Microfinance Sector in Nepal: Strong Financial Performance Revealed in Latest Reports The Nepalese microfinance sector is showing robust signs of growth, with encouraging financial performance revealed in the recently released quarterly financial reports for the last fiscal year. This analysis covers the financial results of 18 listed microfinance institutions (MFIs), providing a comprehensive overview of […]
Infinity Laghubitta Bittiya Sanstha Limited demonstrates its commitment to excellence and regulatory compliance by conducting AML/CFT (Anti-Money Laundering/Counter Financing of Terrorism) & Quality Growth Training for all branch office employees in Bara, Parsa, and Rautahat within the Madhesh Province. Under the leadership of Mr. Gyanishwor Panta, Deputy Chief Executive Officer and program chair, the training
Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has declared that it will not be disbursing any dividends for the Fiscal Year 2079/80. The decision was made during the Board Meeting of ILBS on Poush 04, 2080. It was decided that the company would refrain from distributing dividends for the mentioned fiscal year. It’s important to note
The current promoters of Infinity Laghubitta Bittiya Sanstha Limited (ILBS) have initiated an auction of 99,372 shares, making them available to both existing promoter shareholders and the general public or institutions. This auction commenced on the 26th of Ashwin, 2080. Interested parties, including individuals and promoter shareholders, have a 15-day window to place their bids.
During its 6th Annual General Meeting held on 13th Falgun, the company approved the issuance of a 20% bonus share for the fiscal year 2078/79. Subsequently, in a board of directors meeting on Poush 30, it was decided to distribute bonus shares worth Rs. 8,29,02,656.95 from the company’s paid-up capital of Rs. 41.45 crores. The
Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has released its third-quarter report for the current fiscal year, showing a decreased net profit of Rs. 1.38 crores. In the corresponding quarter of the previous fiscal year, the company had recorded a profit of Rs. 11.83 crores. The microfinance company’s net interest income, which is its core revenue,
On Falgun 14, 2079, Infinity Laghubitta held its sixth annual general meeting (AGM) for the fiscal year 2078–2079 under the direction of its chairman, Mr. Bala Ram Bista. The AGM has approved the board’s request to distribute 20% bonus shares worth Rs 8.29 crore to its shareholders from the profit it had generated in the
