Kathmandu, December 10 - As per the information from NEPSE, the Board of Directors of Standard Chartered Bank (SCB) has proposed 100% stock dividend and 5.26% cash dividend to its shareholders from its performance of fiscal year 2073-74.

With this the paid up capital of the exceeds 8.o arab. The proposal of BOD is subject to approval from Nepal Rastra Bank and Annual General Meeting of the Bank.

Similarly , the Board of Directors of Jyoti Bikash Bank (JBBL) has proposed 10% stock dividend dividend to its shareholders from the net earnings of fiscal year 2073-74. With this bonus share and acquisition of Raptibheri Bikash Bank. The paid up capital of the development bank exceeds the requirement set by the Nepal Rastra Bank for National Level development bank.

Corporate News

Country’s forex reserves slump to 32-month low

Kathmandu, December 24- Nepal’s foreign exchange reserves have slumped to a 32-month low despite robust growth in remittance income and downward revision in foreign exchange facility for Nepalis visiting overseas, raising the spectre of the country facing a balance of payments crisis if the problem continues to grow.

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Doha Bank opens representative office in Nepal

Kathmandu, December 19 - Doha Bank, one of the largest commercial banks in Qatar, has opened its liaison office in Nepal as per the permission granted by the central bank about six months ago.

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Parliament body asks govt to solve problem of multiple taxation

KATHMANDU, Aug 15: Parliament’s Finance Committee on Tuesday issued directions to the government to take the lead in solving the chronic problem of multiple taxation by the three tiers of government, as well as the exorbitant hike in tax rates.

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Trade deficit surged five-fold in last decade

Kathmandu, August 5 - The country’s trade deficit jumped five folds in the last decade as imports have been skyrocketing and exports have slowed to a crawl in the review period.

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Symbol % Change Last Price Turnover
CHLBS 9.9515 453.0 17,730.0
HDL 3.8314 1,355.0 26,860.0
SWBBL 3.6269 800.0 147,840.0
NABILP 3.1768 747.0 24,392,564.0
PICL 2.4242 676.0 724,970.0
Symbol % Change Last Price Turnover
WMBF -9.0909 80.0 35,580.0
GHL -6.6667 280.0 16,950.0
NNLB -5.7143 462.0 361,156.0
NBBL -5.4348 609.0 772,848.0
KADBL -5.3333 142.0 997,594.0
Symbol % Change Last Price Turnover
NABILP 3.1768 747.0 24,392,564.0
NABIL -2.9740 783.0 23,363,212.0
UPPER -2.2124 221.0 11,492,149.0
NMB -0.9709 306.0 10,563,087.0
PRVU -1.9048 206.0 8,938,365.0