NB Bank Starts Branch at Galchi
NB Bank Starts Branch at Galchi
  0   16 seconds to read

December 18: Nepal Bangladesh (NB) Bank has started a branch in Galchi of Dhading. Gyanendra Prasad Dhungana, CEO of the bank inaugurated the branch amid a program of December 15. The bank is providing its services through the network of 36 branches, 2 extension counters, 7 branchless banking services and 35 ATMs.…

Global IME Bags 'Best Internet Bank 2016' Award
Global IME Bags 'Best Internet Bank 2016' Award
  0   34 seconds to read

December 18: Global IME Bank has won 'Best Internet Bank 2016' award. An 'International Finance Magazine' published from London honoured the bank with the award. Chandra Prasad Dhakal, Chairman of the bank and Anil Gyawali, CEO of the bank received the award amid a program organised in Singapore. Global IME Bank was provided with the award due to its advanced internet banking services to its customers, said the bank in a press statement. Global IME is the first bank in Nepal to provide internet banking services in national language. The bank is providing advance technology based secure Global Online Internet Banking and Global Smart Mobile Banking services to its customers.…

Govt to Remove Policy Hurdles in Hydro Electricity Production
Govt to Remove Policy Hurdles in Hydro Electricity Production
  0   2 minutes 6 seconds to read

December 16: The government has announced various measures aimed at removing policy obstructions to facilitate development of hydropower projects in the country. Speaking at the Power Summit ‘16 organised by the Independent Power Producers’ Association, Nepal (IPPAN), Prime Minister…

Merger between Ace and NIBL: Ace's General Investors in Woe
Merger between Ace and NIBL: Ace's General Investors in Woe
  0   1 minutes 47 seconds to read

December 16: Shareholders of Ace Development Bank have accused the bank's promoters of forwarding the merger process with Nepal Investment Bank (NIBL) in low swap ratio due to the old private and business relation with the Chairman of NIBL, Prithwi Bahadur Pandey. According to them, the promoters of Ace being the promoters of NIBL as well are acting for their own benefits only overlooking the general investors' interest.…

Nepal Records Highest Gap in Export-Import
Nepal Records Highest Gap in Export-Import
  0   2 minutes 5 seconds to read

December 16: in the first four months of the current FY 2073/74, Nepal has imported Rs 12 worth of merchandise on Rs 1 exported merchandise. According to the foreign trade statistics of Trade and Export Promotion Centre published on Thursday, December 15, the ratio of export-import which was rested on 1:7.7 during the review period of the last FY has increased to 1:12.3 in the first four months of the current…

Call for Strengthening Cyber Security in BFI Sector
Call for Strengthening Cyber Security in BFI Sector
  1   1 minutes 56 seconds to read

December 16: International experts and Nepali banking leaders have stressed on enhancing cyber security in the Nepali BFI sector. In an interaction programme titled 'Cyber Security and Trust in Technology' organised by US software giant Microsoft in association with the Nepal Bankers'…

Prostyle Manhunt International Grand Finale on Dec 17
Prostyle Manhunt International Grand Finale on Dec 17
  0   25 seconds to read

December 16: The grand finale of Prostyle Manhunt International is being conducted in the valley on December 17. The program, sponsored by Prostyle oil, a product of Dabur Nepal, will announce the winner of Manhunt International Nepal 2016, said the company in a press statement. The company added that the winner among the 15 participants of the program being held at Hyatt will win the title 'Prostyle Manhunt International Nepal 2016' and compete in the competition'Manhunt International' on 2017 representing Nepal.…

National Life to Provide 31.5% Bonus Share
National Life to Provide 31.5% Bonus Share
  0   19 seconds to read

December 16: National Life Insurance is providing 31.5 per cent dividend to its shareholders. The 28th annual general meeting of the company held on December 14 approved the proposal of distributing 30 per cent bonus share and 1.58 per cent cash dividend to its shareholders. In the AGM, Prema Singh, Chairman of the company presented the annual report of the FY 2071/72.…

Chandragiri Cable Car Officially Launched
Chandragiri Cable Car Officially Launched
  0   40 seconds to read

December 16" Chandragiri Cable Car, constructed by Chandragiri Hills was officially launched on December 15. The cable car that was in test-operation since August 8 was officially inaugurated by the Prime Minister Pushpa Kamal Dahal. Chandragiri Hills has also build infrastructure in Chandragiri…

Standard Chartered to Distribute 35% Bonus Share
Standard Chartered to Distribute 35% Bonus Share
  0   26 seconds to read

December 16: Standard Chartered Bank Nepal is distributing 33.33 per cent bonus share and 1.75 per cent cash dividend to its shareholders. The annual general meeting of the bank held on December 15 has approved the proposal of the bonus share forwarded by its board of…

Free Bluetooth Speaker on LG Front Load Washing Machine
Free Bluetooth Speaker on LG Front Load Washing Machine
  0   22 seconds to read

December 16: Customers can receive Bluetooth Speaker on the purchase of LG front load washing machine. CG Electronics, the authorised distributor of LG for Nepal will be providing the Bluetooth Speaker costing Rs 7,190 on the purchase of the LG front loan washing machine under the sure-shot prize scheme. The scheme is applicable on the purchase of the washing machine with 8kg or more capacity, informs the…

BOKL Proposed 23% Bonus Share
BOKL Proposed 23% Bonus Share
  0   29 seconds to read

December 16: Bank of Kathmandu Lumbini has proposed to distribute 23 per cent bonus share. The board of directors' meeting of the bank held on December 13 proposed of distributing 23 per cent bonus share from its distributable income of FY 2072/73 to its…

Ford Showroom in Janakpur
Ford Showroom in Janakpur
  1   18 seconds to read

December 16: Aayam International, the authorised distributor of Ford Motors for Nepal has launched a showroom in Janakpur. The company brought the showroom 'Siddhanta Automobile' into operation. Rajan Lamsal, Managing Director of Aayam inaugurated the showroom amid a program on December 14. The showroom will display all types of vehicles of Ford, informs the company.…

 The British College Launches Young Entrepreneurs’ Society
The British College Launches Young Entrepreneurs’ Society
  0   1 minutes 20 seconds to read

December 15: The British College, Kathmandu has announced the launch of The Young Entrepreneurs’ Society (YES). Issuing a press statement, the college informed that YES provides platform to transform ideas into businesses with a strong belief in ‘learning by doing’ approach. "Members of the society can capitalize knowledge by being within the society’s framework. The society actively encourages the students to take initiatives and proceed for their professional endeavour," reads the statement. According to the college, YES is run by the students and works for the students of The British…