Stock market awash with rights and bonus shares KATHMANDU: The secondary market has a supply of 12.389 million-unit of shares this week as four financial institutions — Biratlaxmi Bikas Bank, United Finance, Sanima Bikas Bank and Standard Finance — have listed their bonus and rights... 23 Aug, 2009
Biz Briefs HBL expands KATHMANDU: Himalayan Bank Ltd inaugurated its 24th branch at new Baneshwor on Friday. The bank as of the end of first month of the current fiscal year has registered a deposit of Rs 37,976.70 million and loan portfolio is over Rs... 22 Aug, 2009
BIZ BRIEFS Citizens’ profit KATHMANDU: Citizens Bank International is starting ‘Gold loan scheme’ from its Biratnagar, New Road and Bouddha branches from August 17. It is also is planning to start door-to-door banking service from the same day.... 15 Aug, 2009
Stock exchange goes down by 16 points KATHMANDU: Shareholders of hydropower companies, commercial banks, finance companies, trading firms, development banks and insurance companies lost this week, pulling Nepse down by 16 points to 700.01 points from its opening 716.01 points on... 09 Aug, 2009
Citizens’ Bank dividends KATHMANDU: Citizens’ Bank International is planning to distribute 10 per cent cash dividend from its last fiscal year profit. On Friday, the bank inaugurated its 12th branch in Dhangadi. The bank has collected deposit worth Rs 11.524424 billion... 08 Aug, 2009
Standard Chartered rules Nepse roost KATHMANDU: Standard Chartered bank dominated the stock market this week with Rs 40.67 million worth transactions followed by Bank of Kathmandu with Rs 39.01 million, Citizens’ Bank International with Rs 38.75 million, Nepal Bangladesh Bank with... 02 Aug, 2009
Nepse defies popular market belief KATHMANDU:Contrary to the popular belief that decrease in capital gain tax will push the Nepse high up, the Nepse this week posted a marginal growth of 1.97 points to 737.84 points from last week’s closure of 735.87 points. The transaction... 26 Jul, 2009
BIZ BRIEFS NIC in Lahan KATHMANDU: NIC Bank started its Lahan branch from Monday. Chairman of the bank Jagdish Prasad Agrawal inaugurated the first private commercial bank’s branch in Sagarmatha zone. To coincide with its 10th anniversary celebration, an... 13 Jul, 2009
Bishal Bazaar Co’s shareholders gain KATHMANDU: Except for the shareholders of trading sub-group, all other lost this week. After a long time Bishal Bazaar Company saw its 324-unit of shares being traded on Thursday to push the trading sub-group’s index up by 8.57 points to 290.35... 21 Jun, 2009
Shareholders of hydropower firms gain KATHMANDU: The shareholders of hydropower, insurance companies and hotels sub-groups gained this week as these sub-groups’ indices gained 27.02 points to 888.41 points, 4.42 points to 648.77 points and 2.90 points to 369.35 points. However,... 14 Jun, 2009
Nespe defies market basics KATHMANDU: The shareholders of the development banks sub-group gained this week defying the market fundamental. The development banks sub-group — despite the central bank’s decision to send Nepal Development Bank (NDB) to liquidation... 07 Jun, 2009
BIZ BRIEFS Citizens’ lists shares KATHMANDU: Citizens Bank International has listed its 10-million-unit shares at Nepal Stock Exchange (Nepse). Nepse MD Shanker Man Singh and Citizens’ Bank acting CEO Ganesh Raj Pokharel on Wednesday signed an... 04 Jun, 2009
