Nepal Rastra Bank urged to allow to keep interest earning accounts
Nepal Rastra Bank one of the oldest building in Nepal
JAN 05, 2012, KATHMANDU – Commercial banks and Finance companies in Nepal have urged Nepal Rastra Bank (NRB) to allow all of them to maintain interest earning accounts in other banks and financial institutions (BFIs). The finance companies [...]
U.S. Federal Reserve Takes No Action, Citing Signs of Moderate Growth
DEC. 15, 2011 WASHINGTON —The Central Bank Of America, The Federal Reserve said Tuesday that it was closing the books on 2011, maintaining its existing efforts to increase growth but adding no reinforcement amid evidence that the American economy was chugging back toward health.
The central [...]
Former NDB chairman Amar Gurung Arrested
NOV 19, 2011, KATHMANDU – A frudulent Chairman, who was scape for a while from Lawsuit against him for swindling more than 350 Million Rupees from the institution that he was chaired has been arrested by Nepal Police on Friday.
Amar Gurung, former chairman of Nepal Development Bank (NDB), [...]
Asian Market eyed as second home by Julius Baer
Zurich Switzerland, September 13, 2010-Julius Baer, the Swiss private bank, is considering setting up a dual head office in Singapore as part of a drive to make fast-growing Asia its “second home”.
The Zurich-based bank, which had assets under management of SFr166bn ($163bn) at the end [...]
