year 2083/84, reporting a net profit of Rs 2.55 billion and an annualized EPS of Rs 33.89.
Nabil Bank Limited reported a net profit of Rs 2.5 billion for the first quarter, driven by a reduction in…Nabil Bank Limited reported a net profit of Rs 2.5 billion for the first quarter, driven by a reduction in impairment charges and growth in net interest income. Its earnings per share (EPS) reached Rs 33.89.
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%.
Nabil Bank has applied to SEBON to issue 4 million units of debentures worth Rs 4 billion, with a maturity of…Nabil Bank has applied to SEBON to issue 4 million units of debentures worth Rs 4 billion, with a maturity of 10 years and an annual interest rate of 5.5%. Global IME Capital is the issue manager for the offering.
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.
नेपाल स्टक एक्सचेन्जमा सूचीकृत विभिन्न कम्पनीहरूले चालु आर्थिक वर्षका लागि आफ्ना सेयरधनीहरूलाई लाभांश घोषणा…नेपाल स्टक एक्सचेन्जमा सूचीकृत विभिन्न कम्पनीहरूले चालु आर्थिक वर्षका लागि आफ्ना सेयरधनीहरूलाई लाभांश घोषणा गर्ने क्रम तीव्र बनाएका छन्। सूचीकृत कम्पनीहरूमध्ये वाणिज्य बैंक, विकास बैंक, वित्तीय संस्था, जलविद्युत्, उत्पादनमूलक तथा सामूहिक लगानी कोष (म्युचुअल फन्ड) हरूले प्रतिफल घोषणा गरिसकेका छन्।
Nepal Rastra Bank temporarily closed its website due to security vulnerabilities in PHP, prompting banks…Nepal Rastra Bank temporarily closed its website due to security vulnerabilities in PHP, prompting banks including Siddhartha Bank, Global IME Bank, and Nabil Bank to also report partial service disruptions and take precautionary security measures.
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.
The average maximum deposit interest rates for commercial banks continued to decline for the month of Kartik…The average maximum deposit interest rates for commercial banks continued to decline for the month of Kartik, with individual deposit rates dropping to 4.013 percent and institutional rates to 3.003 percent, as various banks adjusted their rates.
Nabil Bank has launched the 'Nabil Virtual Credit Card' service, allowing eligible customers to obtain a…Nabil Bank has launched the 'Nabil Virtual Credit Card' service, allowing eligible customers to obtain a credit card via the nBank app and make QR payments at PhonePe merchants without physical cards. The service was introduced following an agreement between the bank and PhonePe Payment Service Limited on Wednesday, streamlining digital transactions and credit usage for customers.
Nabil Bank Limited has launched the 'Nabil Virtual Credit Card' service, allowing eligible customers to apply…Nabil Bank Limited has launched the 'Nabil Virtual Credit Card' service, allowing eligible customers to apply and use the credit card directly through its nBank app for digital transactions via Fonepay merchant QR codes.
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.
Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of fiscal year 2082/83…Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of fiscal year 2082/83, representing a 7.32 percent increase. Nabil Bank led with the highest net profit of Rs 1.80 billion, followed by Global IME Bank with Rs 1.69 billion and Prime Commercial Bank with Rs 1.14 billion, while Himalayan Bank recorded the highest percentage growth in profit at 55.13 percent.
Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of the current fiscal…Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of the current fiscal year, though several banks continue to report negative retained earnings due to past non-performing loans and heavy provisioning.
Investors are showing interest in lower-priced banking stocks, with Laxmi Sunrise Bank, Kumari Bank, Global…Investors are showing interest in lower-priced banking stocks, with Laxmi Sunrise Bank, Kumari Bank, Global IME Bank, and Prime Commercial Bank seeing significant trading activity on Monday.
Nabil Bank Limited held its 42nd AGM, approving a 15.80 percent dividend for fiscal year 2082/83, consisting…Nabil Bank Limited held its 42nd AGM, approving a 15.80 percent dividend for fiscal year 2082/83, consisting of 5 percent bonus shares and 10.80 percent cash dividend. The bank reported a net profit of Rs 7.91 billion for the year.