News

  • BOK announces 10.42% Bonus Shares

    [ 2014-09-15 ]

    The Bank’s Board of Directors meeting held on 14-September-2014 has decided to recommend Cash Dividend amounting to NRs. 10,526,316 (0.548185% of Paid Up Capital of Ashadh end 2071) and Stock Dividend (Bonus Share) amounting to NRs. 200,000,000 (10.415515% of Paid Up Capital of Ashadh end 2071) post approvals of Nepal Rastra Bank and Annual General Meeting of the Bank. In view of the regulation of Nepal Rastra Bank on paid up capital whereby ‘A Class’ commercial banks are required to have paid-up capital (including proposed bonus share of FY 2070/71) of NRs. 2 billion by Ashadh end 2071, the Bank will be able to meet the statutory paid up capital requirement through proposed bonus share of FY 2070/71. After issuance of proposed bonus share of FY 2070/71 (post required approvals and completion of the necessary procedures for bonus share issue), the paid-up capital of the bank will be Rs. 2.12 billion.
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  • BOK and NIMBUS sign an agreement to launch BOK Kissan Credit Card Scheme

    [ 2014-08-25 ]

    Bank of Kathmandu Ltd. (BoK) and NIMBUS signed an agreement to launch BOK Kissan Credit Card Scheme targeting farmers. This exercise is expected to ensure small scale farmers have convenient access to credit facilities and will be able to utilize the same to purchase various agricultural inputs at NIMBUS Krishi Kendra.
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  • BOK supports Sindhupalchowk flood & landslide victims

    [ 2014-08-18 ]

    Bank of Kathmandu Limited provided fund support worth of NPR 533,000(Five Lakh Thirty Three Thousand only) to the flood & landslide victims of Jure, of Sindhupalchowk district.
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  • Samriddha Pahad & Bank of Kathmandu Limited sign an agreement

    [ 2014-08-15 ]

    Samriddha Pahad (SP) and Bank of Kathmandu Limited (BoK) signed an Agreement with reference to Guarantee Funding Scheme – first of its kind in the mountains – aimed at promoting innovative financial services with the objective of exploring rural investment opportunities in the remote hill and mountain districts of Achham, Bajura and Taplejung. Samriddha Pahad has facilitated the fund linkages through various investment models coupled with value added services in the last three years.
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  • Bank of Kathmandu Ltd. and three financial institutions reach an understanding to merge.

    [ 2014-06-12 ]

    Bank of Kathmandu Ltd. and three financial institutions viz. International Leasing and Finance Co. Ltd., Shree Investment and Finance Co. Ltd., and Nepal Express Finance Ltd. have reached an understanding to merge. A memorandum of understanding has been signed by the chairman of all institutions Mr. Satya Narayan Manandhar of Bank of Kathmandu Ltd, Mr. Anjay Bahadur Shah of International Leasing and Finance Co. Ltd., Mr. Rabindra Raj Pandey of Shree Investment and Finance Ltd. and Mr. Santosh Narayan Shrestha of Nepal Express Finance Co. Ltd. Further process of the merger will be initiated after receiving Letter of Intent from Nepal Rastra Bank.
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  • BOK completes 20 years of operation!

    [ 2014-04-21 ]

    Bank of Kathmandu limited after successfully completing its 20 years of journey is now on its 21st year of operation. Bank of Kathmandu was established as the private sector bank with highest public shareholding. The bank over the years has spread its networking in all 14 zones of the country which includes all rural, semi-rural and urban centers. The bank currently has a total of 50 branches, 58 ATM terminals, 9 extension counters and more than 2 lakh 70 thousand customers.
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  • Mr. Ajay Shrestha to continue his term as CEO for another 4 years.

    [ 2014-02-02 ]

    Board Meeting held on 30-January-2014 has decided to renew the existing contract of Chief Executive Officer Mr. Ajay Shrestha for four years from the expiry date of 25 February 2014. During the four years time, bank has increased its deposit by 52.72% and lending has increased by 49.02%. Similarly number of branches has reached to 50 and number of ATMs has reached 58 till now.
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  • BOK's 19th AGM 2013

    [ 2013-10-28 ]

    The 19th Annual General Meeting (AGM) of Bank of Kathmandu Ltd. was held today. The AGM has approved distribution of 14 percent Bonus Share and 0.7368423 percent Cash Dividend to its valued Shareholders.
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  • 'Chetanshil Yuwa Bachat Yojana' adds new Dassain/Tihar Scheme for all its youth csutomers

    [ 2013-10-04 ]

    Bank of Kathmandu Ltd. has launched a new promotional scheme for its youth clients to encourage saving habit during Dashain and Tihar. The scheme available under its Youth oriented saving scheme BoK Chetanshil Yuwa Bachat Yojana now offers a cash incentive of NPR 133.33 at the time of account opening for those opening new accounts. Also, for those who already have opened accounts, same amount is given as and when they make deposits. The scheme is available till Poush 15.
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  • BOK announces Cash Dividend and Bonus Share FY 2012/13

    [ 2013-09-04 ]

    Bank of Kathmandu Ltd. has been able to record a net profit of NRs. 617 million during the FY 2012/13. In view of satisfactory profit earned by the Bank its Board of Directors, during their meeting held on September 04, 2013 has decided to recommend Cash Dividend amounting to NRs. 12,411,347(0.7368423% of Paid Up Capital of Ashadh end 2070) and Stock Dividend (Bonus Share) amounting to NRs. 235,815,600(14% of Paid Up Capital of Ashadh end 2070) post approvals of Nepal Rastra Bank and Annual General Meeting.
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