KATHMANDU, MARCH 13: Twenty commercial banks have made public new interest rates on the deposits for the coming Nepali month of Chaitra (mid-March to mid-April). A majority of them i.e. 17 reduced interest rates for personal term deposits and institutional deposits. This is attributed to increased liquidity in the banking system and decreased credit flow. […]
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KATHMANDU, FEBRUARY 28: NIC Asia Bank has today announced to sell 513 thousand 3 hundred 25 units of shares through a bidding process. The existing bank promoters and other eligible individuals/companies can submit their bid applications for at least 1,000 units of shared by quoting a minimum of Rs 204 per share. The submission period […]
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KATHMANDU, DECEMBER 13: NIC ASIA Capital Limited has unveiled a new digital investment platform for Systematic Investment Plan (SIP) investors of NIC ASIA Dynamic Debt Fund (NADDF). “This one-of-a-kind platform is specifically designed to offer mutual fund investors an effortless online avenue to enrol in the SIP plan, purchase units, make scheduled SIP payments and […]
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KATHMANDU, NOVEMBER 20: NIC Asia Capital Limited has today announced the trading of 100 million units of its new mutual fund-NIC Asia Growth Fund 2. Priced at Rs 10 per unit, the monetary value of the said number of units stands at Rs 1 billion. Of them, 15 percent i.e. 150 million units- are reserved […]
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KATHMANDU, Aug 6: NIC Asia Bank has profited Rs 4 billion 650 million in the fiscal year 2079-80. The Bank’s profit has increased by 10.35 percent compared to the previous fiscal year 2078-79 where the profit of the Bank was Rs 4 billion 210 million.
By the fourth quarter
KATHMANDU, May 18: The NIC Asia Bank has provided three oxygen concentrator machines to the Tokha Municipality to help the municipality cope with oxygen shortage it is facing amidst the increase in Covid-19 cases.
NIC Asia Bank's chief executive officer Roshan Kumar Neupane on Monday handed over the machines to the Municipality mayor Prakash Adhikari.
On the occasion, CEO Neupane said the bank has provided the machines to the Municipality as a part of its corporate social responsibility.
Mayor Adhikari handed over the oxygen concentrator machines to the Tokha Chandeshwori Primary Health Centre on Monday itself, Municipality's
spokesperson bachchu raj Basyal said.
The Tokha Municipality has given priority to the collection of medical supplies and installation of oxygen plants in view of the Covid-19 pandemic.
The Save the Children had provided health supplies worth Rs 650 thousand to the Municipality some days back. This medical suport was provided to the municipality through deputy mayor Gyan Maya Dangol.
The Municipality currently has 5,695 coronavirus infection cases and among them 905 are active cases. Twelve people have succumbed to Covid-19 in the municipality so far.
KATHMANDU, Oct 23: Nepal Rastra Bank (NRB) and NIC Asia Bank Ltd have stepped up efforts to prevent possible losses from a recent cyber attack against NIC Asia using the SWIFT electronic money transfer system .
