Nepal
Research : Website on
Nepal and Himalayan Studies
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| Banks / monetary policy: | press articles | background | archive |
Press articles (used media abbreviations)
Debtor padlocks NB bank (kp 18/07/2008)
'We will focus on micro-lending', interview with Anil Shah (kp 14/07/2008)
The Traditional Village Moneylender, by Shyam K.C. (rn 10/07/2008)
New monetary policy to focus on inflation (kp 10/07/2008)
'Global Bank offers the best services', interview with Chandra Prasad Dhakal (kp 07/07/2008)
National Microfinance Policy unveiled (kp 04/07/2008)
Financial houses seal deal with NMB (ht 01/07/2008)
Bank of Asia to raise Rs 300m, interview with Parshuram Kunwar Chhetri (kp 30/06/2008)
Liquidity crunch may hit market (ht 26/06/2008)
SCB to play constructive role for New Nepal (kp 23/06/2008)
Short-term interest rates up (ht 23/06/2008)
Sebon alerts issue, sales managers (ht 17/06/2008)
BoAN in Ilam (kp 12/06/2008)
‘Barefoot banks could be a great idea’, interview with KC Chakrabarty, chairman and managing director of Punjab National Bank (PNB), a joint venture partner of Everest Bank Limited (EBL) (kp 09/06/2008), "I am quite hopeful that the new government will work for the welfare and development of the people because it is the people's own government", interview with KC Chakrabarty (nt 13/06/2008)
EBL reports 52pc rise in profits (kp 06/06/2008)
Fulbari Hotel loan rescheduled: To be repaid over 10 years (kp 04/06/2008)
NMB Bank becomes full-fledged (kp 03/06/2008), NMB becomes 25th commercial bank (ht 03/06/2008)
NRB directives to encourage genuine investors (kp 28/05/2008)
NRB directive to check IPO ‘fake (ht 28/05/2008)
NRB loosens grip on NCC bank (kp 27/05/2008)
NBL to hire CEO on individual contract (kp 27/05/2008)
'Bank promoters have not cooperated as desired', interview with Basu Deb Ram Joshi, chief executive officer of Nepal Bangladesh Bank (kp 12/05/2008)
Five institutions to merge, become commercial bank (kp 30/04/2008), Come together (kp 16/05/2008)
53rd NRB anniversary: Role of central bank increasing (ht 27/04/2008)
Bank defaulters won’t be pardoned (ht 26/04/2008)
Bank to the village (kp 23/04/2008)
Banks won't need approval for new branches any more (kp 22/04/2008)
IPO scam alerts market, calls for early regulation (ht 22/04/2008)
Citizens bank opens four branches (kp 19/04/2008)
NRB Report: Deficit Surges (sp 18/04/2008)
'Customer service will make or break a bank' (kp 14/04/2008)
Rs 6.18b budget deficit: NRB report (ht 01/04/2008)
Sunrise Bank aims 10 new branches this year, interview with Kishore Maharjan (kp 31/03/2008)
Economy has enough liquidity: NRB (kp 25/03/2008)
WB refutes media report (nn 20/03/2008)
NRB governor convicted of embezzlement, by Kiran Chapagain (kp 19/03/2008), NRB governor convicted (ht 19/03/2008), Conveying a message (ht 20/03/2008), No need to seek approval for payment: World Bank clarification (kp 21/03/2008), NRB Guv corruption case: Confusion about whether officials have been dismissed (ht 31/03/2008)
SCBNL launches secure assets (kp 18/03/2008)
Settle governor case soon: IMF (kp 14/03/2008)
'Liquidity crunch is almost over', interview with Suman Neupane, chief executive officer of Global Bank (kp 03/03/2008)
Nabil receives intl' rating (kp 26/02/2008)
Financial resources: Is there a shortage?, by Raghab D Pant (kp 14/02/2008)
