Banking & Financial News (Total Posts : 49 )

Banking Award to Machhapuchhre Bank by Visa Payment Excellence service 2023

Kathmandu. Machhapuchhre Bank Limited has been honored with Visa Payment Excellence in Credit Award and Excellence in POS Acquiring Service 2023. The two awards were given to the bank in a leadership conclave program organized by Visa International in Kathmandu.The award was given to the bank for being the best...

Read More Published on : 10 months ago

Banking Award to Prabhu Bank as 'Bank of the Year' Award in 2023

Prabhu Bank has been honored with the prestigious 'Bank of the Year' award for 2023. The recognition is particularly noteworthy as it underscores the financial institution's transformative path, transitioning from a finance company to a development bank before attaining its current status as a commercial...

Read More Published on : 10 months ago

Banking Award to Himalayan Bank by Visa Leadership Conclave Nepal-2023

Himalayan Bank has been honored by Visa Leadership Conclave Nepal-2023. The award was given to the company for excelling in Excellence in POS Acquiring Business (2023) and Excellence in Consumer Cards Prepaid (2023) at the Leadership Conclave organized by Visa International...

Read More Published on : 10 months ago

Banking Award to Global IME Bank as Visa Payment Excellence Award 2023

Global IME Bank Limited has been honored with Visa Payment Excellence Award 2023. In the leadership conclave organized by Visha International in Kathmandu, the bank was given the award for being the best in promoting debit cards among Visa members to associate members in the...

Read More Published on : 10 months ago

3.1 million new Mobile banking users added in Nepal

3.1 million mobile banking users have been added in one year. Compared to last year, 31 lakh more new mobile banking users were added this year. According to the latest data of Nepal Rastra Bank, there are 22.2 million 84 thousand 622 mobile banking users till October...

Fixed Deposit Interest Rate in Nepal

Most of the commercial banks have reduced the deposit interest rates for the month of November. Banks have reduced the interest rate of deposits as the banking system has accumulated enough investable funds (liquidity) and the demand for loans has not increased.

What is a Interbank interest rate in Nepal ?

The interest rate of inter-bank transactions has fallen below 2 percentage points. With the accumulation of investable funds in the banking system, the interest rate of inter-bank transactions has also decreased. Currently, this interest rate has fallen to the line of 1.94 percentage points. Currently,...

Commercial Banks Interest Rate of Nepal and Advantages of Fixed Deposit Investment

The fixed deposit interest rate in Nepal has always been discussed as one of the most profitable investments in Nepal. A Fixed Deposit (FD) is a type of financial instrument, provided by banks and other financial institutions, which offers investors a higher rate of interest...

Banks in Nepal, Top 20 Commercial Banks list of Nepal :Banking Nepal

There are 20 Commercial Banks in Nepal as of 31st July 2023. 10 different banks are either merged or were acquired in different fiscal year. After 5 Mergers and 2 Acquisitions of Commercial Banks in Nepal, the number of commercial banks has been decreased on...

Top 10 Banks in Nepal : Banking Nepal

There are 26 commercial banks listed in NEPSE. We have collected data from the Top 10 Commercial banks in Nepal. We comparisons of Commercial banks based on Paid-Up capital, Reserve, NPL, CD Ratio, and net profit. The Banking currency consisted Until the year 1980 AD...