NEPSE stopped the share trading of Citizen Life Insurance Company in the secondary market temporarily, stating that the company damaged Nepal’s stock market reputation. Citizen Life declared dividends on Monday, Bishakh 24, 2081, but the Insurance Authority ordered to cancel them. The company notified NEPSE that the announced dividends were canceled. On the other hand,… Continue reading Why did NEPSE stopped the share trading of Citizen Life Insurance Company?
Category: कम्पनी समाचार
Why has NEPSE closed the TMS of Broker No. 92?
NEPSE has closed the TMS of Broker No. 92 i.e. Roadshow Securities, which is also a new broker company. The broker company’s TMS (Trade Management System) has been closed due to non-payment of monthly technical fees. Investors who have been using this broker’s platform are restricted from using it after the company’s TMS closes and… Continue reading Why has NEPSE closed the TMS of Broker No. 92?
World Bank Extends Rs. 13.33 Billion Concessional Loan to Nepal Government
Nepal’s government decided to get a special loan of Rs. 13.33 billion from the World Bank to help with different projects. They made this decision during a meeting last Wednesday. Around $100 million loan is for developmental initiatives assisting Nepal to grow. They told everyone about this decision during a news conference by the Ministry… Continue reading World Bank Extends Rs. 13.33 Billion Concessional Loan to Nepal Government
Aatmanirbhar Laghubitta Reports Net Profit Decline By 71.52% Fiscal Year 2080/81
Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) has recently shared its financial report for the third quarter of 2080/81. The company’s profit decreased by 71.52%, with a net profit of Rs. 1.27 Crores compared to Rs. 4.46 crores last year. Deposits stayed steady at Rs. 84.57 Crores, while loans increased to Rs. 1.46 Arba. However, their… Continue reading Aatmanirbhar Laghubitta Reports Net Profit Decline By 71.52% Fiscal Year 2080/81
Himalayan Laghubitta Reports 73.87% Net Profit in fiscal year 2080/81.
Himalayan Lagubitta Bittiya Sanstha Limited(HLBSL) has disclosed a net profit of Rs. 1.13 crore compared to Rs. 65.55 lakhs in the corresponding quarter of the previous year. The third-quarter financial report for the financial year 2080/81 showed an impressive surge of 73.87% in net profit. The financial metric showed a 6.49% decrease in deposits, which… Continue reading Himalayan Laghubitta Reports 73.87% Net Profit in fiscal year 2080/81.
Swiss Investment Fund for Emerging Markets will invest $10 Million in Global IME Bank
According to the agreement signed between Ratnaraj Bajracharya (CEO of Global IME Bank) and Jörg Frieden (The Chairman of SIFEM), the Swiss Investment Fund for Emerging Markets will invest $10 Million in Global IME Bank. Global IME Bank is the first commercial bank in the private sector to have branches in all the districts of… Continue reading Swiss Investment Fund for Emerging Markets will invest $10 Million in Global IME Bank
Nepal Rastra Bank Shortlists Auditors to audit 10 Major Commercial Banks
10 large commercial banks are going to be audited by 5 auditors shortlisted by the Central Bank. Nepal Rastra Bank shortlisted the auditors from the list of applicants, who had sent their applications in the second week of March. The Central Bank has shortlisted three foreign auditors and 2 Nepali auditing companies for the external… Continue reading Nepal Rastra Bank Shortlists Auditors to audit 10 Major Commercial Banks
Deadline Alert: Secure Your CHDC Dividends before Deadline
Secure Your CHDC Dividends Before Deadline: Tuesday, Baishakh 18, 2081, is the last day to get money from CEDB Hydropower Development Company Limited (CHDC). From tomorrow i.e. Baisakh 19th until April 31st, the company is closing its records for a general meeting and dividend distribution. If you’ve been trading stocks and still own some of… Continue reading Deadline Alert: Secure Your CHDC Dividends before Deadline
Prabhu Bank Calls for General Meeting
Prabhu Bank Calls for General Meeting: The annual general meeting of Prabhu Bank will be held on 20th Basiakh 2081 at the central office in Babarmahal, Kathmandu at 10 am. During the meeting, there will be discussions on the annual report, the profit and loss of the bank, and the cash flow of the previous… Continue reading Prabhu Bank Calls for General Meeting
Shareholder Reward: Sarbottam Cement Announces Dividend Distribution
Sarbottam Cement Announces Dividend Distribution (लाभांश वितरण), the company has called a general meeting on Baishak 12 to pass the agendas including dividend distribution. The company has proposed distributing a 15 percent cash dividend from last year’s profit. The meeting will be held at Siddhartha Vilasa-Bhairahawa, Lumbini, Nepal. The company has announced that this dividend… Continue reading Shareholder Reward: Sarbottam Cement Announces Dividend Distribution