Banking News - Page 14
NMB Bank Lists Rs. 3 Arba Preference Shares Under Symbol 'NMBPNP'!
NMB Bank Limited has officially listed 30 million units of its 8.25% Perpetual Non-Cumulative Preference Shares (NMBPNP) on the Nepal Stock Exchange. While secondary market trading kicks off on Jestha 20, the bank has restricted all trading activities exclusively to institutional investors, completely barring the general public and standard market intermediaries.
Himalayan Bank Partners with UnionPay to Launch Historic RMB Card
Himalayan Bank Limited (HBL), in partnership with UnionPay International, has introduced the UnionPay RMB Card, enabling Nepali travelers, students, and entrepreneurs to execute direct transactions in Chinese Yuan across China.
Sudesh Khaling’s Strategic Overhaul of Everest Bank’s Legacy Architecture
Under the pioneering leadership of its first Nepali CEO, Sudesh Khaling, Everest Bank (EBL) has successfully transitioned from a rigid, bureaucratic institution into an aggressive, digitally advanced market leader, registering a remarkably low NPL of 0.61% and a distributable profit exceeding Rs 4.04 billion in Q3.
Muktinath Bikas Bank Unveils App-Based Mobile Banking ‘Self-Renew’ Feature
Muktinath Bikas Bank upgrades its "Faida App," allowing users to instantly reactivate expired digital banking services and update personal NID or PAN credentials from the comfort of their homes.
Muktinath Bikas Bank Introduces One-Click App Renewal
Muktinath Bikas Bank (MNBBL) has upgraded its 'Muktinath Fada App' with a new self-renewal feature, allowing users to instantly renew their mobile banking services and update vital personal details like NID, PAN, and email directly from home.
Sanima Reliance Life Insurance Introduces Special Grace Period Revival Campaign
Sanima Reliance Life is offering a 100% late fee waiver from Jestha 11 to 31 to help customers revive lapsed policies.
NRB Directs Banks to Launch Mandatory Disability-Friendly and Inclusive Services
Central bank mandates dedicated counters, accessible apps, tactile cards, and Braille-equipped ATMs for people with disabilities across Nepal.
SME Credit Boost: Inside RBB's New Risk-Free Lending Model for Koshi Province
Rastriya Banijya Bank eliminates corporate loan friction by introducing an international, multi-agency portfolio protection scheme to fund local businesses safely. Here are the key numbers and operational facts.
Banking on Boundaries: Central Bank Outlaws Forced Overtime in Financial Sector
Nepal Rastra Bank (NRB) has issued a strict amendment to its unified directives, prohibiting banks and financial institutions from forcing employees to work overtime and mandating official financial compensation for extra hours worked.
Capital Market Update: Sanima Bank’s Rs 2 Arba Preference Shares Listed on NEPSE for Exclusive Institutional Trading
Sanima Bank has listed 2 crore units of perpetual non-cumulative preference shares on NEPSE, with trading starting tomorrow.
Muktinath Bikas Bank Opens Massive 1.56 Lakh Unit Promoter Share Auction to the General Public
Muktinath Bikas Bank is auctioning 156,283 units of promoter shares from Jestha 7 to Jestha 14 at Rs 100 base price.
Monetary Intervention: Central Bank Initiates Rs 30 Billion Liquidity Mopping Operation
Nepal Rastra Bank is deploying a 91-day deposit collection instrument today to absorb Rs 30 billion in excess liquidity from the financial sector.