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Banks / monetary policy: press articles background archive

Press articles (used media abbreviations)


'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)

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)

Loan recovery: Two per cent too little (samn 07/07/2006)

Foreign currency reserve touches Rs 151b (kp 28/06/2006)

NRB not to accept HMG stamped checks (kp 27/06/2006)

Corporate Governance In Banks, by Uttam Maharjan (rn 17/06/2006)

‘Govt should support loan recovery drive’ (kp 11/06/2006)

Bankers warn to pull down shutters if security situation does not improve (nn 01/06/2006)

Lumbini Bank completes revival plan (kp 30/05/2006)

‘Enhance cooperation among central banks’ (kp 23/05/2006)

HBL unveils new deposit and credit schemes (nn 17/05/2006)

Collaterals of Dhakal, Shrestha being auctioned (kp 01/05/2006)

NRB to come up with new financial policies: Governor Bhattarai (nn 29/04/2006)

Pvt banks facing closure: NBA (kp 19/04/2006)

Banking liquidity down by 1.8 pc (kp 06/04/2006)

91-day T-bills receive a jolt (kp 04/04/2006)

Banks issuing bonds like never before, by Krishna Regmi (kp 01/04/2006)

Banks should lower spread rate: Governor (kp 26/03/2006)