Banking & Financial News (Total Posts : 42 )


Prachanda Bahadur Shrestha Became chairman of Himalayan Bank

Prachanda Bahadur Shrestha Became chairman of Himalayan Bank

Himalayan Bank's  Limited 31st Annual General Meeting has been completed. The completed general meeting has passed the consolidated financial statements of the bank and its subsidiaries. Prachanda Bahadur Shrestha, chairman of the bank, presented the report of the financial year 2079/080 in the meeting.

Read More Published on : 6 months ago
Banking Award to NIC Asia Bank  by  'Payments Excellence Award 2023'

Banking Award to NIC Asia Bank by 'Payments Excellence Award 2023'

NIC Asia Bank, which is promoting digital banking with the long-term goal of becoming the 'Digital First Bank', has succeeded in receiving the prestigious 'Payments Excellence Award 2023' for providing the best digital banking and card payment services in the banking and financial sector of...

Read More Published on : 6 months ago
Himalayan Bank's best  interest rates offer on loan products

Himalayan Bank's best interest rates offer on loan products

Himalayan Bank Limited, which has been providing the latest banking services, has introduced new loan schemes targeting different categories of customers. In the month of November of the current financial year, the base rate of the bank is 10.61 percent. The bank has announced 12...

Read More Published on : 6 months ago
Banking Award to Machhapuchhre Bank by Visa Payment Excellence service 2023

Banking Award to Machhapuchhre Bank by Visa Payment Excellence service 2023

Kathmandu. Machhapuchhre Bank Limited has been honored with Visa Payment Excellence in Credit Award and Excellence in POS Acquiring Service 2023. The two awards were given to the bank in a leadership conclave program organized by Visa International in Kathmandu.The award was given to the bank for being the best...

Read More Published on : 6 months ago
Banking Award to Prabhu Bank as 'Bank of the Year' Award in 2023

Banking Award to Prabhu Bank as 'Bank of the Year' Award in 2023

Prabhu Bank has been honored with the prestigious 'Bank of the Year' award for 2023. The recognition is particularly noteworthy as it underscores the financial institution's transformative path, transitioning from a finance company to a development bank before attaining its current status as a commercial...

Read More Published on : 6 months ago
Banking Award to Himalayan Bank by  Visa Leadership Conclave Nepal-2023

Banking Award to Himalayan Bank by Visa Leadership Conclave Nepal-2023

Himalayan Bank has been honored by Visa Leadership Conclave Nepal-2023. The award was given to the company for excelling in Excellence in POS Acquiring Business (2023) and Excellence in Consumer Cards Prepaid (2023) at the Leadership Conclave organized by Visa International...

Read More Published on : 6 months ago
Banking Award to Global IME Bank as Visa Payment Excellence Award 2023

Banking Award to Global IME Bank as Visa Payment Excellence Award 2023

Global IME Bank Limited has been honored with Visa Payment Excellence Award 2023. In the leadership conclave organized by Visha International in Kathmandu, the bank was given the award for being the best in promoting debit cards among Visa members to associate members in the...

Read More Published on : 6 months ago
3.1 million new Mobile banking users added in Nepal

3.1 million new Mobile banking users added in Nepal

3.1 million mobile banking users have been added in one year. Compared to last year, 31 lakh more new mobile banking users were added this year. According to the latest data of Nepal Rastra Bank, there are 22.2 million 84 thousand 622 mobile banking users till October...

Read More Published on : 7 months ago
Fixed Deposit Interest Rate in Nepal

Fixed Deposit Interest Rate in Nepal

Most of the commercial banks have reduced the deposit interest rates for the month of November. Banks have reduced the interest rate of deposits as the banking system has accumulated enough investable funds (liquidity) and the demand for loans has not increased.

Read More Published on : 7 months ago
What is a Interbank interest rate in Nepal ?

What is a Interbank interest rate in Nepal ?

The interest rate of inter-bank transactions has fallen below 2 percentage points. With the accumulation of investable funds in the banking system, the interest rate of inter-bank transactions has also decreased. Currently, this interest rate has fallen to the line of 1.94 percentage points. Currently,...

Read More Published on : 7 months ago