|
Nepalese Banks |
Himalayan Bank Ltd
ATM, Credit Cards and all banking services.
Branches
in Kathmandu, Biratnagar, Dharan, Patan, Bhaktapur, Pokhara, Butwal,
Hetauda, Banepa, Birgunj
Prabhu finance
company
Nepal's First Finance Company with
world - class products of banking: Inward Remittance, E-Banking, SCT
Debit Card
Excel Development
Bank
Excel Development Bank is committed to
deliver its services to the customers through easy banking procedures.
More banks in Nepal |
|
|
Financial institutions |
Hama finance
Good deposit
schemes, 1 year fixed
7%, 3 year even 8%
National finance Co.
Standard Finance Limited
Kist Merchant Banking
and Finance
Everest finance
Ime Financial
institution
National finance Co.
Crystal Finance
Crystal Finance Ltd
GPO: 19390, Ktm, Bag
Durbar
Kathmandu, Nepal
Annapurna finance
company
Union finance company
Ace finance company
Ace Finance Company has
been a leading player in
the financial market in
Nepal.
Business Development
Finance Inst.
Nawa Kantipur |
|
|
News item 10-6-2008 |
Propelled by the a strong
growth in both the
agriculture and
non-agriculture sectors, the
long-ailing economy
has bounced back to record
5.56 percent growth
in the current fiscal year,
highest economic expansion
in last the seven years.
With the growth, the total
size of Nepali economy
in producers' price has
scaled up to Rs 828.8
billion (US$12.80 billion)
while the per capita
income has also
increased by around 11
percent to Rs 30,361 per
year (470 US$). However,
with the creeping inflation,
which is around 9 percent,
the real purchasing capacity
of Nepali consumers is
estimated to grow marginally
in the year. According to a
preliminary estimate of
national accounts prepared
by the Central Bureau of
Statistics (CBS),
agriculture sector, which
contributes 32 percent to
national economy, grew by
5.65 percent while the
growth of non-agriculture
sector was around 5.52
percent. Finance minister Dr
Ran Sharan Mahat said that
the growth which has been
encouraging, was made
possible due to prudent and
tactful management of the
economy even at the most
difficult period. The big
push for this year's growth
came from the long-yeaning
agriculture sector, which
witnessed a record 5.65
percent growth in 14 years,
thanks mainly to almost 17
percent growth in production
of paddy, the heavyweight of
the agricultural sector.
Likewise, the wholesale and
retail sector that holds the
second largest contribution
to national economy after
agriculture expanded by 6.43
percent whereas its
expansion last year was
negative. Increasing
purchasing power of
consumers mainly due to a
double-digit growth in
remittance inflow fueled the
growth. Similarly, despite a
strong growth in
communication sector, the
lengthy transport
disturbances took a toll on
the sector, resulting in a
slowest growth of 6.6
percent in transport and
communication sector, the
third largest contributor to
national output. The most
impressive growth came from
the financial intermediation
sector, which mainly
represents banking and
insurance businesses.
Read
more about the GDP in Nepal
|
|
Easy
money and Nepali finance
|
|