Posted inBusiness | Market | Economy Nepal Life Insurance Reports 10.25% Growth in Net Profit and Strong Financial Indicators in Q1 Posted by By Mero Share November 17, 2023 Nepal Life Insurance has reported a notable expansion in its business volume and key financial…
Posted inBusiness | Market | Economy “SEBON Free Trade Union Launches Special Edition of Share Market Digdarshan Publication Amid Festive Celebrations” Posted by By Mero Share November 17, 2023 During the festive occasions of Tihar, Nepal Sambat, and Chhat, the SEBON Free Trade Union…
Posted inBusiness | Market | Economy In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank’s extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector. Posted by By Mero Share November 17, 2023 In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR)…
Posted inBusiness | Market | Economy Citizen Life Insurance Company’s Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position Posted by By Mero Share November 10, 2023 In its recent disclosure of first-quarter financial results for the fiscal year 2080/2081, Citizen Life…
Posted inBusiness | Market | Economy Muktinath Krishi Company’s Foreign Nepalese Immigrants IPO Sees Significant Oversubscription, Closing Today Posted by By Mero Share November 10, 2023 Muktinath Krishi Company Limited is concluding the issuance of its Initial Public Offering (IPO) for…
Posted inBusiness | Market | Economy Unilever Nepal Limited Reports 62.21% Surge in Q1 Net Profit, Demonstrates Strong Financial Performance for FY 2080/81 Posted by By Mero Share November 10, 2023 Unilever Nepal Limited (UNL) has disclosed its financial outcomes for the first quarter of the…
Posted inBusiness | Market | Economy Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81 Posted by By Mero Share November 10, 2023 In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan…
Posted inBusiness | Market | Economy IPO | FPO Prabhu Bank Limited Initiates Auction of Promoter Shares for General Public and Promoter Shareholders Posted by By Mero Share November 9, 2023 The current promoter of Prabhu Bank Limited (PRVU) is initiating an auction of 563,778 units…
Posted inBusiness | Market | Economy Non-Life Insurance Sector in Nepal Achieves Rs. 10.44 Arba Premium in FY 2080/81 Posted by By Mero Share November 9, 2023 In the initial three months of the fiscal year 2080/81, concluding at the end of…
Posted inBusiness | Market | Economy Lumbini Bikas Bank Initiates Auction of Promoter Shares to General Public and Institutions Posted by By Mero Share November 7, 2023 The current promoter of Lumbini Bikas Bank Limited (LBBL) has initiated an auction of 2,00,639…
Posted inBusiness | Market | Economy NLBBL Initiates Auction of Promoter Shares to Existing Shareholders with Minimum Bid Rate of Rs. 350 Posted by By Mero Share November 7, 2023 Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has initiated the auction of 26,665 shares of promoter…
Posted inBusiness | Market | Economy Kumari Bank Limited Initiates Auction of 5,30,000 Promoter Shares at Minimum Rate of Rs. 101 Posted by By Mero Share November 6, 2023 The existing promoter shareholder of Kumari Bank Limited (KBL) has initiated the auction of 5,30,000…