Triveni Bikash Bank to endorse 19% bonus share

Triveni Bikas Bank Limited is holding its tenth Annual General Meeting today. The AGM is scheduled to endorse 19 percent bonus shares to the shareholders from the net profit the development bank earned in the last fiscal year 2069/70.

Alpine Development Bank proposes 15% cash dividend

Alpine Development Bank Limited has proposed 15 percent cash dividend to the shareholders from the net profit the development bank earned in the last fiscal year 2069/70.

The dividend just proposed by the bank is, however, subject to the approval of Nepal Rastra Bank and the Annual General Meeting of the bank expected in near future.

NMB Bank to give 15% cash dividend, AGM on Dec 19

NMB Bank Limited is going to hold its Annual General Meeting on December 19, which, inter alias, will endorse 15 percent cash dividend from the net profit the commercial bank earned in the last fiscal year 2069/70.

The 18th AGM of NMB is also scheduled to elected three directors from the ordinary shareholders.

Cosmos Development Bank IPO public shares from December 8, 2013

Cosmos Development Bank Limited has floated the Initial Public Offer (IPO) of 1.75 lakh unit equity shares of face value Rs 100 from December 8.

The development bank has appointed Civil Capital Market Limited as its issue managers.

Civil Bank endorses 5.75% cash dividend for fiscal year 2069/70

Civil Bank Limited has decided to distribute 5.75 percent cash dividend to the shareholders from the net profit it posted in the last fiscal year 2069/70.

The Annual General Meeting of the commercial bank yesterday took the decision to this effect.

Bishwa Bikas Bank's AGM to approve 18% bonus share & 0.95% cash dividend today

Bishwa Bikas Bank Limited is all set to distribute 18.95 percent dividend – 18 percent bonus share and 0.95 percent cash – to the shareholders from the net profit it registered in the last fiscal year.

The sixth AGM of the development bank being held at Pokhara today will endorse the dividend proposed its board of directors.

United Finance AGM today to endorse 12.5% dividend

United Finance Limited is holding its 19th Annual General Meeting today, which is due to endorse 12.5 percent bonus shares to the shareholders from the net profit it posted in the last fiscal year 2069/70.

United Finance Limited had posted net profit of Rs 5.51 crore in the last the fiscal year. It has also reported a net profit of Rs.15.3 lakh in the first quarter of the current fiscal year.

Gold dips to Rs 54,000

Local bullion prices cooled down in a reflection of international trends with gold dropping Rs 1,600 per tola. The Federation of Nepal Gold and Silver Dealers’ Association (Fenegosida) on Thursday set the price of the yellow metal at Rs 54,000 per tola (11.664 gm). On Wednesday, gold traded at Rs 55,600 per tola.

Similarly, silver became cheaper by Rs 40 per tola. Silver traded at Rs 865 per tola on Thursday, down from Rs 905 on Wednesday.

Butwal Power Company likely to offer 25% dividend

Butwal Power Company Limited is reportedly planning at least 25 percent dividend to the shareholders from the net profit it earned in the last fiscal year 2069/70.

“The company will not decrease the amount of dividend it had distributed last year”, according to sources privy of the development.

Matribhumi Bikas Bank IPO public share issue from November 21, 2013

Matribhumi Bikas Bank Limited is going to float the Initial Public Offer (IPO) of 1.54 lakh unit equity shares of face value Rs 100 from November 21.

The development bank has appointed Citizen Investment Trust and Civil Capital Market as its issue managers.

Nilgiri Bikash Bank issuing 4.25 lakh rights shares at 1:0.73 ratio

Nilgiri Bikas Bank Limited is issuing 4.25 lakh units of rights shares at 1:0.73 ratio to the shareholders from December 3.

The development based in Myagdi has stated that the rights share issue will close on December 7.

Change The Way We Think Of Stocks - Experts

What does it mean to value a stock as a business? How does it differ from the way most investors think about investing in stocks? These are the fundamental questions one should ask while planning to invest in stock market. To answer these questions, let’s start by considering what a stock actually is. In simple terms, a stock of a company represents a share of ownership of an actual business.

Sanima Mai Hydropower & Kalika Micro credit IPO allotment slips and cash refund from Nov 10.

Sanima Mai Hydropower Company Limited  and Kalika Micro Credit Development Bank Limited are distributing the allotment slip of their IPOs to the allottees and cash refund to those do did not get the scrip from Nov 10.

Global IME and Commerz and Trust likely to finalize merger this week

After months of closed-door negotiations with various BFIs, Commerz and Trust Bank Nepal Limited has more or less decided to merge with Global IME Bank.

Nepal SBI Bank reports net profit rise of 37.38%

Nepal SBI Bank Limited has reported a net profit rise of 37.38 percent in the first quarter of the current fiscal year 2070/71.

Publicizing its unaudited report for the first quarter today, the commercial bank has stated that its net profit has surged to Rs 22.27 crore in the first quarter, up from Rs 16.21 crore in the corresponding quarter of the last fiscal year.

Bank of Kathmandu Ltd BoK’s net profit drops by 20 %

Bank of Kathmandu Limited has reported a drop in its net profit rise of 20 percent in the first quarter of the current fiscal year 2070/71.

Publicizing its unaudited report for the first quarter today, the BoK has stated that its net profit has dropped to Rs 12.22 crore in the first quarter, down from Rs 15.28 crore in the corresponding quarter of the last fiscal year.

Mega Bank’s profit grows by 291 percent in Q1

Mega Bank Nepal Limited has posted an astounding 291 percent growth in net profit in the first quarter of the current fiscal year 2070/71.

According to the unaudited quarterly report the bank has published today, its net profit surged to Rs 10.18 crore from Rs 2.60 crore in the corresponding quarter of the last fiscal year.

Global IME posts massive profit of 224% of the current fiscal year 2070/71

Global IME Bank has reported a massive profit rise of 224 percent in the first quarter of the current fiscal year 2070/71.

Publicizing its unaudited report for the first quarter today, the commercial bank has stated that its net profit has surged to Rs 27.14 crore in the first quarter, up from Rs 8.38 crore in the corresponding quarter of the last fiscal year.

Siddhartha Insurance issuing rights shares at 10:9 ratio

Siddhartha Insurance Limited is issuing 11 lakh units of rights shares at 10:9 ratio from December 1.

The rights share issue will close on January 5 next year, according to the insurance company.

Rural Microfinance Development Centre RMDC proposes 15% cash dividend

Rural Microfinance Development Centre Limited has proposed 15 percent cash dividend to its shareholders from the net profit it earned in the last fiscal year.

Guras Life Insurance issuing rights shares @ 10:3.04 ratio

Guras Life Insurance Company Limited is issuing 11.66 lakh unit rights shares at 10:3.04 ratio.

The closing date of rights issue is on December 5, and the issue manager is NMB Capital Limited, Babar Mahal.

Sanima Mai hydropower IPO allotment results - View Online

The allotment of IPO equity shares of Sanima Mai Hydropower Limited has taken place today.

As less than 40 percent of the applicants were from the small group, the allotment was made at 3.65 percent for small investors, and 2.97 percent for the big investors.

Kalika Micro Credit IPO results; shares allotted flatly at 1.647 percent

The allotment of IPO equity shares of Kalika Micro Credit Development Bank Limited has taken place today.

As 56.02 percent of the applicants were from the small group, the allotment was made flatly at 1.647 percent, and the applications for up to 550 units were put to lottery.