Banks raise loan rates: Deposit rates go up too, by Krishna Regmi (kp 13/02/2008)
‘KPMG official was never in Nepal for RB deal’ (kp 06/02/2008)
Doha Bank seeks deeper involvement in Nepal (kp 04/02/2008)
Banks strained as staff seek greener pastures, by Krishna Regmi (kp 03/02/2008)
Imprudent loans cost provident fund Rs 210m, by Ghanashyam Ojha (kp 30/01/2008)
Incredibly RBB, by Mukunda Aryal (kp 24/01/2008), RBB earns a cool Rs 5b (kp 25/01/2008)
Days of cheap loans may end soon, by Krishna Regmi (kp 13/01/2008), ‘Days of low interest rates are ending’, interview with Anil Shah (kp)
Investors chase after ADB/N share options (kp 03/01/2008)
Hard truths about ATM hard cash, by Prabhakar Ghimire (kp 30/12/2007), Fix those ATMs (kp 31/12/2007)
Banking, a boon for consumers, by Krishna Regmi (kp 29/12/2007)
Prove KPMG letter authenticity: Court (kp 29/12/2007)
Margin lending restricted (kp 29/12/2007)
RBB's management contract to be extended by 6 months (kp 19/12/2007)
Outside managers to run RBB (kp 06/12/2007)
Bankers, Experts Say Banking Sector Most Transparent (ht 17/11/2007)
NETFOX Ltd. expands its services (nn 13/11/2007)
Nabil opens 9 branches in a day (kp 13/11/2007)
Black-listing of defaulters is constitutional (nn 09/11/2007)
NRB to bar NDB’s deposit collection (kp 08/11/2007)
Bank lending jumps 17pc (kp 03/11/2007)
City Dev Bank starts services (kp 30/10/2007)
Race to collect deposits, by Bipin Hada and Santosh Pandey (kp 25/10/2007)
Gulmi gets first local development bank (kp 19/10/2007)
Netfox launches remittance services from UK (nn 11/10/2007)
Central bank declares NDB troubled bank (kp 11/10/2007), Troubled bank (kp 12/10/2007), NDB's financial health not alarming: Pun (kp 13/10/2007)
Sunrise Bank to open on Oct 12 (kp 10/10/2007)
Kumari Bank targets Nepalese in the UK (nn 04/10/2007)
Prime Bank starts operation (kp 29/09/2007)
Email banking service launched (nn 28/09/2007)
Citizens Bank aims for top spot in excellent service, interview with Rajan Singh Bhandari (kp 17/09/2007)
Nepali bankers join hands with int'l institutions to set up an infrastructure dev bank (nn 16/09/2007), Infrastructure Development Bank to be constituted (kp 17/09/2007), Infrastructure Development Bank: Promising Venture, by Sanjaya Dhakal (sp 21/09/2007)
Bank lending jumps by 31 pc (kp 15/09/2007)
Ace Finance is now Ace Development Bank (nn 14/09/2007)
NB Bank promoters to sell 15 pc shares (kp 13/09/2007)
Squeezed interest rate’s impact, by Ganesh Regmi (kp 06/09/2007)
SC clears way for action against Pun (kp 23/08/2007)
WB, NRB agree on two-option scheme for NBL (kp 22/08/2007)
‘We will be successful in rural areas’, interview with Siddhant Raj Pandey, managing director of Ace Development Bank Ltd. (kp 20/08/2007)
IC, banks and financial policy, by Raghab D Pant (kp 14/08/2007)
Ace Finance upgrades to dev bank (kp 14/08/2007)
RBB profits Rs 1.68b (kp 13/08/2007)
NRB macroeconomic report: Salarymen, wage earners gain (kp 09/08/2007)
‘Banks smokescreening bad loans’ (kp 03/08/2007)
MoF cancels passports of 34 willful defaulters (nn 31/07/2007), Freezes fixed assets: Govt revokes passports of defaulters, by Prem Khanal (kp 31/07/2007)
Secured Transaction Act enhances access to credit (kp 30/07/2007)
FNCCI urges for full implementation Monetary Policy (nn 27/07/2007), Monetary policy not ‘export friendly’: FNCCI (kp 27/07/2007), NRB unveils monetary policy (sp 27/07/2007), WB warns govt over NBL reform (kp 28/07/2007)
