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

Bank deposits growing at almost half the rate of loan expansion

Kathmandu, January 11 - Bankers seem to have largely ignored the credit crunch situation of the last fiscal, as credit expansion of banks is almost double than deposit collection in the first five months of the current fiscal.

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SEBON directs hydel companies to disclose financial details before issuing IPO

Kathmandu, January 1 - Securities Board of Nepal (SEBON) has directed hydropower companies to publish a public notice disclosing their net worth and per share income before issuing initial public offering (IPO).

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NRB issues foreign employment bonds

KATHMANDU, Dec 13: Nepal Rastra Bank (NRN) is issuing foreign employment saving bonds of Rs 500 million, targeting Nepalis working and residing abroad or those who have recently returned from foreign employment.

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NRB proposes threshold for digital payments

Kathmandu, November 30 - Nepal Rastra Bank (NRB) has proposed the threshold for digital payments under card facilities, electronic wallet and mobile banking, and is seeking inputs from stakeholders before issuing a directive to the service providers.

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Symbol % Change Last Price Turnover
FMDBL 5.4054 585.0 11,933,586.0
WMBF 5.0847 124.0 50,780.0
SKDBL 2.2388 137.0 147,409.0
AHPC 2.0000 204.0 859,262.0
LBBL 1.8519 165.0 871,194.0
Symbol % Change Last Price Turnover
UNL -100.0000 0.0 21,588,164.0
KMCDB -5.3254 1,600.0 3,529,994.0
EIC -5.2216 1,561.0 4,796,840.0
GUFL -4.8276 138.0 1,191,273.0
SIL -3.9039 960.0 829,870.0
Symbol % Change Last Price Turnover
SHPC -1.8561 423.0 29,259,598.0
UNL -100.0000 0.0 21,588,164.0
BPCL -2.1407 640.0 19,295,865.0
GBIMEP 1.7045 179.0 14,896,022.0
OHL -1.5038 655.0 13,336,935.0