Machhapuchchhre Bank operates six new branches

Machhapuchchhre Bank limited operates six new branches, three extension counters and two branch less banking service on a single day. New Branch Locations : Damak Lahan Bardibas Surkhet Mahendranagar Kohalpur Extension Counter Locations: Kalyanpur Rural municipality of Siraha Bhimad municipality of Tanahu Punarbas municipality of Kanchanpur Branch Less Read More …

NIBL and Ace Bank Joint Transaction from today with highest paid-up capital among private commercial banks

Nepal Investment Bank Ltd (NIB) has completed acquisition of Ace Development Bank (ACEDBL) and started the joint transactions in a name of Nepal Investment Bank Ltd. Following the completion of acquisition process, both the bank started a joint transaction formally from Thursday (July 13, 2017). Read More …

World Economic Forum forecast : Nepal’s economic growth third highest for the year 2017, First among south Asian countries

Nepal’s GDP growth slowed to 0.8% in 2016 after large earthquakes, a weak monsoon, and trade disruptions. In the year 2015 it was just 2.3% What might have played a role in increasing the GDP ? It is projected that Nepal’s economic growth will be Read More …