ADBL aims to lend Rs 17.4b (kp 26/07/2007)
Inflation target unrealistic: NCC (kp 26/07/2007)
Finance Ministry wants case against NRB governor settled soon (nn 25/07/2007)
New monetary policy focuses on deprived class (kp 24/07/2007)
ICCMT terminates Nepal Bank contract, by Prem Khanal (kp 22/07/2007), Foreign management team ends its NBL contract; NRB starts consultations (nn 23/07/2007)
Nepal Bank’s management contract extended (nn 20/07/2007)
Private sector advise NRB to bring out flexible monetary policy (nn 19/07/2007), NRB urged to take concrete monetary steps (kp 19/07/2007)
Monetary policy and CIAA, by Raghab D Pant (kp 10/07/2007)
Preserving financial stability, by Gunakar Bhatta (kp 03/07/2007)
CIAA files case against NRB governor, executive director (nn 29/06/2007), CIAA files case in Rs 24.54m scam: NRB governor suspended (kp 30/06/2007), Central bank guv suspended for graft (samn 30/06/2007), Nepal's central bank governor suspended after graft investigation launched (iht 30/06/2007), CIAA action against governor adversely affects financial reforms, says FM (nn 30/06/2007), Governor refutes CIAA charges, by Prem Khanal (kp 01/07/2007), Governor Bhattarai refutes CIAA charges (samn 01/07/2007), WB hopes for professional investigation in NRB Governor's case (nn 01/07/2007), NRB officials protest CIAA action against Governor Bhattarai (nn 01/07/2007), WB concerned about CIAA charges (kp 02/07/2007), Court starts hearing NRB governor's case (samn 02/07/2007), Special Court gives 15 days to Bhattarai to appear at hearing; Pradhan freed on bail (nn 02/07/2007), CIAA vs Central Bank, by Narayan Manandhar (kp 04/07/2007), IMF concerned over corruption charge (kp 05/07/2007), Suspended NRB Governor taken into custody (nn 05/07/2007), Bhattarai in police custody (kp 06/07/2007), NRB Governor case: KPMG consultants did come to Nepal, by Krishna Regmi (kp 06/07/2007), Governance and the governor (nt 06/07/2007, originally in Abhiyan, 2-8 July)
‘Lot needs to be done to ameliorate RBB, NBL’ (kp 28/06/2007)
Court bars NRB move against Pun, by Krishna Regmi (kp 26/06/2007)
Deposit collection soars by 10 pc (kp 23/06/2007)
Laxmi Bank ventures into Visa card (samn 22/06/2007)
Parliament asked to investigate loan defaulters (kp 21/06/2007)
Peace has improved working environment, interview with Jhapat Vohra is the Chairman and Managing Director of Malika Development Bank (kp 11/06/2007)
Nepal's forex reserve hits Rs 171 billion (kp 09/06/2007)
ADBL seeks to reduce non-performing loans (kp 08/06/2007)
Crowded city pushes banks to rural areas, by Krishna Regmi (kp 02/06/2007), Financial institutions popular in Pokhra (samn 03/06/2007)
ADB-N's financial cracks another time bomb: Governor (kp 30/05/2007)
IFC partners with BoK on Trade Finance and SME Development (nn 22/05/2007)
Global Bank aims to tap rural market (kp 21/05/2007)
NIC joins IFC's Global Trade Finance Program (nn 09/05/2007)
Mundul is moolah moghul among bank CEOs, by Prem Khanal (kp 05/05/2007)
Citizens Bank Int'l focuses on innovative banking (kp 30/04/2007)
NRB to upgrade AFCL (samn 30/04/2007)
Employees demand reform in NRB (nn 28/04/2007), Employees stress NRB reform (kp 28/04/2007)
Nepal Rastra Bank enters 52nd year (samn 28/04/2007)
New BAFIA in the offing to facilitate M&A, says deputy governor (nn 26/04/2007)
Laxmi Bank’s ninth branch in Pokhara (samn 26/04/2007)
