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Financial news Nepal: insurance, banking, loans, microfinance

Nepal insurance
Life Insurance Cooperation Nepal distributes cash dividend (02-02-2009)
Insurance companies of Nepal to be more transparent (4-9-2008)
Life Insurance Corporation (Nepal) launches money back guarantee plan (15-8-2008)
Siddhartha Insurance Ltd has allotted the ordinary shares (27-11-2007)
initial public offering Siddhartha Insurance sold out (14-9-2007)
Lumbini Insurance sells shares (4-9-2007)
Nepal Life Insurance reports 60% growth (22-7-2007)
Nepal to have reinsurance (5-4-2007)

Life Insurance Corporation Nepal to raise insurance bonus (22-3-2007)
Three insurance companies lower their returns on premium (14-3-2007)
Rastriya Beema Sansthan (Insurance company) asked to innovate (25-2-2007)
Nepal life Insurance company distributes dividend (13-2-2007)
Imperial Finance to issue shares  (6-2-2007)

Premier Insurance reports profit (9-1-2007)
Siddharta Insurance holds Annual general meeting (7-1-2007)
 
Finance
Per capita income Nepal reaches $470 (10-06-2008)
Hama launches new saving scheme (04-06-2008)
Five financial institutions in Nepal merge (30-4-2008)
4 years Birgunj Finance (1-10-2007)
foreign employment insurance scheme forwarded to Ministry of Finance (26-8-2007)
Real estate is interesting niche for investment (29-6-2007)

5 years International Money Express (14-6-2007)
finance services for Bajaj bikes (15-3-2007)
Lumbini Finance & Leasing Co annual meeting (26-2-2007)
Central Finance issues bonus share and cash dividend (25-2-2007)
Imperial Finance to issue shares  (6-2-2007)
Foreign aid increases (3-2-2007)

IME gets permission for foreign exchange business (2-2-2007)
Kist Merchant Banking and Finance opens office in Butwal (21-1-2007)

United Finance reports profit (12-1-2007)
(Foreign) investment in Nepal
Many new initial public offerings on Nepal Stock Exchange (3-11-2007)
Nepal Banks hit by capital flight (25-9-2007)
initial public offering Siddhartha Insurance sold out (14-9-2007)
Transactions at the stock market increased by 142 percent (28-7-2007)
Creating environment for foreign investment (19-4-2007)
improving investment environment (20-2-2007)
Loans for purchasing shares on stock market (17-2-2007)
Imperial Finance to issue shares  (6-2-2007)

Shikhar Insurance listed on the Nepal Stock Exchange  (6-2-2007)
Narayani Industrial Development Bank listed on the Nepal Stock Exchange  (5-2-2007)
Nepal stock exchange index back to stability  (3-2-2007)
Nepal suffering from capital flight? (1-2-2007)

 
Microfinance
micro credit is a wheel of change (26-1-2009)
micro finance cuts poverty (16-2-2008)
Nepal hosts micro finance summit (11-1-2008)
Microfinance eased the impact of Maoist conflict (4-1-2007)

Microfinance success story from Bangladesh inspires Nepali women (2-1-2007)
micro-credits can solve poverty
 
Remittance
Remittance hit by global financial crisis (15-12-2008)
Remittance exceeds $1 billion (29-1-2008)
Again rise in remittance (16-3-2008)
Nepal Bank begins remittance service (26-9-2007)
growing remittance (10-5-2007)
 
Banking in Nepal

3 more atm's for Everest Bank (08-01-2012)
Nic bank selling silver bars (30-11-2011)

Sanima Bikas Bank becomes commercial bank (26-10-2011)
Kumari Bank bags mBillionth Award South Asia 2011 (11-8-2011)
Siddhartha Assets Management Company to manage Fund (8-6-2011)

Sangrila Development Bank initial public offering (9-4-2011)
NRB not to accept old notes after mid-March (15-2-2011)
Nepal Investment Bank Ltd has been awarded with The Bankers Award 2010 (04-12-2010)

NMB Bank registers first quarter profits (15-11-2010)
Merger of Nepal Investment Bank and Everest Bank put on hold (14-10-2010)
Mega Bank Nepal starts operation as 28th commercial bank (23-7-2010)

Nabil Bank issues ultimatum to pay loans to proprietors of B & B Hospital (21-7-2010)Sunrise share applications rejected (10-7-2009)
Increasing number of banks in Narayangadh (09-05-2009)
Ace development fails to return Citizen Bank IPO deposits (13-4-2009)
New logo for Siddhartha Bank (9-4-2009)
New bank in offing  (23-03-2009)

Citizens Bank International Initial Public Offerings oversubscribed (12-02-2009)
remittance service Sunrise bank Nepal (02-02-2009)

Gurkha Bikash Bank opens fourth ATM in Nepal (6-12-2008)
increasing number of banks in Nepal (29-11-2008)
Citizens Bank International launches three saving schemes in Nepal (17-11-2008)

