Business
Nepal Rastra Bank moves to absorb liquidity as banking sector sees loan growth
The Nepal Rastra Bank is withdrawing Rs 150 billion to manage excess liquidity, even as commercial banks report a rise in loan disbursements.
Banking
10 articles
Business
Nepal's banking sector faces mixed trends in credit and asset quality
Nepal Bank Limited has launched a discounted housing loan scheme as private-sector credit growth stays below the central bank's target and banks' non-banking assets rise by over 11 percent in a year.
Business
Kumari Bank Partners With Ramada Encore Thamel to Offer Discounts
Kumari Bank has signed a partnership with Ramada Encore by Wyndham in Thamel, offering its customers up to 20 percent discounts alongside loyalty perks.
Business
Domestic Slump and Ballooning Trade Deficit Strain Economy
Despite record remittance inflows and historic foreign reserves, Nepal's domestic economy remains constrained by sluggish private credit, widening trade deficits, and weak industrial demand.
Business
NRB Assets Top Rs 4 Trillion Amid Bank Liquidity Glut
Nepal Rastra Bank's total assets exceeded Rs 4 trillion in mid-September on foreign reserve growth, even as commercial lenders struggle with surplus liquidity and a troubled regional bank restructures.
Business
Siddhartha Bank Inks $40 Million Risk-Sharing Deal with IFC
Siddhartha Bank has partnered with the International Finance Corporation on a $40 million risk-sharing facility to absorb half the default risk on small and medium enterprise loans in Nepal.
Business
Central Bank Scraps Fixed Festive Dates for Exchanging New Banknotes
Nepal Rastra Bank has eliminated fixed distribution periods for festive banknotes, providing new and clean currency through normal banking counters and branch networks ahead of Dashain.
Business
Niraj Sharma Takes Charge as eSewa Chief Executive Officer
Veteran banker Niraj Sharma has taken charge as the chief executive officer of eSewa Limited for a four-year term, succeeding Jagdish Khadka.
Business
Sanima and Global IME Banks Advance Annual Dividends and Growth Plans
Sanima Bank has approved its dividend and board appointments at its 22nd AGM, while Global IME Bank announced a 10 percent payout proposal ahead of its upcoming general meeting.
Business
NIC Asia Bank, Syakar Trading Partner for Honda Auto Financing
NIC Asia Bank and Honda distributor Syakar Trading have introduced vehicle financing packages featuring a fixed 5.99 percent interest rate for seven years and holiday purchase incentives.