KATHMANDU, March 12: Nabil Bank Limited has been found to be engaged in an ‘illegal practice’ in recovering loans from its borrowers.

KATHMANDU, Feb 18: The government is nearing its goal of reaching commercial banks to every local level.

Kumari Bank to acquire Deva Bikas Bank

January 20, 2020 10:58 am

KATHMANDU, Jan 20: Kumari Bank Ltd has announced the acquisition of Deva Bikas Bank Ltd (DBBL). Issuing a statement, the commercial bank said that it signed a memorandum of understanding (MoU) with DBBL for acquiring the 'B' class development bank on Wednesday.

Discounts galore for HBL clients

January 20, 2020 10:54 am

KATHMANDU, Jan 20: Himalayan Bank Ltd (HBL) has announced special discount offer for all their clients at more than 75 outlets of Kathmandu, Pokhara and Chitwan on the occasion of its 27th anniversary.

KATHMANDU, July 24: Machhapuchhre Bank Ltd has opened applications for debentures worth Rs 3 billion. Issuing a statement, the commercial bank said that the debentures with face value of Rs 1,000 will offer interest return of 10.25%.

KATHMANDU, July 24: NIC Asia Bank Ltd has opened a new extension counter at Golchha Chowk in Biratnagar Metropolitan City, Ward 7.

NIBL acquires Jebil's Finance

July 17, 2019 08:31 am

KATHMANDU, July 17: Nepal Investment Bank Ltd (NIBL) commenced joint operations with Jebil's Finance Ltd from Monday.

KATHMANDU, July 1: Global IME Bank Ltd celebrated 16th National Paddy Day by organizing a paddy plantation event in Tokha of Kathmandu on Sunday. Issuing a statement, the commercial bank said that bank employees as well as locals participated in the plantation ceremony aimed at promoting the tradition of celebrating paddy day.

KATHMANDU, June 6: NMB Bank has said that it organized a series of programs across the country to mark World Environment Day 2019. Issuing a statement, the commercial bank said that it installed 50,000 grid-tie solar roof top system with net metering at its head office in Kathmandu.

KATHMANDU, Dec 30: Commercial banks are yet to open their branch offices in over five dozen local units. According to the Nepal Rastra Bank (NRB), commercial banks have reached 689 local units as of Wednesday.