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Business and Corporate

NIC Asia Capital receives license from Sebon

NIC Asia Capital Ltd, a subsidiary of NIC Asia Bank Ltd, has received license from Security Exchange Board of Nepal (Sebon) to operate as a merchant bank. According to a statement, NIC Asia Capital Ltd can now provide issue management, registrar to shares, underwriting and portfolio management services. “NIC Asia …

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Nepal-Israel Chamber of Commerce set up

By Our Reporter Nepal-Israel Chamber of Commerce has been established to promote the economic activities as trade and investment between Nepal and Israel. Inaugurating the programme organized to announce the establishment of the Chamber, Foreign Minister DrPrakashSharanMahat said the assistance Israel provided to Nepal during the rescue and rehabilitation and …

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Free Facebook browsing for Ncell users

Ncell has launched ‘Facebook Free’ scheme in collaboration with Facebook, allowing its subscribers to use Facebook free of cost under the ‘Internet for All’ theme. Organizing a function in Kathmandu, Ncell said that the offer allows its customers to use Facebook for free. The offer came into effect from Wednesday …

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SCBNL obtains ASBA membership from Sebon

Standard Chartered Bank Nepal Ltd (SCBNL) has obtained Application Supported by Blocked Account (ASBA) membership from Securities Board of Nepal (Sebon). With this membership, account holders of SCBNL can now participate in initial public offering, further public offering and rights share issues from their account held with the bank, as …

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HBL’s new branch office in Itahari

Himalayan Bank Ltd (HBL) has inaugurated its new branch office in Itahari of Sunsari. Issuing a statement, the bank said that Manoj Kumar Shrestha, president of bank’s board of directors, inaugurated the new branch office on Monday. Speaking at the inauguration ceremony, Shrestha said that the bank has been opening …

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Sanima bank now in Kalikot

Sanima Bank Limited has opened its 44th branch at Manma, Kalikot in association with ‘Sakchyam -Access to finance’ a project promoted by UK aid. The branch was inaugurated by the Brand Ambassador Hari Bansha Acharya amidst a ceremony. According to a statement, Sanima Bank’s Director Bharat Kumar Pokhrel and CEO …

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50% off on Chandragiri Cable Car this Falgun

Chandragiri Cable Car promoted by Chandragiri Hills Ltd. is offering a special discount of 50% for the entire month of Falgun for first 200 visitors for the cable car ride. This discount offer is valid for Monday, Tuesday, Wednesday and Thursday. During the discount offer, the ticket worth of Rs. …

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Sunrise Bank acquires NIDC Capital Markets

Sunrise Bank Ltd has acquired NIDC Capital Markets Ltd. The joint operation of the two institutions, following acquisition by the commercial bank, started on Friday. Nepal Rastra Bank (NRB) Governor Chiranjibi Nepal inaugurated the joint operation of the two institutions amid a ceremony. Speaking at the function, NRB Governor Nepal …

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Ncell Launches Ncell App Market

Ncell has launched Ncell App Market, a first of its kind “all you can eat” app-store model under the cooperation with Opera. It allows Ncell users to download as many premium apps and games as they want for a small weekly subscription fee of Rs 15 (including tax) per week, …

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NMB Bank to finance Solu Khola Hydropower Project

NMB Bank Ltd says it has successfully executed the financial closure of Upper Solu Khola Hydropower Project which has an installed capacity of 18 MW. The project, being developed by Beni Hydropower Project P Ltd, is located in Beni and Tamakhani VDCs of Solukhumbu district. According to NMB Bank, it …

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