Banking News - Page 4
Global IME Bank Approves 10% Dividend at 20th AGM
Global IME Bank has approved a 10% dividend, comprising 4% bonus shares and 6% cash dividend including tax, from its profit for FY 2082/83.
NRB to Collect Rs. 18 Billion Through 28-Day Deposit Collection Instrument
Nepal Rastra Bank is set to absorb excess liquidity from the banking system by issuing a Rs. 18 billion, 28-day deposit collection instrument through an auction.
Kamana Sewa Bikas Bank’s Issuer Rating Upgraded to CARE-NP BBB-
CARE Ratings Nepal has upgraded Kamana Sewa Bikas Bank’s issuer rating from CARE-NP BB+ to CARE-NP BBB-, citing improvements in capital strength, asset quality, profitability, business growth, and liquidity.
Ridge Line Energy Calls AGM to Approve 10.52% Cash Dividend
Ridge Line Energy Limited has scheduled its fifth Annual General Meeting (AGM) to approve a 10.52% cash dividend for shareholders from the previous fiscal year’s profit.
Siddharth Bank Sets October 1 as Final Day to Secure 20% Dividend
Siddharth Bank Limited (SBL) has fixed Ashoj 15 as the final trading day for shareholders to remain eligible for its proposed 20% dividend.
NRB to Absorb Rs. 20 Billion from BFIs Amid Excess Liquidity in Banking System
Nepal Rastra Bank will collect Rs. 20 billion in deposits from banks and financial institutions through a bidding process today to manage excess liquidity in the financial system.
Global IME Laghubitta Announces 9.5% Dividend
Global IME Laghubitta Bittiya Sanstha Limited (GILB) has proposed a 9.5% dividend for FY 2082/83, comprising 6% bonus shares and 3.5% cash dividend including tax.
Miteri Development Bank Announces 11% Dividend for Shareholders
Miteri Development Bank (MDB) has announced an 11% dividend, comprising 5% bonus shares and 6% cash dividend including tax, from the profits and retained earnings of the previous fiscal year.
NRB Cuts Banks’ Share Investment Holding Period from 6 Months to 45 Days
Nepal Rastra Bank has reduced the minimum holding period for banks’ investments in listed shares and debentures from six months to 45 days, while introducing tighter investment governance and risk-management requirements.
NRB to Absorb Rs. 20 Billion from Banks Amid Excess Liquidity
Nepal Rastra Bank will collect Rs. 20 billion in deposits from licensed banks and financial institutions through a bidding process to manage excess liquidity in the financial system.
Dividend Alert: Today Last Day to Secure Dividends from 2 Companies, 3 Mutual Funds
Investors must hold shares or units by Thursday, Ashoj 8, to be eligible for dividends from Machhapuchchhre Bank, Kalinchok Darshan, and three mutual funds.
Kumari Bank Calls 26th AGM to Approve 2.0156% Cash Dividend
Kumari Bank has called its 26th AGM on October 14 to approve a 2.0156% cash dividend, including tax, proposed from its profit for FY 2082/83.