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Banks reduce interest rates for Baisakh, except for Everest and NMB Bank

KATHMANDU, April 12: Most of the commercial banks have reduced the deposit interest rates for the month of Baisakh (mid-April to mid-May) as well. According to the new interest rate table published by the banks on Friday, the maximum average interest rate for personal term has decreased by 0.19 percentage points compared to Chaitra (mid-March to mid-April).

Nepal , Kathmandu , Bagmati , Machhapuchhre , Nepal-general- , Nabil-bank , Siddhartha-bank , Agricultural-development-bank , Prabhu-bank , Asia-bank , Himalayan-bank

Economic slowdown and soaring bad debts hit banks' profits - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

KATHMANDU, April 11: The net profits of commercial banks declined 13.37 percent in the first eight months of the current fiscal year, thanks to the economic slowdown and an increase in the bad debts of the banks.

Nepal , Kathmandu , Bagmati , Nabil-bank , Asia-bank , Nepal-rastra-bank , Agricultural-development-bank , Nepal-bank , Siddhartha-bank , Himalayan-bank , Prabhu-bank

17 banks reduce interest rates for Chaitra except for NIC Asia Bank

KATHMANDU, March 13: Most of the commercial banks have reduced the deposit interest rate for the month of Chaitra (mid-March to mid-April). The latest interest rate table released by these banks indicates a decline in the average interest rate for personal term deposits by 0.51 percentage points in Chaitra (mid-March to mid-April) compared to Falgun (mid-February to mid-March).

Nepal , Kathmandu , Bagmati , Asia-bank , Nepal-rastra-bank , Nepal-banker-association , Rastra-bank ,

Pan Asia Bank posts Steady Performance during FY 2023 – Profit before Tax increases by 258% amidst continuing external challenges - Adaderana Biz English

Profit before Tax for the year Rs. 2,328 Mn, up by 258% Net Interest Income for the year Rs. 10,302 Mn, up by 9% Net Trading Gains for the year Rs. 1,027 Mn, up by 823% Total Assets Rs. 233 Bn, grew by 12% Operating Profit for the year Rs. 3,326 Mn, up by...

Sri-lanka , Sri-lankan , Naleen-edirisinghe , International-sovereign-bonds , Bank-net-asset-value-per-share , Pan-asia-banking-corporation , Bank-leverage-ratio , Bank-liquidity-coverage-ratio , Truly-sri-lankan-bank , Bank-tier , Bank-stage , Pan-asia-bank

Govt collected CGT worth Rs 2.86 billion from shares trading in first seven months of current FY

KATHMANDU, Feb 19: The government has collected capital gains tax (CGT) worth Rs 2.86 billion from the shares transactions in the first seven months of the current fiscal year.

Kathmandu , Bagmati , Nepal , Nepal-investment-mega-bank , Citizens-investment , Nepal-stock-exchange , Everest-bank , Asia-bank , Nepal-reinsurance-company , Nabil-bank , Nepal-telecom

Majority of commercial banks reduce base interest rate on lending to single-digit

KATHMANDU, Jan 16: Majority of commercial banks have reduced their base interest rate to single digit after having an excessive amount of loanable funds with them.

Nepal , Kathmandu , Bagmati , Rastriya-banijya-bank , Nepal-rastra-bank , Laxmi-sunrise-bank , Everest-bank , Standard-chartered-bank-nepal , Asia-bank , Himalayan-bank , Kumari-bank

Commercial banks record interest income of Rs 64.76 billion in first four months of current FY

KATHMANDU, Dec 30: Commercial banks have earned Rs 64.76 billion interest in four months of the current fiscal year (mid-July to mid-November).

Nepal , Kathmandu , Bagmati , Machhapuchhre , Nepal-general- , Laxmi-sunrise-bank , Siddhartha-bank , Agricultural-development-bank , Machhapuchhre-bank , Everest-bank , Citizens-bank

Nigeria needs taxpayers to pay their taxes

Paying taxes? Well, what's the point? The treasury is a joke to the vast majority of taxpayers in Nigeria, where corruption is rampant and services are virtually non-existent. But Africa's largest economy is now trying to convince its people to put their hands in their pockets. For decades, "the government pretended to put taxes in

South-korea , Nigeria , Lagos-state , Lagos , Nigerians , Nigerian , Muhammadu-buhari , Kemi-adeosun , Yomi-olugbenro , Afrasia-bank , Central-bank , Deloitte

Pan Asia Bank and Indra Traders partner to unveil vehicle leasing deals - Business News

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Sri-lanka , Sri-lankans , Naleen-edirisinghe , Hashindra-silva , Krishnakumar-kanishkar , Sirimevan-seneviratne , Pan-asia , Shiyan-perera , Pan-asia-bank , Indra-traders , Retail-credit , Director-sales

Commercial banks start reducing interest rates following NRB's revised monetary policy - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

KATHMANDU, Dec 12: A number of commercial banks have started lowering their interest rates on deposits after Nepal Rastra Bank (NRB) turned lenient in its policy rate and bank rate through the first quarterly review of the monetary policy.

Nepal , Kathmandu , Bagmati , Asia-bank , Nepal-banker-association , Nepal-rastra-bank , Ommercial-banks , Nline-news-nepal , Epal-news , Epal-news-online , Epal-news-today