Big News: Sanima Bank Appoints New CEO! Exciting changes are happening at Sanima Bank Limited! The leading financial institution has just announced the appointment of Mr. Pawan Kumar Acharya as its new Chief Executive Officer (CEO). This marks a significant moment for the banking sector in Nepal. The decision was made by the bank’s Board […]
Kamana Sewa Bikas Bank Announces Dividend for Shareholders! Great news for Kamana Sewa Bikas Bank shareholders! The bank has just announced its dividend plans for the fiscal year 2081/82. A recent board meeting on Sunday decided to propose a fantastic dividend package for its shareholders. This includes a 10% bonus share and a 5.7895% cash
Get Ready! Jhapa Energy IPO Opens for the Public – Don’t Miss Out! Hey investors and finance enthusiasts! Big news in the Nepali stock market! Jhapa Energy Limited has officially opened its Initial Public Offering (IPO) for the general public starting from August 20th. This is your chance to get in on the ground floor
Hey investors and finance enthusiasts! Are you ready for some exciting news? Machhapuchhre Bank, a leading commercial bank in Nepal, has just announced its dividend plans for the fiscal year 2081/82! This is a great opportunity to learn about the bank’s performance and potential returns on investment. According to the recent announcement, the Machhapuchhre Bank
Narayani Development Bank Appoints Pashupati Paudel as CEO: A Boost for Banking Sector in Nepal Narayani Development Bank has announced the appointment of Mr. Pashupati Paudel as its new Chief Executive Officer (CEO). The decision was made during a meeting of the Board of Directors on Sunday, with the appointment taking effect immediately. This is
Investors, are you ready? Narayani Development Bank (NABBC) has officially set the book close date for its upcoming rights share offering! This is important news for anyone holding Narayani Development Bank shares and those considering investing in the bank. The bank is issuing a 100% rights share, which means current shareholders will have the opportunity
NIC Asia Bank Urges Customers to Update PAN Immediately! Tax Compliance Made Easy! Are you a valued customer of NIC Asia Bank? It’s time to take note! NIC Asia Bank is urging all its customers to update their Permanent Account Number (PAN) in their accounts as soon as possible. This is crucial for ensuring tax
NIC Asia Bank Urges Customers to Update PAN Immediately! Tax Compliance Made Easy! Are you a valued customer of NIC Asia Bank? It’s time to take note! NIC Asia Bank is urging all its customers to update their Permanent Account Number (PAN) in their accounts as soon as possible. This is crucial for ensuring tax
Decoding the Banking Sector: How to Choose the Best Bank for You Hey investors and financial enthusiasts! Navigating the complex world of the banking sector can feel like trying to decipher ancient hieroglyphs. But fear not! This blog post is your guide to understanding how to choose the best bank and make informed financial decisions.
Himalayan Bank FPO Allotment: What You Need to Know Today! Himalayan Bank FPO (Follow-on Public Offering) is finally being allotted today! If you’re one of the many investors who applied, get ready to check your stock portfolio! According to Citizens Capital, the issue manager, the FPO allotment process begins at 9 AM today. A staggering
Shangri-La Development Bank’s Impressive Performance: Q4 Financial Results Analysis Shangri-La Development Bank has just released its fourth-quarter financial results for the last fiscal year, and the numbers are in! Investors and financial analysts are keen to see how the bank has performed in the face of changing market conditions. Let’s dive into the details of
Nepal Investment Mega Bank Shares for Sale: An Opportunity for Shareholders Looking for a chance to invest in Nepal? Nepal Investment Mega Bank (NIMB) has announced the sale of 214,049 units of its promoter shares. This presents a fantastic opportunity for existing shareholders to increase their holdings and strengthen their stake in this prominent Nepalese
Auction for the unclaimed portion of Arun Valley Hydropower Development Company Limited’s (AHPC) right shares commences today, on the 10th of Baisakh, 2081, and will run until the 24th of Baisakh, 2081. A total of 19,92,134 units of ordinary right shares will be up for auction, representing the unclaimed segment of the rights offering. AHPC had issued a 1:1 ratio right share from the 17th of Falgun to the 7th of Chaitra, 2080. Among the total right shares issued, only 1,66,87,492 (89.34%) units were allotted to eligible shareholders, leaving 10.66% unclaimed by eligible investors. Consequently, the same 19,92,134 units of […]
Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]
The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29. In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. […]
