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Sanima Bank receives US$ 20 million loan for MSMEs from IFC

KATHMANDU: Sanima Bank Limited has received an overseas loan of US$ 20 million from the International Finance Corporation (IFC) under the World Bank Group. Seeing the liquidity crunch, Sanima Bank had tried to bring in foreign loans in the last financial year by entering into an agreement with IFC. Sanima...

Sanima Bank receives US$ 20 million loan for MSMEs from IFC
69 local governments yet to introduce annual budget for current fiscal year

69 local governments yet to introduce annual budget for current fiscal year

Profit of commercial banks up by 23.14% in 2021-22 despite prolonged liquidity crisis

Profit of commercial banks up by 23.14% in 2021-22 despite prolonged liquidity crisis

Mega bank records 21.78% net profit increment in 2021-22 FY

Mega bank records 21.78% net profit increment in 2021-22 FY

Cheque bounce now a banking offense as SC revokes its previous verdict

Cheque bounce now a banking offense as SC revokes its previous verdict

Banks decide not to raise interest rate immediately

Banks decide not to raise interest rate immediately

Nabil Bank’s net profit increases by 9.83% to Rs Rs 4.97 billion

Nabil Bank’s net profit increases by 9.83% to Rs Rs 4.97 billion

Standard Chartered, NCC Bank face NRB action on failure to maintain CRR & SLR

Standard Chartered, NCC Bank face NRB action on failure to maintain CRR & SLR

NRB removes limitations on cash dividend by banks and financial institutions

NRB removes limitations on cash dividend by banks and financial institutions

NRB revokes financial concessions announced during Covid-19 pandemic

NRB revokes financial concessions announced during Covid-19 pandemic

Himalayan Bank and BoK wins bank guarantee case in China, to get Rs 1.5 billion

Himalayan Bank and BoK wins bank guarantee case in China, to get Rs 1.5 billion

Prabhu Bank inks acquisition agreement with Century Commercial Bank in 1:1 swap ratio

Prabhu Bank inks acquisition agreement with Century Commercial Bank in 1:1 swap ratio

Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook

Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook

Central bank issuing Rs 30 billion worth repo today

Central bank issuing Rs 30 billion worth repo today

Inflation will remain at 14% till next three months: NRB

Inflation will remain at 14% till next three months: NRB

Steep rise in short-term interest rates as inter-bank rate reaches 8.5 % & treasury bills rate 14 %

Steep rise in short-term interest rates as inter-bank rate reaches 8.5 % & treasury bills rate 14 %

Deposit in banks fall by Rs 64 billion in six days adding pressure to liquidity

Deposit in banks fall by Rs 64 billion in six days adding pressure to liquidity

CBFIN welcomes monitory policy for current fiscal year

CBFIN welcomes monitory policy for current fiscal year

Merger and acquisition facilities for financial institution extended till mid-January

Merger and acquisition facilities for financial institution extended till mid-January

Q4 financial report of 8 commercial banks: NIC Asia holds highest dividend distribution capacity

Q4 financial report of 8 commercial banks: NIC Asia holds highest dividend distribution capacity

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