Citizens Bank begins operations (kp 21/04/2007)
BoK to enter rural areas (kp 18/04/2007), BoK's projects 20 pc increase of profit; gives priority to small investors (nn 18/04/2007)
'No new financial institutions this fiscal year' (kp 12/04/2007)
NRB adopts new policy (samn 12/04/2007)
NIC Bank unveils easy loan scheme (samn 12/04/2007)
NCC Bank to raise paid-up capital (kp 08/04/2007)
Laxmi Bank completes five years (samn 02/04/2007)
No new banks (kp 31/03/2007)
Paid-up capital for banks doubled, by Prem Khanal (kp 30/03/2007)
Few Nepalis have access to formal financial institutions, says WB report (nn 19/03/2007), 'Access to financial services declining' (kp 20/03/2007), 'Banks' red tape keeps consumers away' (samn 20/03/2007), Poor Access: The limited and poor access of people to formal financial institutions could hurt country’s efforts to reduce poverty (sp 23/03/2007)
'Check capital flight with monetary measures' (kp 15/03/2007)
Ace Finance to become development bank (kp 14/03/2007)
Sanima to focus on micro-credit, interview with Badri Prasad Ojha, executive chairman of Sanima Development Bank Limited (kp 12/03/2007)
New team takes over NB Bank mgmt (kp 10/03/2007)
‘Reduce financial intermediation cost’ (kp 09/03/2007)
Everest Bank opens twentieth branch (kp 08/03/2007)
Conflict hits ADB activities hard: study (samn 03/03/2007)
Deposits in banks touch Rs 300b mark (kp 02/03/2007)
Laxmi Bank: Remit Service (sp 02/03/2007)
NRB to control NBL for two more years (kp 01/03/2007)
Lumbini Bank performance improves (kp 01/03/2007)
80 wilful defaulters blacklisted (samn 27/02/2007)
Kumari Bank aims to be among top 5 banks, interview with Surender Bhandari, chief executive officer of Kumari Bank (kp 26/02/2007)
Rural Dev Bank on verge of closure (samn 26/02/2007)
No public funds to banks with low capital adequacy (kp 25/02/2007), Capital adequacy (kp 26/02/2007)
Govt appoints two professors to NRB board (kp 23/02/2007)
Midterm review of monetary Policy (kp 22/02/2007)
Government seizes bank defaulters' passports: Report (nn 18/02/2007), Govt seizes bank defaulters’ passports, by Prem Khanal (kp 18/02/2007), Defaulters and financial discipline, by Prem Khanal (kp 19/02/2007), Operation Starts: After months of inaction, the government finally wakes up to take action against willful defaulters (sp 23/02/2007)
Soaring margin lending raises risk for banks, by Krishna Regmi (kp 17/02/2007)
Laxmi Bank announces online remittance service (nn 14/02/2007)
Consumer Finance: New Art of Living (kp 11/02/2007), Banks have become innovative (kp 11/02/2007), Accelerating auto loans (kp 11/02/2007), Risk is low in consumer lending (kp 11/02/2007), Stan Chart: Pioneer in retail lending (kp 11/02/2007), Reforms bring boon for consumers (kp 11/02/2007), Consumer financing makes up 60 pc of our business (kp 11/02/2007), Consumer Banking: Nabil (kp 11/02/2007), A home no more a distant dream (kp 11/02/2007), Consumer lending promises better yield (kp 11/02/2007)
‘We are glad to serve the nation’ (kp 05/02/2007)
DCBL's first half profit jumps 25pc (kp 05/02/2007)
Banks asked to enter rural areas (kp 24/01/2007)
Country needs more development banks, interview with Bhola Nath Chalise, chairman of Rastriya Banijya Bank (kp 22/01/2007), ‘RBB: A bank of opportunity’, interview with Bruce F Henderson, chief executive officer of Rastriya Banijya Bank (kp 22/01/2007), RBB is getting ready for privatisation (samn 24/01/2007)
