NPR 406.50
-0.50 (-0.12%)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.
Recent data from October shows that the introduction of broker margin loans injected up to Rs 23 billion into…Recent data from October shows that the introduction of broker margin loans injected up to Rs 23 billion into eligible fundamental stocks, pushing NEPSE above 2,700 points and causing a capital shift away from non-eligible speculative shares towards commercial banks and development banks like Lumbini Bikas Bank.
An analysis of Q1 financial reports shows a sharp divide among commercial banks, with disciplined banks like…An analysis of Q1 financial reports shows a sharp divide among commercial banks, with disciplined banks like Everest Bank maintaining strong profits and low NPLs, while several merged banks face severe negative distributable reserves and surging bad loans totaling over Rs 37.59 billion in accumulated losses across five major 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.
Sanima Capital has been appointed as the issue manager for Himalayan Hydro Fund Limited's upcoming IPO of 1.4…Sanima Capital has been appointed as the issue manager for Himalayan Hydro Fund Limited's upcoming IPO of 1.4 million shares worth Rs 140 million. An agreement was signed on Kartik 13, 2083 between the companies' representatives.
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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.
Sanima Bank Limited reported a 131.13% increase in net profit to Rs 1.05 billion for the first quarter of the…Sanima Bank Limited reported a 131.13% increase in net profit to Rs 1.05 billion for the first quarter of the fiscal year 2083/84, with its earnings per share rising to Rs 29.17.
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%.
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।
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.
Sanima Bank Limited has called its 3rd Annual General Meeting (AGM) for Kartik 20, 2083, to discuss annual…Sanima Bank Limited has called its 3rd Annual General Meeting (AGM) for Kartik 20, 2083, to discuss annual reports and financial statements for the fiscal year 2082/83, and to appoint an auditor for the fiscal year 2083/84.
NEPSE rose by 21.50 points to reach 2621.26, with the commercial banking sector contributing the most at 10.18…NEPSE rose by 21.50 points to reach 2621.26, with the commercial banking sector contributing the most at 10.18 points. A total of 188 companies gained while 80 declined during the session.
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 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.
Various listed companies have been holding their annual general meetings to approve financial reports…Various listed companies have been holding their annual general meetings to approve financial reports, dividends, and capital expansions. Everest Bank approved 5 percent bonus shares and 10 percent cash dividend, while Super Madi Hydropower approved 15 percent bonus shares and 0.78947 percent cash dividend along with a 1:2 rights issue for its Upper Tamor project.
Several listed companies across banking, finance, hydropower, and microfinance sectors have held their annual…Several listed companies across banking, finance, hydropower, and microfinance sectors have held their annual general meetings, passing proposals for dividends, capital increases, and mergers. Notable declarations include Everest Bank's 5 percent bonus and 10 percent cash dividend, and ICFC Finance's 10.52 percent cash dividend.