Global IME wins Global Finance ‘Best Bank Award’ for 2024

Bankingkhabar/Global IME Bank Limited has been honored with the Best Bank Award for this year by Global Finance Magazine. Global Finance Magazine selects and honors the best banks worldwide. Global IME Bank has been recognized as the best bank in Nepal for 2024 in terms of long-term reliability, financial resource mobilization, geographical expansion, strategic relationships,


Laxmi Sunrise relocates two branches inside Kathmandu Valley

Kathmandu. Laxmi Sunrise Bank has relocated two of its branches inside Kathmandu valley. Laxmi Sunrise has relocated one of its two branches in Maharajgunj, previously situated at Narayan Gopal Chowk in Kathmandu Metro-3, to Balkot in Suryabinayak Municipality-2 of Bhaktapur district. Similarly, one of the two branches in Pepsicola, previously located in Kathmandu Metro-32, has


Loans taken from banks and financial institutions must be repaid at any cost: Minister of Finance

Banking News/Finance Minister Dr. Prakasharan Mahat said that the country’s economy is becoming dynamic. He said that the country’s economy is progressing on a positive path in an interaction on ‘Role of Stakeholders in Economic Revival’ held in Kathmandu. “In the past, a lot of money was spent on non-productive sectors, the economy was under


Significant Challenges For Sustainable Banking

Madan Shrestha Maintaining customer trust and confidence is a vital component as well as a very complex task in the banking sector. There is a controversial challenge in front of the banking sector. If the bank is not able to earn a handsome profit there is no trust of customers & people. People dislike those


Laxmi Bank Launches Scholarship for Women in STEM

Laxmi Bank – as a part of its 20th Anniversary commitments – has signed an MOU with Kathmandu University today to establish scholarship for women who wish to pursue a Master’s or a Ph.D. degree in STEM subject at Kathmandu University (KU) Nepal. The agreement was executed by Mr. Ajaya B. Shah, CEO, Laxmi Bank


Customers of Kamana Sewa to enjoy 10% Discount at Soaltee Crowne Plaza

Kamana Sewa Bikas Bank has tied up with Soaltee Enterprise Pvt. Ltd for providing discounts to Kamana Sewa’s customers. Soaltee Crown Plaza, Kathmandu, a Five Star Hotel in Bagmati Province and Soaltee Western Premier, Nepalgunj, a Five Star Hotel in province No. 5 is renowned for its rich history as a pioneer in Nepal’s tourism


Himalayan Bank and Diners Club International Sign Agreement to Expand Acceptance and Issue Cards in Nepal

  Himalayan Bank Limited (HBL) recently signed an agreement with Diners Club International, a subsidiary of Discover Financial Services, and part of the Discover Global Network, to become an issuer of Diners Club cards and a merchant acquirer to expand card acceptance for Diners Club International, Discover and Network Alliance cardholders in Nepal. “HBL is


What is an educational certificate pledge loan? How to take it?

Banking Khabar / The government has announced that loan of up to Rs 25 lakhs for students who have completed bachelors, according to government through by budget. Although this is not a new announcement, the amount has been increased. Earlier, the KP Sharma Oli-led government had announced a loan of up to Rs 7 lakhs


Sanima Bank provides 10 Million for construction of Children Hospital

Banking Khabar / Sanima bank has signed an MoU for providing financial support of NPR 10,000,000 (Rs. Ten Million only) to Kathmandu Institute of Child Health (KIOCH) as part of its corporate social responsibility.  Prof. Dr. Bhagawan Koirala along with his team are working to establish Multi-Specialty Children hospitals in Kathmandu and other provinces of


Nepal Rastra Bank Managing Remittance Business

Banking Khabar / Nepal Rastra Bank has been conducted  publish remittance exchange rate as remittance exchange rate at  morning 10 am and afternoon 2 pm every day. The Central Bank has  modify the  financial institutions and remittance companies and the  Integrated Circular  2076 to fix the average purchase rate through the Foreign Exchange Dealers Association of