3rd Quarter Report and Financial Analysis of Lumbini Bank

Kathmandu, May 11

Lumbini Bank Ltd. has posted net profit of Rs. 145.405 million during the 3rd quarter of fiscal year 2070/71

Lumbini Bank's endorses 8.46 % dividend. paid-up soars to Rs 1.72 arba

Kathmandu, Jan 12

Add caption

The 16th Annual General Meeting of Lumbini Bank Limited held on Friday has endorsed 8 percent bonus shares and 0.46 percent cash dividend to the shareholders from the net profit the commercial bank posted in the last fiscal year 2069/70.

The AGM was held at the Chitwan  at FNCCI in Narayangarh, the bank management also informed that bank's paid-up capital has soared to Rs 1.72 arba.

Lumbini Bank, Manjushree Finance sign merger pact

KATHMANDU, DEC 13 - 2013

The merger bandwagon is rolling at full speed in the banking sector with Lumbini Bank and Manjushree Finance being the latest to announce a tie-up. The two companies signed a memorandum of understanding (MoU) to merge on Wednesday.

Manjushree finance to merge with Lumbini Bank; share trading suspended at NEPSE

Kathmandu, Dec 12. 2013

Manjushree Finance Institution Limited has decided to merge with Lumbini Bank Limited.

Following the decision of these two BFIs to merge, Nepal Stock Exchange Limited has even suspended the trading of Manjushree’s shares from today.