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Nepalese Loans |
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
Auto loans
This Nepal Bank loan
is provided for:
- Purchase of new vehicles
- Purchase of old / used
vehicles (For Private use
only)
- Swapping (For Private and
Commercialuse use). Some of
criteria for taking
auto-loans are as follows.
-The loan is provided to
Nepalese Citizens only.
-This is provided to any
salaried and self-employed
individuals and companies.
Car finance by Nabil bank
We are committed to provide
finance for purchase of your
vehicles - be it for
personal or commercial
purpose. Please step into
one of our branches and ride
home in your new car
Vehicle loans by CEFI
Loans to finance heavy
commercial vehicles, Private
Car, Jeep, Pickup, and taxis
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Banks
in Nepal |
Nepal credit & commerce bank
Nepal Investment Bank
Laxmi bank
Lumbini bank
Siddhartha bank limited
Machha Puchchhre bank
Nic bank -
life savings account
NIC Life savings account for ensuring of your
savings, high return & your financial & personal security
Bank of Kathmandu
Standard Chartered
Nepal merchant bank & fin.
Development credit bank
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News item 17-2-2007 |
Suman Neupane has invested
over five million rupees on
shares with loans from banks
and finance companies. He is
now a happy man; his
investment continues to spin
money, as prices of shares
he owns continue to move
upward. Equally euphoric are
financial institutions that
lent him because they have
found margin lending-loans
as another lucrative
investment instrument. But,
neither Neupane nor the
lending institutions seem to
be carefully examining the
risks involved while
extending huge loans for
purchasing shares. They have
hardly bothered to analyze
what will happen if the
stock market crashes. The
institutions have found the
going easy on margin
lending, as they are not
regulated by the central
bank. Like Neupane,
thousands of people have put
money in shares, taking
loans from the financial
institutions. Though there
is no official data about
total investment under
margin lending, it is
expected to be several
billion rupees. Financial
institutions are issuing
loan up to 80 percent of the
market value of shares to
buy the shares. During the
initial public offering
(IPO) of shares, they invest
up to 95 percent of the
shares' face value. Mostly,
the institutions keep shares
as collateral so they have
nothing to seize or to
resort to when the share
market shrinks. I have now
applied Gurkha Bank's shares
worth of Rs 150 million of
which 95 percent has been
financed by loans from
finance companies, said
Govinda Bhandari, who works
at a private company. It is
beyond my capacity to make a
large investment on shares,
if the loans were not
available. Drawing loans
against shares is incredibly
easier. The aspirant
investors do not require any
stringent documents.
More about margin lending
loans
Other banking news and
articles:
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)
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) |
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Easy
money and Nepalese banks
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