Competition Nepali banking sector (3-11-2008)
Nepal Rastra Bank tightens minimum reserve rules for banks (23-10-2008)
Children saving scheme by Nepal Investment Bank (21-8-2008)

Profit of Agriculture Development Bank (25-7-2008)
Pashupati Development Bank goes public (14-7-2008)
Sunrise bank in Gabahal Lalitpur (27-6-2008)

NIC banks in Lahan (14-6-2008)
NBL starts e-banking (10-6-2008)
Nepal merchant bank - the 25th commercial bank in Nepal (3-6-2008)
Development Credit Bank start operations as grade ‘A’ commercial bank (24-5-2008)
Sunrise Bank launches Easy banking: sms & internet banking services (17-3-2008)

Standard chartered bank starts electronic banking (5-3-2008)
Loan rates increase in Nepal (13-2-2008)
Nabil Bank Nepal gets international rating (26-2-2008)

Prime commercial bank launches Prime gold saving scheme (18-2-2008)
Profit of Global Bank (1-2-2008)
Job hopping in bank sector of Nepal (4-2-2008)
Neelgiri Development Bank collected a deposit of Rs 45.7 million (21-1-2008)
Sanima introduces debit card (1-1-2008)

Sunrise bank launches saving scheme (1-1-2008)
Banepa, city of banks (16-12-2007)
Vibor Bikas Bank launches Vibor Super Yield Deposit (14-12-2007)
Makwanpur Agriculture Development Bank provides new loans for unemployed (29-11-2007)
Garima Development Bank Limited opens in Waling Bazaar (24-11-2007)
Nepal bank back on track (16-11-2007)

Nabil Bank inaugurates nine new branches (13-11-2007)
More banks come into operations in Nepal (13-10-2007)
Nepal Merchant Banking and Finance to become a commercial bank (19-10-2007)
Sunrise bank starts operations (11-10-2007)

Everest bank starts mobile banking (27-9-2007)
Nepal Bank begins remittance service (26-9-2007)
Standard Chartered PLC to acquire American Express Bank (19-9-2007)
Excel Development Bank issues shares (20-8-2007)
Rastriya Banijya Bank reports profit (17-8-2007)
Ace Finance Company upgraded to Ace Development Bank (15-8-2007)
birat laxmi development bank issues shares (8-8-2007)
Profit Capital Merchant Banking & Finance (27-7-2007)
Nbbil bank provides dividend (15-7-2007)
Total deposits at the banking sector grew by over 10 percent (24-6-2007)
ADBL reduces non performing loans (8-6-2007)
banks move to rural areas (3-6-2007)
Salaries of Nepali bank's CEOs (5-5-2007)
Laxmi Bank opens branch in Pokhara (26-4-2007)

Citizens Bank International kicks off commercial operation (21-4-2007)Machhapuchhre bank saving scheme (16-4-2007)
Global Bank deposits (13-4-2007)
Nepal Credit and Commerce Bank raises paid up capital (10-4-2007)

ATM of Everest Bank at APEX college (29-3-2007)
New branch for Everest Bank (9-3-2007)
SMS banking by Rastriya Banijya Bank (8-3-2007)
loans of Agriculture development bank (5-3-2007)

Performance Lumbini Bank (2-3-2007)
Rural Development Bank about to close (26-2-2007)

New board members for Nepal Rastra Bank (24-2-2007)
No passports for bank defaulters (18-2-2007)
Loans for purchasing shares on stock market (17-2-2007)
 

Loans
ADBL reduces non performing loans (8-6-2007)
NIC Bank loan scheme (12-4-2007)

Lending for initial public offering shares banned (24-3-2007)
No passports for bank defaulters (18-2-2007)
Loans for purchasing shares on stock market (17-2-2007)

agricultural development bank loans (24-1-07)
recovery plan for bad loans (1-1-07)

 
Foreign currencies
Euro vs Nepalese Rupee

US dollar vs Nepalese Rupee
stock exchange
Nepal stock exchange
Official website of the Nepal stock exchange
Nepalese Banks
Siddhartha bank limited
Consumer banking in Nepal. Offers US dollar saving account with high return. Branches in Kathmandu, Biratnagar, Pokhara, Birgunj
Standard Chartered
At standard Chartered we believe in being the right partner to our customers. Our home advantage scheme offers a wide range of loans at very attractive rates
Himalayan Bank Ltd
ATM, Credit Cards and all banking services. Branches in Kathmandu, Biratnagar, Bhaktapur, Pokhara, Butwal, Hetauda, Banepa, Dharan, Patan, Birgunj
Siddhartha Development bank limited
The bank is committed to do following works to achieve its objectives, amongst others.
-To provide loan on Sector of agriculture, Industry, Trade, SMEs, Micro Credits, Housing and Land Development and Service Business Sector by utilizing available resources and skills.
Nepal Rastra bank
Central bank of Nepal

Bank of Kathmandu

More banks in Nepal