Skip to content
|Loading...
Share Gyan home
EBook

Garima Bikas Bank Crowned ‘Development Bank of the Year 2026’

Garima Bikas Bank wins big at the 18th Corporate Business Awards, securing the "Development Bank of the Year 2026" title on the heels of its recent "Best Managed Development Bank" accolade.

Published By Share Gyan
Garima Bikas Bank Crowned ‘Development Bank of the Year 2026’

Garima Bikas Bank Limited has solidified its position as a leading financial institution after being honored as the “Development Bank of the Year 2026” at the 18th Corporate Business Awards and Summit held in Kathmandu. The prestigious award was handed over by Chief Guest Hon. Hari Dhakal to the bank's CEO, Madhav Prasad Upadhaya, and Deputy CEO, Anil Regmi. This achievement marks a back-to-back triumph for the institution, which was also recently recognized as the “Best Managed Development Bank 2026” at the 10th NewBiz Conclave and Business Excellence Awards. Backed by dual ISO 9001:2015 and ISO 27001:2022 certifications for quality management and information security, the bank continues to expand its footprint with 126 branches, 51 ATMs, and digital banking services catering to nearly 900,000 customers across Nepal.

SEBON Approves 50% Right Share Issuance of NIC Asia Bank Worth Rs 7.45 Billion

The Securities Board of Nepal (SEBON) has granted preliminary approval to NIC Asia Bank Limited to issue 50 percent right shares at a 1:0.50 ratio. The bank will issue 74,587,835 shares worth Rs 7.45 billion at a face value of Rs 100 per share.

NRB to Sell Gold Coins and Silver Medallions for Tihar from November 5

Nepal Rastra Bank (NRB) will sell 2.5-gram gold coins and 10-gram silver medallions featuring Goddess Laxmi and Lord Ganesh on November 5 and 6 (Kartik 19 and 20) from its Minting Division in Babarmahal, Kathmandu.

Himalayan Laghubitta Proposes 5% Dividend for FY 2082/83

Himalayan Laghubitta (HLBSL) has proposed a 5% dividend for shareholders, comprising 4.75% bonus shares and 0.25% cash dividend for the fiscal year 2082/83.

Rastriya Banijya Bank Reports 175.52% Growth in Q1 Net Profit

Rastriya Banijya Bank Limited has reported a remarkable 175.52% year-on-year growth in net profit, earning Rs. 1.64 billion in the first quarter of FY 2083/84, compared to Rs. 598.73 million in the corresponding period of the previous fiscal year. The significant growth was driven by a sharp increase in net interest income and a substantial decline in impairment charges.

Kumari Bank Reports Rs. 1.07 Arba Net Profit in Q1; Operating Profit Jumps 32.39%

Kumari Bank Limited (KBL) has reported a modest 1.70% year-on-year growth in net profit, earning Rs. 1.07 billion in the first quarter of FY 2083/84, compared to Rs. 1.06 billion in the corresponding period last fiscal year. Despite a decline in net interest income, the bank recorded strong growth in operating profit, supported by a significant reduction in impairment charges and operating expenses.

NMB Bank Reports 27.11% Growth in First-Quarter Net Profit

NMB Bank Limited has reported a 27.11% year-on-year increase in net profit, earning Rs. 1.16 billion in the first quarter of FY 2083/84, compared to Rs. 915.98 million in the corresponding period of the previous fiscal year. The growth was supported by higher operating income, increased net interest income, and a significant decline in impairment charges.

Companies in This News