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Everest Bank reports nearly Rs 5 billion profit, significant growth in deposits and loans

KATHMANDU: Everest Bank posted a substantial profit in the fiscal year 2081/82, with net profit surging by 32.80% to NPR 4.918 billion, up from NPR 3.703 billion in the previous fiscal year. A key factor behind this sharp growth was the decline in non-performing loans (NPLs), which dropped from...

Everest Bank reports nearly Rs 5 billion profit, significant growth in deposits and loans
Sanima Bank posts strong profit growth, expands deposits and loans

Sanima Bank posts strong profit growth, expands deposits and loans

Bangladeshi Firm to Conduct Full Audit of 10 Nepali Commercial Banks from September

Bangladeshi Firm to Conduct Full Audit of 10 Nepali Commercial Banks from September

Central bank raises dollar exchange facility limit for service imports from non-Indian countries

Central bank raises dollar exchange facility limit for service imports from non-Indian countries

‘ADB’s new CPS for Nepal targets climate resilience, job creation, SOE reform, and private sector growth’

‘ADB’s new CPS for Nepal targets climate resilience, job creation, SOE reform, and private sector growth’

NAIMA Nepal Mobility Expo 2025 Kicks Off: FM Poudel Inaugurates, Emphasizes vehicle-friendly infrastructure

NAIMA Nepal Mobility Expo 2025 Kicks Off: FM Poudel Inaugurates, Emphasizes vehicle-friendly infrastructure

NAIMA Mobility Expo to starts today: Over 50 Vehicle Models to Be Showcased

NAIMA Mobility Expo to starts today: Over 50 Vehicle Models to Be Showcased

Finance Ministry directs SEBON to resolve dispute over separate identification of promoter and public shares

Finance Ministry directs SEBON to resolve dispute over separate identification of promoter and public shares

NRB opens doors for rights share issuance: BFIs allowed to raise capital soon

NRB opens doors for rights share issuance: BFIs allowed to raise capital soon

Regulatory Sandbox in Nepal: Nepal Rastra Bank Introduces Groundbreaking Guidelines for Fintech Innovation

Regulatory Sandbox in Nepal: Nepal Rastra Bank Introduces Groundbreaking Guidelines for Fintech Innovation

ADB assures Nepal: No immediate interest rate hike despite LDC graduation

ADB assures Nepal: No immediate interest rate hike despite LDC graduation

Protective Micro Insurance earns 79.57pc higher profit in lalst FY amid surging insurance premium collection

Protective Micro Insurance earns 79.57pc higher profit in lalst FY amid surging insurance premium collection

Bank chairpersons push back against BAFIA changes; Central bank seeks middle ground

Bank chairpersons push back against BAFIA changes; Central bank seeks middle ground

Karnali Development Bank scam: corruption case filed against 109 people over Rs. 3.20 bn fraud

Karnali Development Bank scam: corruption case filed against 109 people over Rs. 3.20 bn fraud

Unregulated pre-IPO boom raises alarms in Nepal’s capital market amid SEBON inaction

Unregulated pre-IPO boom raises alarms in Nepal’s capital market amid SEBON inaction

HBL’s FPO allotted: 925,046 applicants receive 10 units each amid massive oversubscription

HBL’s FPO allotted: 925,046 applicants receive 10 units each amid massive oversubscription

Central bank issues guidance note on interest income recognition under NFRS 9, Mandates quarterly accounting for all BFIs

Central bank issues guidance note on interest income recognition under NFRS 9, Mandates quarterly accounting for all BFIs

World Bank raises interest rate on loans to Nepal after graduation from LDC status

World Bank raises interest rate on loans to Nepal after graduation from LDC status

NRB amends NFRS 9 guidelines, enforces stricter rules on credit loss provisioning and collateral valuation

NRB amends NFRS 9 guidelines, enforces stricter rules on credit loss provisioning and collateral valuation

NRB invites global bids for printing 420 million pieces of Rs. 50 banknotes

NRB invites global bids for printing 420 million pieces of Rs. 50 banknotes

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Trump administration orders sweeping immigration review following national guard shooting incident

Trump administration orders sweeping immigration review following national guard shooting incident

Ousted leader Sheikh Hasina gets death sentence over protest violence; Terror and political fallout loom

Ousted leader Sheikh Hasina gets death sentence over protest violence; Terror and political fallout loom

China moves to ban influencers without degrees from commenting on finance, health, law and education

China moves to ban influencers without degrees from commenting on finance, health, law and education

Trump-Xi summit in South Korea yields major breakthrough on tariffs and trade framework

Trump-Xi summit in South Korea yields major breakthrough on tariffs and trade framework

Nepal targets 15,000 MW renewable power export by 2035, Minister Ghising calls for South Asian regional energy integration

Nepal targets 15,000 MW renewable power export by 2035, Minister Ghising calls for South Asian regional energy integration

Fusemachines on Nasdaq, Marking a major leap in Global AI Innovation

Fusemachines on Nasdaq, Marking a major leap in Global AI Innovation

IMF revise Nepal’s growth forecast to 5.2 pc, Citing domestic weakness and global slowdown

IMF revise Nepal’s growth forecast to 5.2 pc, Citing domestic weakness and global slowdown

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