Nirdhan Utthan Laghubitta Announces Debenture Issuance to Boost Financial Operations Exciting news for the microfinance sector! Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) is gearing up to issue unsecured subordinated debentures worth NPR 1 billion, offering a competitive 7% interest rate. This strategic decision, finalized during the 331st Board of Directors meeting held on Mangsir […]
Dusit Thani Himalayan Resort to Launch IPO: Citizens Capital to Manage Public Offering Kathmandu, get ready! Omstone Hotels Limited, the entity behind the luxurious Dusit Thani Himalayan Resort, is preparing for a public offering (IPO). The company has appointed Citizens Capital Limited as the issue manager and selling manager for the initial public offering (IPO).
Prith Bahadur Thapa Appointed Acting CEO of Small Farmers Development Microfinance Big news for the microfinance sector in Nepal! Small Farmers Development Microfinance has announced the appointment of Prith Bahadur Thapa as its Acting Chief Executive Officer (CEO). This follows the end of the term for the previous CEO, Dr. Shivaram Prasad Koirala, on Bhadra
Prith Bahadur Thapa Appointed Acting CEO of Small Farmers Development Microfinance Big news for the microfinance sector in Nepal! Small Farmers Development Microfinance has announced the appointment of Prith Bahadur Thapa as its Acting Chief Executive Officer (CEO). This follows the end of the term for the previous CEO, Dr. Shivaram Prasad Koirala, on Bhadra
MyMicoFinance Shows Strong Growth: Q4 Results Surge! Hey everyone! Let’s dive into some exciting news from the Nepalese microfinance sector. MyMicroFinance Laghubitta Bittiya Sanstha Limited has just released its quarterly financial results for the last fiscal year (ending in the fourth quarter), and the numbers are impressive! The microfinance institution announced a whopping 216 million
Swabhiman Laghubitta Shines: Net Profit Surges in the Latest Financial Results! Swabhiman Laghubitta Financial Institution Limited has released its unaudited financial statements for the fourth quarter, and the results are truly impressive. The microfinance institution has experienced a remarkable growth spurt, with net profit soaring by a staggering 819.08%! This significant increase highlights the company’s
Aatmanirbhar Laghubitta Soars: Microfinance Institution Sees Massive Profit Surge in Fiscal Year 2080/81 Q4! Aatmanirbhar Laghubitta Bittiya Sanstha Limited, a leading microfinance institution in the region, has reported a phenomenal turnaround in its financial performance for the fourth quarter (Q4) of fiscal year 2080/81. The company’s net profit has skyrocketed, showcasing a remarkable 218.64% increase!
Citizens Sabadhabar Yojana: A Milestone for Nepal’s Capital Market! Hey investment enthusiasts! Today, we’re diving into a major win for Nepal’s financial landscape: the successful closing of the Citizens Sabadhabar Yojana! This isn’t just any news; it’s a landmark achievement as it’s the first open-ended mutual fund under Citizens Mutual Fund to be launched in
Nepal’s financial landscape is constantly evolving, and Nepal Rastra Bank (NRB), the country’s central bank, is taking decisive steps to ensure its stability and growth. In a recent move, the NRB has introduced stricter regulations regarding dividend distribution for payment service providers (PSPs) and payment system operators (PSOs). This significant development, outlined in the “Dividend
Microfinance Mayhem? What the Dividend Cap Revision Means for Nepal’s Microfinance Sector Hey everyone! Welcome back to Bajarko Chirfar, your go-to source for the latest insights into Nepali finance! Today, we’re diving deep into a hot topic that’s got the microfinance world buzzing: the potential revision of the 15% dividend limit imposed by the Nepal
Fonepay Payment Service Ltd, Nepal’s Largest Payment Network and NPCI International Payments Ltd (NIPL), the international arm of the of the National Payment Corporation of India, is now ready to launch the first Cross Border QR Payment between Nepal and India. This historic unveiling took place at the Global Fintech Fest 2023, a global gathering
