Nepal's Macroeconomic Situation 2023

Nepal’s Macroeconomic Situation 2023-24: Key Insights and Trends from Ten-Month Data

10 June 2024, Kathmandu Current Macroeconomic and Financial Situation of Nepal: Analysis Based on Ten-Month Data of 2023/24 (#Highlights) Nepal's Macroeconomic Situation 2023–24 Inflation Trends Nepal has witnessed a moderation in consumer price inflation, which...
Prabhu Bank Partners Sauraha

Prabhu Bank Partners Sauraha Hotels for Exclusive Discounts During Bharatpur Bhamran Year 2024

10 June 2024, Kathmandu Prabhu Bank has announced an exciting partnership with over 16 hotels and restaurants in Sauraha, Ratnanagar, Chitwan, offering special discounts for its customers and employees. This collaboration, targeting the...
Laxmi Sunrise World Environment

Laxmi Sunrise World Environment Day 2024: Launch of ‘Project 5K’ for Environmental Sustainability

10 June 2024, Kathmandu Laxmi Sunrise marked World Environment Day 2024 with a commitment to environmental sustainability through the launch of ‘Project 5K.’. This ambitious initiative aimed to plant 5,000 trees nationwide,...
Global IME Digital Universe

Global IME Bank Digital Universe to Enhance Digital Banking Services in Nepal

10 June 2024, Kathmandu Global IME Bank Limited has launched an innovative lounge named "Digital Universe" aimed at providing a variety of automated digital banking services. The new facility, inaugurated during a special...
Standard Chartered Users

Standard Chartered Bank Users Can Now Load Funds into Khalti Wallet

9th June 2024, Kathmandu Nepal’s leading online payment service provider (#PSP), Khalti, has collaborated with Standard Chartered Bank Nepal Limited to drive digital transformation, heralding a new era of convenience for the...
Vishrut Thapa Chairman

Vishrut Thapa Appointed Chairman of Nepal Clearing House Ltd

8th June 2024, Kathmandu Vishrut Thapa, Executive Director of Banking Department, Nepal Rastra Bank, has been appointed as the Chairman of Nepal Clearing House Ltd. (NCHL), corresponding to the oath taken by...
Nabil Bank Platinum Infosys

Nabil Bank Wins Platinum Infosys Finacle Innovation Award 2024 for Process Innovation

8th June 2024, Kathmandu "Nabil Bank is honored to receive the Platinum Award for Process Innovation (Transformation Onboarding, Loan Processing, and Trade Finance) at the Infosys Finacle Innovation Awards 2024!" Nabil Bank Limited...
NMB Bank Green Bank 2024

NMB Bank Green Bank Of The Year 2024 For Eco-Friendly Banking Practices

7th June 2024, Kathmandu  NMB Bank has been honored with the prestigious “Green Bank of the Year 2024” Award. This esteemed accolade was presented to the bank on the occasion of World Environment...
Rastra Bank Freezes Paywell Wallet

Rastra Bank Freezes Paywell and Sajilo Pay Over 60kg Gold Smuggling Payments

7th June 2024, Kathmandu In a significant crackdown, the Central Bank of Nepal has frozen the accounts of two prominent mobile wallet companies, Paywell Nepal Pvt. Ltd. and SajiloPay Payment Services Pvt....
FAN and MDEA

FAN and MDEA Sign Bilateral Agreement to Foster Fintech Innovation

5th June 2024, Kathmandu The financial technology (#fintech) landscapes of Nepal and Myanmar are set for a significant boost following the signing of a Memorandum of Understanding (MoU) between the Fintech Alliance...
Prabhu Bank Special Discount

Prabhu Bank Signs Special Discount Deal with Harness Zipline and Gateway Himalaya Resort

5th June 2024, Kathmandu A significant discount deal has been signed between Harness Zipline Pvt. Ltd., Gateway Himalaya Resort Pvt. Ltd., and Prabhu Bank Limited, offering special discounts to the bank's customers...
Digital Payments Landscape Transformed Nepal

Nepal’s Digital Payments Landscape Transformed: NCHL and NePS Merge to Form Unified Force

4th June 2024, Kathmandu Nepal Clearing House Ltd. (#NCHL) has started its joint operation from 3rd June, 2024 after acquiring Nepal Electronic Payment Systems Ltd. (#NePS) amid an announcement in a formal...
Prabhu Bank and SwissContact

Prabhu Bank and SwissContact Partner to Empower Koshi Farmers Through ‘Growing Together’ Initiative

4th June 2024, Kathmandu Prabhu Bank Limited (#PBL) and Swisscontact/Nepal Agricultural Market Development Program (#NAMDP) Phase joined forces to launch a new project titled 'Growing Together: A Sustainable Agriculture Initiative for Koshi...
Nepal SBI Bank Sign E-Sewa wallet

Nepal SBI Bank Sign E-Sewa to Enhance Digital Payment Services

4th June 2024, Kathmandu Nepal SBI Bank has entered into a strategic agreement with E-Sewa to enhance the operation of the eSewa network, digital wallet services, merchant payments, and money transfer services. Nepal...
Citizens Bank Distributes Essential

Citizens Bank Distributes Essential Relief Items to Fire Victims in Rajbiraj

4th June 2024, Kathmandu In a significant act of corporate social responsibility, Citizens Bank International Limited has extended its support to 46 fire-affected families in Chimti Tol of Mahadeva Rural Municipality, Rajbiraj. Citizens...
Prabhu Bank and USAID

Prabhu Bank and USAID Trade Forge Agreement to Boost Agro and Tourism Industries in...

