Global IME and Janata Bank sign MoU for merger
KATHMANDU, July 6: Global IME Bank Ltd and Janata Bank Ltd have agreed to merge, becoming the first pair to announce their intent to amalgamate after the government took a formal policy to encourage ‘big’ merger through the budget for the upcoming fiscal year 2019/20.
Private sector seeks interest rate stability
Kathmandu, July 4 - As Nepal Rastra Bank (NRB) is preparing to unveil the Monetary Policy for fiscal year 2019-20 next week, the country’s private sector has said that the policy should primarily focus on ensuring stability in the banking interest rate and promoting business growth.
FinMin warns of growing risks posed by tech-driven financial services
KATHMANDU, July 3: Minister for Finance Yuba Raj Khatiwada has warned about the growing risks posed by the new and disruptive technologies in financial sector like fintech, artificial intelligence and technology-driven financial services.
NRB seeks commitment from commercial banks for mergers and acquisitions
Kathmandu, June 27- Nepal Rastra Bank today summoned chairpersons and chief executive officers of all 28 commercial banks in operation to discuss possible mergers and acquisitions in the future.
Nepal Investment Summit 2019-Nepal aims at 30 bn USD in foreign investment
KATHMANDU, March 29: Nepal Investment Summit 2019 is going to kick off in the capital Friday, with the country eyeing billions of dollars in foreign investment in key development sectors, to attain the goal of a prosperous Nepal.
Central bank directs BFIs to furnish it with credit details
Jan.14, KATHMANDU: Nepal Rastra Bank (NRB) on Monday directed banks and financial institutions to submit details of all loans and credit facilities approved by the latter.
Most insurers failing to meet paid-up capital requirement
KATHMANDU, Jan 9: Most of the insurance companies are set to miss the extended deadline for raising their minimum paid-up capital.
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Corporate News
NRB seeks commitment from commercial banks for mergers and acquisitions
Kathmandu, June 27-Nepal Rastra Bank today summoned chairpersons and chief executive officers of all 28 commercial banks in operation to discuss possible mergers and acquisitions in the future.
Read more ...Remittance up by 20 %
KATHMANDU, June 19: Despite the declining number of people leaving for foreign jobs, the remittance into the country has increased by 20 percent, according to Nepal Rastra Bank report.
Read more ...Govt plans to raise CGT on share transactions from next fiscal year
Kathmandu, May 26- The government is planning to increase the capital gains tax (CGT) on share transactions from the next fiscal year citing the need to usher in stability in the share market.
Read more ...Civil Bank holds AGM
KATHMANDU, May 11: The Annual General Meeting (AGM) of Civil Bank Ltd has approved 14.30 percent dividend – 10.25 percent stock and 4.05 percent cash – to its shareholders. The event was held at Amritbhog in Kathmandu.
Read more ...| Symbol | % Change | Last Price | Turnover |
|---|---|---|---|
| SMFBS | 5.4968 | 499.0 | 803,538.0 |
| MPFL | 5.0000 | 126.0 | 2,016.0 |
| MSLB | 3.1031 | 1,030.0 | 239,907.0 |
| NLBBL | 3.0612 | 505.0 | 2,202,982.0 |
| LBBL | 2.9557 | 209.0 | 5,474,606.0 |
Market Summary
| Total Turnover Rs | 298,157,116 |
| Total Traded Shares | 1,119,563 |
| Total Transactions | 4,456 |
| Total Scripts Traded | 166 |
National News
- Trade deficit at Rs 1.21 trillion in first 11 months
- World Bank forecasts 5.9% growth for Nepal in FY2018/19
- India will continue its support in Nepal’s development activities: Adityanath
- World Bank approves energy credit to Nepal
- Reserve Bank of India unlikely to swap banned Indian notes lying in Nepal
- Govt keen to buy 935,000 tonnes of fertilisers from India
- Transition to federalism may cost 3-4% of GDP: WB
International News
- India to impose retaliatory tariffs on 28 U.S. goods from Sunday
- WTO chief stresses urgency of easing trade tensions to improve global economy
- Economic reforms in India will help Nepal, says NITI vice chair
- Trade war impact: 25% hike on China's imports to US can make Indian products competitive, says CII
- Trump says deal for young immigrants is ‘NO MORE’
- Rejecting protectionism, ASEAN and Australia commit to free trade
Corporate Announcement
NCC Bank proposes 15.89% bonus share
Nepal Credit and Commerce Bank Limited (NCCB) has proposed 15.89% bonus share and 0.83% cash dividend for tax purpose
Read more ...Shares of only 31 listed companies eligible for margin trading from stockbrokers
KATHMANDU, April 1: Shares of only 31 listed companies are eligible for margin lending facility in the current Fiscal Year 2018/19.
Read more ...Dividend - Hotel Soaltee 26.31%
Nov 19, 2018- The meeting of Board of Directors Soaltee Hotel has proposed 26.315789% dividend to its shareholders from the earning of Fiscal Year 2074/75.
Read more ...Dividend - NIC Asia Bank
Nov.18, 2018 - The meeting of Board of Directors of NIC Asia Bank held in Kartik 30, 2075 has proposed 10 percent stock bonus and 0.526 percent cash dividend from the net profit it has earned in the last fiscal year 2074-75.
Read more ...Dividend - Oriental Hotel
Kathmandu- September 25-2018, The meeting of Board of Directors of hotel Oriental (OHL) held on Aashwin 08, 2075 decided to propose 15% stock bonus and 11.32 percent and cash dividend to the shareholders from the earnings of Fiscal Year 2074-75.
Read more ...Uni Lever's Dividend for the Fiscal Year 2074-75
Kathmandu, September 13, 2018 - As per NEPSE, 150th Board meeting of Board of Directors of Unilever Nepal has recommended distribution of Rs700.00 per share as dividend out of the profit available for appropriation for the year 2074/75.
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