KAROBAR CORRESPONDENT
Monday, May 28, 2018

IFC, a member of the World Bank Group, has assisted Nepal Rastra Bank (NRB), the central monetary authority of Nepal, in developing the country’s first Environmental and Social Risk Management (ESRM) guidelines for the financial sector.

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KAROBAR CORRESPONDENT
Wednesday, May 09, 2018

The International Centre for Integrated Mountain Development (ICIMOD) and NMB Bank, signed a Memorandum of Understanding (MoU) to provide the mountain communities in Nepal better access to finance on Wednesday.

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KAROBAR CORRESPONDENT
Thursday, Apr 26, 2018

The Global Alliance for Banking on Values (GABV) has appointed a senior banker Upendra Poudyal as its representative for Asia Pacific region. He will be responsible for facilitating the activities and commitments of the Asia Pacific Chapter and expanding the network in the Region, according to a press note from the GABV, headquartered in Zeist, Netherlands.

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KAROBAR CORRESPONDENT
Friday, Feb 23, 2018

Despite multiple challenges, the development projects supported by the Asian Development Bank (ADB) have performed well in terms of contract award and disbursement in the year 2017.

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KAROBAR CORRESPONDENT
Thursday, Jan 25, 2018

Anti Money Laundering (AML) laws key to keep the financial system clean, according to the bankers. Addressing the third episode of annual Anti Money Laundering (AML) conference in Kathmandu on Thursday, organized by National Banking Institute (NBI), Nepal Bankers Association (NBA) president Gyanendra Dhungana pointed out the significance of AML as a global initiation that needs to be taken care of in the well being of financial system and economy of the country.

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KAROBAR CORRESPONDENT
Monday, Jan 22, 2018

Global IME Bank has opened a representative, contact office at Aldershot, Hampshire in United Kingdom (UK) on Sunday. Global IME Bank – amongst one of the leading commercial banks in Nepal – has become the first one to open a representative office in UK, according to the bank. The Governor of Nepal Rastra Bank (NRB) Dr. Chiranjibi Nepal formally inaugurated the representative, contact office during a ceremony.

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RSS
Thursday, Jan 18, 2018

Only 40 percent country’s population have access to financial services.According to Information Officer at Nepal Rastra Bank (NRB) Shambhunath Dhungana, financial literacy has been limited to 18 percent across the nation as most of the financial institutions are centered on urban areas.

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KAROBAR CORRESPONDENT
Monday, Jan 15, 2018

As part of its 'Card Loyalty Programme', Nepal Investment bank Ltd (NIBL) and its Visa associate member banks on Sunday launched a campaign to offer its visa domestic cardholders access to exclusive cash back rewards when using their Visa debit or credit cards for all purchases.

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KAROBAR CORRESPONDENT
Wednesday, Jan 10, 2018

The 31stAGM of Standard Chartered Bank Nepal, chaired by Jitender Arora, Chairman of the Bank, on Wednesday approved payment of cash dividend of 5.26 percent (for tax purposes) and bonus shares at the rate of 100 percent. Standard Chartered has recorded an operating profit and net profit of Rs 1.98 billion and Rs 1.42 billion respectively for the financial year 2016-17. As at the close of the financial year 2016-17, the bank was able to post a healthy growth of 25 percent on its risk assets over the previous year to reach Rs 39.73 billion.

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KAROBAR CORRESPONDENT
Wednesday, Jan 10, 2018

Bank of Kathmandu (BoK) has formally inaugurated its two more branches at Biratchwok and Imadole, with a view to provide complete banking service in those Regions.

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KAROBAR CORRESPONDENT
Friday, Jan 05, 2018

NIC ASIA Capital – a wholly owned subsidiary company of NIC Asia Bank – is going to issue its first mutual fund scheme 'NIC ASIA Growth Fund' from January 16. Securities Board of Nepal (Sebon) has granted an approval on December 26.

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KAROBAR CORRESPONDENT
Saturday, Jan 06, 2018

Nepal Rastra Bank is preparing to introduce a national payment gateway in a bid to conduct a regular monitoring of the digital payment system.

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KAROBAR CORRESPONDENT
Tuesday, Jan 02, 2018

As a part of its Corporate Social Responsibility (CSR), the Nabil Foundation has sponsored of the education of girl children for a year at a cost of Rs 120,000 at Shree Gargi Kanya Gurukul Pratisthan.

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KAROBAR CORRESPONDENT
Tuesday, Dec 26, 2017

National Banking Institute (NBI) has conducted its fourth Janbi examination on December 22-23. The examination was conducted in 9 different cities across the country whereby more than 500 banking professionals attended the examinations.

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KAROBAR CORRESPONDENT
Wednesday, Dec 20, 2017

Everest Bank – amid a function held at its head office on Wednesday – lunched a new product 'Everest Special Savings' with highly attractive features. The key attractions of the offering are Accidental Death Insurance of Rs 500,000 and Medical Insurance of Rs 100,000 besides free offering of Debit Card, Internet/SMS banking, ASBA, DEMAT and 50 percent discount on Locker, Credit Card with attractive interest rate of 4 percent per annum, according to the bank.

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