ADBL to issue shares this year (kp 20/01/2007)
EBL opens 19th branch in Nepalgunj (kp 16/01/2007)
Central bank to withdraw stake from PGBB (samn 16/01/2007)
Bankers urged to be responsible (kp 16/01/2007)
‘Global Bank will offer the best service’ (kp 15/01/2007)
Himalayan Bank increases deposits (samn 13/01/2007)
NB Bank recovers Rs 656m NPL (kp 12/01/2007), NB Bank's recovery on track: NRB (samn 12/01/2007)
NMBFL profit jumps to Rs 36.49 million (samn 06/01/2007)
RBB disposes collateral at loss, by Binod Bhandari (kp 02/01/2007)
PAC asks to formulate action plan for recovering bad loans (nn 01/01/2007), Banks directed to recover bad loans (samn 01/01/2007)
DCBL to upgrade into a commercial bank (kp 31/12/2006)
NRB seeks details of defaulters from banks (kp 29/12/2006)
Nepal bank vows better remittance facility, by Santhosh V Perumal (Gulf Times 26/12/2006)
Loan defaulters (kp 25/12/2006)
PNB ties up with Everest Bank of Nepal (samn 24/12/2006)
Workshop on credit management kicks off (samn 24/12/2006)
Maoists to take steps to recover loans (samn 23/12/2006)
Fresh bidding for NB Bank mgmt (kp 22/12/2006)
Banks’ liquid fund stands at Rs 65b (samn 22/12/2006)
Write-offs behind fall in bad loans (samn 21/12/2006), Government to seize passports of bank defaulters (nn), Bank defaulter passports to be seized
No fixed asset transfers, by Prem Khanal (kp 22/12/2006)
Agricultural Bank to cut 400 jobs (samn 21/12/2006)
United Bank ‘troubled’ (kp 20/12/2006)
“Private banks drive the economy”, interview with Jaspal Singh Jass, Everest Bank’s new Executive Director (nt 15/12/2006)
Small debtors pay up, big ones stall (samn 15/12/2006), Signature campaign against loan defaulters (nn 18/12/2006)
Laxmi Bank opens another branch in Teku (nn 07/12/2006), Laxmi Bank concludes sixth AGM, operating profit jumps by 50 percent (nn 08/12/2006)
‘Banking sector primed to boom’ (samn 07/12/2006)
Everest Bank bags 'Bank of the Year 2006' award (nn 05/12/2006), Everest Bank declared the ‘best bank’ (kp 05/12/2006)
‘Take stern action against defaulters’ (kp 03/12/2006)
Banks to sell insurance products (samn 02/12/2006)
NRB committee to punish errant bank officials (kp 30/11/2006)
Punish defaulters before loan talks: WB (kp 24/11/2006), Long overdue: The fight against defaulters has only just begun, by Sophia Tamot (nt 24/11/2006)
‘NRB's regulatory role eroded’ (kp 17/11/2006)
‘A card for every Nepali’, interview with Rabindra Malla, Managing Director and CEO of Smart Choice Technology (nt 17/11/2006)
NIBL earns Rs 350m (kp 15/11/2006)
Banks remain days away (samn 11/11/2006)
Patan Appellate Court orders NRB to stop action against NBBL (nn 09/11/2006), Central Bank to intervene: Run on NB Bank, by Krishna Regmi (kp 11/11/2006), NBB decides to handover management to NRB (nn 12/11/2006), NB Bank gives in to central bank (kp 12/11/2006), NRB formally takes over management of NBB (nn 13/11/2006), NRB takes over NB Bank ‘Deposits safe’ (kp 13/11/2006), Situation calm at NB Bank (kp 14/11/2006), Keeping money clean: Why the run on Nepal Bangladesh Bank happened, by Bharat Upreti (nt 17/11/2006)
Ace Finance inaugurates its new office (nn 09/11/2006)
ADB assistance to overhaul ADB/N (kp 08/11/2006), Agro bank opts for aggressive reforms (samn 08/11/2006)
HBL to announce next millionaire (kp 07/11/2006)
