Global IME Bank, BoK joint operation Following successful merger between Global IME Bank and Bank of Kathmandu (BoK), their joint operation under the name ‘Global IME Bank Ltd’ is commencing from January 9, Monday. Business 08 Jan, 2023
Chinese high court rules in favour of HBL and BoK The Himalayan Bank (HBL) and Bank of Kathmandu (BoK) have won a long fought legal battle in China against China Railway 15 Bureau Group to recover Rs 1.6 billion in counter guarantee money from China Construction Bank (CCB). Business 03 Aug, 2022
Global IME, Bank of Kathmandu to merge Consolidation in the country’s banking sector through mergers and acquisitions seems to be gathering momentum with two more commercial banks announcing marriage in a span of less than a week. Business 17 Jun, 2022
Chinese court reverts decision on guarantee money in favour of Nepali banks KATHMANDU, NOVEMBER 6 After an eight-year-long court battle, Himalayan Bank Ltd (HBL) and Bank of Kathmandu (BoK) may finally be able to retrieve more than Rs 1.50 billion from China Construction Bank (CCB) in the case of counter guarantee money for... 07 Nov, 2020
BoK cashback offer KATHMANDU: On the occasion of its 25th anniversary, Bank of Kathmandu (BoK) has introduced a cashback of 25 per cent on mobile top-up of pre-paid and post-paid numbers of Nepal Telecom and Ncell using BoK smart card. The scheme is in place for a... 26 Feb, 2020
BoK�s silver jubilee KATHMANDU: Bank of Kathmandu (BoK) has marked its 25th anniversary. At a special function, Nepal Rastra Bank Governor Chiranjibi Nepal unveiled the bank’s 25th anniversary logo, as per a press release. As part of its corporate social... 21 Feb, 2020
SC orders Shrestha�s release on bail Kathmandu, November 24 The Supreme Court (SC) today ordered Nepal Police to release former chief executive officer of Bank of Kathmandu (BoK) Ajaya Shrestha on bail of Rs 10 million. The double bench of SC Justices Sapana Pradhan Malla and Kumar... 25 Nov, 2019
Chinese court orders review of earlier decision Kathmandu, July 29 A Chinese high court has decided to review the earlier district court decision made on the case of counter guarantee money filed by Himalayan Bank Ltd (HBL) and Bank of Kathmandu (BoK) against China Construction Bank, in the... 30 Jul, 2019
BoK, GLIC joins hands KATHMANDU: Bank of Kathmandu (BoK) and Gurans Life Insurance Company Ltd (GLIC) have signed a pact to commence bancassurance service to facilitate the bank’s customers regarding procurement of life insurance policies. Ritesh Lamichhane, head of... 17 May, 2018
BoK bonanza offer KATHMANDU: Bank of Kathmandu (BoK) has launched a summer bonanza offer, under which BoK customers get 10 per cent cash back on every purchase made using BoK Visa debit and credit card on any POS terminal within Nepal. As per a media release... 06 Apr, 2018
M&A in banking sector gathers momentum Kathmandu, July 14 The number of commercial banks — classified as class ‘A’ financial institutions — has come down to 28 from 32 in 2011, when Nepal Rastra Bank (NRB) introduced Merger Bylaws. Earlier, financial institutions with similar... 15 Jul, 2016
BoK�s CSR initiative KATHMANDU: As part of its corporate social responsibility (CSR), Bank of Kathmandu (BoK) has handed over Rs 500,000 to Dhurmus Suntali Foundation. Ajay Shrestha, CEO of BoK, presented the cheque to Sitaram Kattel of Dhurmus Suntali Foundation... 13 Jul, 2016