'NIBL Sahabhagita Fund' gets approval to increase its size to Rs 2 billion Nepal Investment Bank Ltd — one of the leading banks of Nepal which was recently renamed Nepal Investment Mega Bank Ltd (NIMBL) following merger with Mega Bank Ltd — had registered ‘NIBL Mutual Fund’ as a fund sponsor in Securities Board of Nepal (SEBON) with an objective to diversify mutual fund schemes in the Nepali capital market. Business 20 Jan, 2023
NIBL and Mega Bank start joint operations as NIMB Nepal Investment Bank Ltd (NIBL) and Mega Bank have started joint operations from today following a successful merger between the two banks. Organising a press conference here today, the two banks officially announced the start of joint operations under the new name — Nepal Investment Mega Bank Ltd (NIMB). Business 12 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
NIBL, Mega Bank to merge Nepal Investment Bank Ltd and Mega Bank Nepal have initiated the process of going for merger to create a banking behemoth with a total paid-up capital of Rs 34.43 billion. Business 11 Jun, 2022
Auction of NIBLSF-1 shares, debentures NIBL Ace Capital is auctioning shares and debentures of NIBL Samriddhi Fund 1 (NIBLSF-1) to the general public from January 27 till February 3, as per a press statement. Business 29 Jan, 2022
HBL-NIBL merger chapter closes as Himalayan's shareholders reject proposal HBL-NIBL merger chapter closes as Himalayan's shareholders reject proposal Business 14 Jan, 2022
FOCUSONE, Visa launch first card-based Scan to Pay solution 'MOCO' in Nepal FOCUSONE Payment Solutions, a licensed Payment Service Provider with the Nepal Rastra Bank (NRB), has launched its Mobile Digital Wallet – MOCO, today. Business 01 Oct, 2021
Nepal Investment Bank, Himalayan Bank to merge, become Nepal's biggest bank Two major commercial banks in the country — Nepal Investment Bank Ltd and Himalayan Bank Ltd — have decided to merge, creating a banking behemoth with a total paid-up capital of nearly Rs 27 billion. Business 14 May, 2021
NIBL-DWC pact Nepal Investment Bank Ltd (NIBL) and Digital Wallet Corp (DWC) have entered an agreement for remittance service to facilitate Nepali expatriates working in Japan to send remittance back home to their families. Business 29 Apr, 2021
NIBLSF2 launched Considering the developing capital market of Nepal, growing mutual fund industry and increasing investor trust and participation in the mutual fund, NIBL Samriddhi Fund-II (NIBLSF2) — the fourth mutual fund scheme of Nepal Investment Bank Ltd — has been launched aiming to carry forward the trust and legacy built by its first scheme NIBSF-I among the investors. Business 17 Apr, 2021
NIBLSF Dividend Re-Investment Plan NIBL Sahabhagita Fund (NIBLSF), an open ended fund sponsored by Nepal Investment Bank Ltd and managed by NIBL Ace Capital Ltd has informed its unit holders regarding its ‘Dividend Re-Investment Plan’ Business 07 Apr, 2021
