Showing posts with label Himalayan Bank. Show all posts
Showing posts with label Himalayan Bank. Show all posts
Saturday, November 15, 2014
Wednesday, May 14, 2014
3rd Quarter Report and Financial Analysis of Himalayan Bank
Kathmandu, May 13
Himalayan Bank Ltd. has posted net profit of Rs. 792.852 million during the 3rd quarter of fiscal year 2070/71.
Himalayan Bank Ltd. has posted net profit of Rs. 792.852 million during the 3rd quarter of fiscal year 2070/71.
Sunday, February 23, 2014
HBL to increase paid-up capital
KATHMANDU, FEB 23 -
Himalayan Bank Limited (HBL) has decided to increase its paid-up capital to Rs 4 billion within the next two years amid rising competition. Its paid-up capital currently stands at Rs 2.76 billion.
“Our board meeting last week decided to increase the paid-up capital to Rs 4 billion by mid-July 2015,” said HBL CEO Ashoke Rana. “The board has also directed the management to find out a proper method for increasing the capital.”
According to Rana, the bank will carry out homework on three possible methods of raising the capital—merger, rights shares issuance, and both rights shares issuance and sales of fixed
Wednesday, February 12, 2014
2nd Quarter Report and Financial Analysis of Himalayan Bank
Kathmandu, Feb 12
Himalayan Bank Limited has posted net profit of Rs.544.48 million and published its 2nd quarter company analysis of the fiscal year 2070/71.
Himalayan Bank Limited has posted net profit of Rs.544.48 million and published its 2nd quarter company analysis of the fiscal year 2070/71.
Thursday, January 2, 2014
Himalayan Bank finally announces 15% dividend; some respite to shareholders
Kathmandu, Jan 2
Himalayan Bank Limited has proposed 15 percent dividend, including 5 percent bonus shares, to its shareholders from the net profit it earned in the last fiscal year.
A BoD meeting of the commercial bank has just proposed the dividend, which, however, is subject to the approval of Nepal Rastra Bank and the AGM of the bank.
Nevertheless, this has come as a relief to the shareholders.
Though one of the leading commercial banks had posted a net profit of Rs.102.44 crore in the last fiscal year of 2069/70, the returns became doubtful in the wake of the Melamchi drinking water project debacle.
It may be noted here that the Bank of Kathmandu and the shareholders
A BoD meeting of the commercial bank has just proposed the dividend, which, however, is subject to the approval of Nepal Rastra Bank and the AGM of the bank.
Nevertheless, this has come as a relief to the shareholders.
Though one of the leading commercial banks had posted a net profit of Rs.102.44 crore in the last fiscal year of 2069/70, the returns became doubtful in the wake of the Melamchi drinking water project debacle.
It may be noted here that the Bank of Kathmandu and the shareholders
Sunday, September 16, 2012
Himalayan Bank, UnionPay China sign pact
KATHMANDU, Sept 15, 2012
Himalayan Bank and UnionPay, a Chinese bankcard association, entered into a partnership in Kathmandu on Friday, which allows UnionPay card holders to use automated teller or swipe machines of Himalayan Bank to settle payments or withdraw cash.
Himalayan Bank currently has 900 swipe machines and 72 ATMs. Besides, 950 additional swipe machines of the bank´s partner, Alpine Cards, and 1,100 ATMs of its partner network, SCT, will also accept UnionPay cards.
“Being chosen as a partner of UnionPay in Nepal is a great honor for the bank,” Ashoke SJB Rana, CEO of Himalayan Bank, said at the agreement signing ceremony on Friday. “We now can benefit from this partnership as the card has Asian focus and ownership.”
UnionPay currently has around three billion members in China, Japan, South Korea, Taiwan and other Asian countries. The latest agreement means these card holders can easily use those here in Nepal.
“I believe acceptance of UnionPay cards in Nepal will increase foreign tourist spending and encouage more tourists from abroad to visit Nepal,” Larry Wang, one of the vice presidents of UnionPay, said.
Source: Republica
Himalayan Bank and UnionPay, a Chinese bankcard association, entered into a partnership in Kathmandu on Friday, which allows UnionPay card holders to use automated teller or swipe machines of Himalayan Bank to settle payments or withdraw cash.
Himalayan Bank currently has 900 swipe machines and 72 ATMs. Besides, 950 additional swipe machines of the bank´s partner, Alpine Cards, and 1,100 ATMs of its partner network, SCT, will also accept UnionPay cards.
“Being chosen as a partner of UnionPay in Nepal is a great honor for the bank,” Ashoke SJB Rana, CEO of Himalayan Bank, said at the agreement signing ceremony on Friday. “We now can benefit from this partnership as the card has Asian focus and ownership.”
UnionPay currently has around three billion members in China, Japan, South Korea, Taiwan and other Asian countries. The latest agreement means these card holders can easily use those here in Nepal.
“I believe acceptance of UnionPay cards in Nepal will increase foreign tourist spending and encouage more tourists from abroad to visit Nepal,” Larry Wang, one of the vice presidents of UnionPay, said.
Source: Republica
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