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First Banking Expo kicks off from today in Kathmandu

“Banking Expo 2017” is being organized at Bhrikutimandap, Kathmandu from today (Baisakh 15, 2074) in collaboration with the Nepal Rastra Bank (NRB), Bankers Association, Development Bankers Association and Micro Finance Development Bankers Association. The expo was inaugurated by Dr. Chiranjibi…

ICRA Nepal gives ‘“[ICRANP] AMC Quality 3’ fund management rating to NMB Capital

ICRA Nepal has assigned rating of “[ICRANP] AMC Quality 3 (AMC3)” (pronounced ICRA NP Asset Management Company Quality Three) fund management quality rating (FMQR) to NMB Capital Limited. The rated entity carries adequate assurance on management quality. The entities with…

SEBON approves 30% right share of Sunrise Bank; Reliable Microfinance’s 50% right in pipeline

Securities Board of Nepal (SEBON) has provided approval to Sunrise Bank Limited (SRBL) for the issuance of its 30% right shares. SRBL will now be issuing 16,359,636 units shares to its shareholders, each to be floated at a face value…

NIBL Samriddhi Fund-1 & NIBL Pragati Fund NAV rises to Rs 15.98 & 10.74 respectively

NIBL Samriddhi Fund-1 (NIBSF-1), a 7 years closed-end mutual fund scheme managed by NIBL Capital Markets Limited, has reported increase in Net Asset Value (NAV). According to the financial report published today, the mutual fund scheme’s NAV surged to Rs…

Garima Bikas Bank earning surges by 69% to Rs 24.85 crore in Q3; EPS at Rs 25.56

Garima Bikas Bank Limited (GBBL) has registered a profit rise of 69.49 percent in the third quarter of the current fiscal year 2073/74. According to the unaudited financial report published by the national level development bank today, its net profit…

Improvement in NAV of SEOS & SIGS1; NAV inches up to Rs 16.02 & Rs 28.54 respectively

Siddhartha Equity Oriented Limited (SEOS) and Siddhartha Investment Growth Scheme-1 (SIGS1)—closed-end 5 years mutual fund schemes managed by Siddhartha Capital Limited—have reported increase in their Net Asset Values (NAV). According to the financial report published today, Siddhartha Equity Oriented Scheme’s NAV…

NMB Hybrid Fund L-1 NAV surges to Rs 10.57 on Chaitra; NMB Sulav Investment Fund-1 NAV also up at Rs 17.24

NMB Hybrid Fund L-1, a 7 years closed-end mutual fund scheme managed by NMB Capital Limited, has reported increase in its Net Asset Value (NAV). According to the financial report published today, the mutual fund scheme’s NAV inched up to…

Tourism Development Bank extends ongoing 100% right share issue till Baisakh 26

Tourism Development Bank Limited (TDBL) has extended its ongoing 100% (1:1) right share issue till Baisakh 26, 2074. Now, the shareholders have 8 more working days to apply for the right issue. Tourism Development Bank has been floating 1:1 (100%)…

Janata Bank auctioning 21,726 units unsold promoter shares from today

Janata Bank Nepal Limited (JBNL) is auctioning its 21,726 units unsold promoter shares from today (Baisakh 15, 2074). It is reselling 21726 units promoter shares as all the right shares were not subscribed by its shareholders in the previous auction. Only…

Remit Hydro, subsidiary of HIDCL, developing 71.5 MW Hydropower project; invites consultants for DPR

Remit Hydro Limited, a subsidiary company of Hydroelectricity Investment and Development Company Ltd. (HIDCL), is developing Ghunsa Hydroelectric Project of 71.5 MW capacity in Taplejung district. It is inviting Expression of Interest (EOI) for invitation of applications from interested and…

 

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