Govt. committed to take legal action against defaulters: Dr. Mahat (nn 02/11/2006), 'Action underway against big defaulters' (samn 02/11/2006), ‘Take action against defaulters’ (kp 03/11/2006), Banks seek action against big defaulters (samn 03/11/2006)
Postal savings popular (samn 29/10/2006)
“It all comes down to service”, interview with Bhai Kajee Shrestha, CEO, Machhapuchchhre Bank (nt 27/10/2006)
Laxmi Bank's IT rated ‘highly secure’ (kp 27/10/2006)
Bank to auction royal minister's land (kp 27/10/2006)
NRB writes to government to take action against willful defaulters (nn 18/10/2006), Take a strong action against bank defaulters: Gautam (nn 20/10/2006), ‘Take a strong stand against defaulters’ (kp 20/10/2006)
Laxmi Bank to function as life insurance agent (kp 17/10/2006), Bancassurance to expand bank operations (samn 17/10/2006)
Parliamentary FC directs NRB to take action against willful defaulters (nn 16/10/2006), Take action against defaulters: FC to govt (kp 16/10/2006)
Banks staggering to provide new notes (samn 01/10/2006)
Client base of rural banks up by 17 pc (kp 22/09/2006)
Get tougher with defaulters: WB to govt, by Prem Khanal (kp 17/09/2006), Fulfill pledge for concession credit: WB (kp 18/09/2006), Defaulters cold shoulder govt offer, by Milan Mani Sharma (kp 18/09/2006)
Streamlining The Microfinance Industry, by Shiv Ram Koirala (rn 16/09/2006)
Performance of Govt-run RDBs dismal (kp 14/09/2006)
If extortion continues, bank branches may shut down: NBA chief (nn 13/09/2006)
WB chief wants action against bank defaulters (nn 13/09/2006), Address defaulter issue to justify market economy (kp 13/09/2006), A challenge for bankers, a test for SPA (kp 13/09/2006)
Loan blows Make it easy to lose all and start again, by Ashutosh Tiwari (nt 08/09/2006)
Defaulters jeopardizing reforms, by Shankar Sharma (kp 08/09/2006)
Bank deposits show growing trend (kp 07/09/2006)
A litmus test for local banks, by Santosh Pandey (kp 26/08/2006)
Arrest warrants issued against NCSIDB officials (kp 23/08/2006)
56 RBB branches automated (kp 22/08/2006)
DCBL plans to issue bonus shares (kp 19/08/2006)
NRB asked to disclose list of willful loan defaulters; 53 defaulters yet to pay Rs 15.2 b (nn 15/08/2006), 53 business groups default over 350 mln USD with banks in Nepal (pd 16/08/2006), 53 groups default Rs 25b with banks, by Prem Khanal (kp 16/08/2006), Willful defaulters (kp 17/08/2006), Penalizing Defaulters (kp 19/08/2006)
NRB to declare NCSIDB a ‘troubled bank’, by Prem Khanal (kp 11/08/2006), NRB postpones decision on NCSIDB (kp 12/08/2006), NRB declares NCSIDB a 'troubled bank', by Prem Khanal (kp 16/08/2006)
Royalists top list of defaulters, by Shankar Kharel (kp 09/08/2006)
Measures against defaulters ineffective (kp 07/08/2006)
Laxmi Bank receives 'Best Presented Accounts 2004/05' award (nn 02/08/2006)
Central bank's profit stands at Rs 2.01b (kp 29/07/2006)
Foreigners can own 85 pc bank equity (kp 28/07/2006)
Professional banking course on offer (samn 26/07/2006)
Bounced checks may get you blacklisted (kp 24/07/2006)
Monetary policy to mop up excess liquidity (kp 23/07/2006)
Banks' liquidity up by 8.6 pc (kp 18/07/2006)
NabilOnline launched (samn 15/07/2006)
ERDB employees continue protest (kp 11/07/2006)
Govt to act against wilful defaulters (kp 10/07/2006), Warning for defaulters in Nepal (BBC News 17/07/2006), Governor lambasts loan defaulters (kp 18/07/2006)
Commercial banks' profit plummets, by Krishna Regmi (kp 09/07/2006)