CEDB Hydro Fund Ltd to float 1:0.45 right shares from Ashoj 10

CEDB Hydro Fund Limited, a sister concern of Clean Energy Development Bank, has decided to float 1:0.45 right shares to the shareholders from Ashoj 10.

Clean Energy Development Bank to endorse 5% Bonus share & 5.523% cash dividend

Clean Energy Development Bank is holding its Annual General Meeting today.

The seventh AGM of the development bank, among other things, will endorse 10.523 percent dividend – 5 percent bonus share and 5.523 percent cash—to the shareholders from the net profit it posted in the last fiscal year 2069/70.

Clean Energy Development Bank to distribute 5% bonus share & 5.523% cash; AGM on January 8

Clean Energy Development Bank is holding its Annual General Meeting on January 8.

The seventh AGM of the development bank, among other things, will endorse 10.523 percent dividend – 5 percent bonus share and 5.523 percent cash—to the shareholders from the net profit it posted in the last fiscal year 2069/70.

NIC ASIA offers share loan scheme at 10.5% interest; up to 70% financing

NIC ASIA Bank has come up with an attractive share loan scheme targeting investors in the stock market at just 10.5 percent interest rate.

“We provide loan against shares of listed companies up to 70 percent against shares on the basis of 180 days of weighted average price or the prevailing price, whichever is lower,” Bhumika Thapa of NIC ASIA . “It only takes three to five days to process the loan.”

Clean Energy Development Bank Ltd (CEDB) won National Best Presented Annual Report Award 2012

Clean Energy Development Bank Ltd (CEDB) has won National Best Presented Annual Report Award 2012 in Other Financial Sector Subject To Prudential Supervision category conferred by The Institute of Chartered Accountants of Nepal (ICAN).

Clean Energy and Bhrikutee post profit rise 17.6 & 7.03 crore respectively

Clean Energy Bank Limited has reported a profit of Rs 17.6 crore at the end of the 4th quarter of the FY 2069/70. The figure is 51.40 percent jump from Rs 11.68 crore recorded for the same period last year.
The bank has posted a 30.87 percent rise in deposits, from Rs 5.47 arba last year to Rs 7.16 arba this year. The bank’s EPS stood at Rs 16.20 and its net worth at Rs 122.60.