3rd June 2024, Kathmandu Prabhu Bank Limited has entered into a strategic agreement with USAID Trade and Competitiveness to launch a project titled "Empowering Agro & Tourism Industry for Sustainable Growth for...
IME Life Insurance Bluebird

IME Life Insurance Partners Bluebird Clinic for Exclusive Customer and Agent Discounts

3rd June 2023, Kathmandu In a strategic move to enhance customer and agent benefits, IME Life Insurance has partnered with Bluebird International Clinic, located in Bluebird Mall, Thapathali. This collaboration ensures that IME...
Prabhu Bank Partners Himal

Prabhu Bank Partners Himal Hospital to Offer Special Discounts for Customers

3rd June 2024, Kathmandu In a significant move to enhance customer benefits, an agreement has been signed between Himal Hospital, located in Dnyaneshwar, Kathmandu, and Prabhu Bank Limited. This partnership will provide special...
Global IME Bank Honored

Global IME Bank Honored with Infosys Finacle Award 2024 for Innovative Projects

3rd June 2024, Kathmandu Global IME Bank is truly honored to receive the Infosys Finacle Award 2024 (#Platinum) for their innovative projects. This prestigious recognition celebrates the bank's outstanding achievements in process...
NIC ASIA Bank Receives

NIC ASIA Bank Receives Infosys Finacle Innovation Award 2024

2nd June 2024, Kathmandu NIC ASIA Bank has been honored with the prestigious Platinum Award at the Infosys Finacle Innovation Awards 2024, recognizing the bank's excellence in product innovation. NIC ASIA Bank Receives...
Laxmi Sunrise Expands Services

Laxmi Sunrise Expands Services in Nepalgunj with New Branch Relocation

2nd June 2024, Kathmandu Laxmi Sunrise has relocated its branch to expand its services in the Sub-Metropolitan City of Nepalgunj. The Bank has relocated one of its two branches in close proximity. The...
Prabhu Bank Customers

Prabhu Bank Customers Get Exclusive Discounts at New Hotel Peace Palace and Hotel The...

2nd June 2024, Kathmandu Prabhu Bank has announced a special agreement with New Hotel Peace Palace and Hotel The Rajan in Baglung, offering exclusive discounts on various services to its employees and...
Prabhu Bank Wins Infosys

Prabhu Bank Wins Infosys Finacle Innovation Awards 2024 for Ecosystem-led Innovation and Maximizing Digital...

2nd June 2024, Kathmandu Prabhu Bank Limited has been honored with the prestigious Gold award in Ecosystem-led Innovation at the Infosys Finacle Innovation Awards 2024. This esteemed recognition, for Maximizing Digital Engagement, underscores...
Kumari Bank Wins Infosys Finacle

Kumari Bank Wins Infosys Finacle Innovation Award for Core Banking Transformation

2nd June 2024, Kathmandu Kumari Bank Limited Wins Prestigious Infosys Finacle Innovation Award 2024 Kumari Bank Limited has been honored with the esteemed "Infosys Finacle Innovation Award 2024." The award recognizes the bank's...
FinTech Alliance Insightful

FinTech Alliance Hosts Insightful Session on IFC’s Role in Fintech Ecosystem in Nepal

1st June 2024, Kathmandu FinTech Alliance Nepal recently hosted an enlightening session on the role of the International Finance Corporation (#IFC) in the fintech ecosystem as part of their talk series. Presented by...
Citizens Bank Partners Anmol Dental Hub

Citizens Bank Partners with Anmol Dental Hub to Offer Exclusive Discounts to Customers

30th May 2024, Kathmandu Citizens Bank International Limited has entered into a memorandum of understanding (MoU) with Anmol Dental Hub, aimed at providing special discounts to Citizens Bank customers. This partnership marks...
Mahalaxmi Bikas Bank Corporate

Mahalaxmi Bikas Bank Corporate Cricket Tournament 2024: Exciting Matches in Kathmandu

27th May 2024, Kathmandu Mahalaxmi Bikas Bank is thrilled to announce the organization of the Mahalaxmi Corporate Cricket League 2024, Season 3, from June 4 to June 6, 2024. The tournament will take...
Laxmi Sunrise Services Kapan

Laxmi Sunrise Expands Services with New Branch Location in Kapan, Budhanilkantha

26th May 2024, Kathmandu Laxmi Sunrise expands its services in Kapan Laxmi Sunrise has relocated its branch to expand its services in Kapan of Budhanilkantha Municipality. The Bank has relocated one of its two...
NIS Insurance Surveyors

NIS Directs Insurance Surveyors to Update KYC Information

25th May 2024, Kathmandu The Nepal Insurance Authority has issued a directive to all insurance surveyors actively seeking a personal insurance surveyor license to update their Know Your Customer (#KYC) information. NIS Directs...
Devendra Raman Khanal

Devendra Raman Khanal Appointed CEO of Rastriya Banijya Bank: Leadership Transition and Strategic Vision

25th May 2024, Kathmandu Devendra Raman Khanal officially assumed his role as the Chief Executive Officer (CEO) of National Commercial Bank Limited. The oath of office and secrecy was administered by Dilip Kumar...