Kathmandu, August 21- Nepal Credit and Commerce Bank has opened 50% right share subscription from Bhadra 04, 2075. The share holders having purchased shares up to Sharawan 14,2075 are eligible to apply for the right share of the bank.

Sunrise capital is the issue manager for the right share management. The shareholders can submit their application to NCC bank as well as in Sunrise capital. They can also place from financial institution providing C-ASBA facility.

At present, the paid up capital of the bank is Rs 4.67 arab and it will reach to Rs 7.01 arab after the right share adjustment. The bank still has to increase the paid up capital by about 15% to meet the minimum mandatory paid up capital requirement.

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.

Read more ...

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.

Read more ...

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.

Read more ...

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.

Read more ...
Symbol % Change Last Price Turnover
UPPER 9.8940 311.0 17,879,130.0
NHDL 5.0000 147.0 89,400.0
CBBL 3.9326 925.0 20,771,716.0
EDBL 3.7037 280.0 178,294.0
CFCL 3.6697 113.0 12,674.0
Symbol % Change Last Price Turnover
SEF -10.0000 9.0 18,695.0
SAEF -10.0000 9.0 6,587.0
JOSHI -9.6654 243.0 17,410.0
KEBL -4.7619 180.0 402,873.0
SADBL -3.8710 149.0 2,298,412.0
Symbol % Change Last Price Turnover
NBL 0.6873 293.0 25,427,476.0
CIT -2.3479 2,745.0 22,178,844.0
CBBL 3.9326 925.0 20,771,716.0
UPPER 9.8940 311.0 17,879,130.0
MBL 0.4808 209.0 17,290,711.0