Nepal Credit & Commerce Bank Ltd. (NCC Bank) formally registered as Nepal - Bank of Ceylon Ltd. (NBOC), commenced its operation on 14th October, 1996 as a Joint Venture with Bank of Ceylon, Sri Lanka. It was the first private sector Bank with the largest authorized capital of NRS. 1,000 million. The Head Office of the Bank is located at Siddhartha Nagar, Rupandehi, the birthplace of LORD BUDDHA, while its Corporate Office is placed at Bagbazar, Kathmandu. The name of the Bank was changed to Nepal Credit & Commerce Bank Ltd., (NCC Bank) on 10th September, 2002, due to transfer of shares and management of the Bank from Bank of Ceylon, an undertaking of Government of Sri Lanka to Nepalese Promoters. At present, NCC Bank provides banking facilities and services to rural and urban areas of the country through its 24 branches. The Bank has developed corresponding agency relationship with more than 150 International Banks having worldwide network.
CAPITAL STRUCTURE
Authorized Capital - Rs. 2 Billion
Issued Capital - Rs. 2 Billion
Paid up Capital - Rs. 1.47 Billion
TECHNOLOGY
The Bank is using Pumori Plus, the most commonly used software by Nepalese Banks. The Bank offers Any Branch Banking Service (ABBS) in all 24 branches. Telex and SWIFT are other modes of communication for efficient and effective transmission of information. In order to facilitate the customers with state of art technology, Bank is providing Visa Debit Card facilities. NCC VISA Debit Card can be used in any of the ATMs and POS machines displaying VISA LOGO for cash withdrawal, balance enquiry or purchase of goods & Services from various merchants like departmental stores, hospitals, retail shops etc throughout Nepal and India only. In addition, NCC VISA Debit Card enables wider access to VISA Card acceptable more than 4,00,000 ATMs and 2.5 Million Point of Sales(POS) terminals in Nepal and India. With NCC VISA Debit Card on can access one's account 24-hours a day, 7 days a week and enjoy greater convenience to facilitate one's banking and financial needs.
GLOBAL CONNECTION
NCC Bank has strategic alliance with ICICI Bank, which facilitates our customers to remit their money to more than 670 locations of India through ICICI Bank branches and their correspondent Banks in India. Our customers can affect their money transfer to India either through Speed Transfer Arrangement or through Demand Draft Arrangement. Under Speed Transfer Arrangement, money can be credited on-line to the beneficiary's account at more than 400 branches of ICICI Bank, India. Under Demand Draft Arrangement, the Bank can issue draft payable at more than 670 locations in India. We are globally connected through various prominent Banks in Asia, Europe and North America like Mashreq Bank, Standard Chartered Bank, Bank of Ceylon etc. Our services across the globe include remittance, draft arrangement, import and export business, guarantee etc.
Tuesday, August 18, 2015
Laxmi Bank Limited
Laxmi Bank was incorporated in April 2002 as the 16th commercial bank in Nepal.
In 2004 Laxmi Bank merged with HISEF Finance Limited, a first generation financial company which was the first merger in the Nepali corporate history.
Laxmi Bank is a Category ‘A’ Financial Institution and re-registered in 2006 under the “Banks and Financial Institutions Act” of Nepal. The Bank’s shares are listed and actively traded in the Nepal Stock Exchange (NEPSE).
We are a technologically driven progressive Bank with strong risk and corporate governance foundations. We are known for our innovation and claim to many “firsts” in the Nepalese financial market. We have the best asset quality among all financial institutions in the country and our technology has been rated “Highly Secure” by an independent internationally accredited information system auditors.
Laxmi Bank’s award winning Annual Reports has set the standards for quality, presentation and disclosure for the Nepalese corporate sector to follow since 2005.
Laxmi Bank promotes a separate life insurance company – Prime Life Insurance Limited which came into operation in 2009.
In 2004 Laxmi Bank merged with HISEF Finance Limited, a first generation financial company which was the first merger in the Nepali corporate history.
Laxmi Bank is a Category ‘A’ Financial Institution and re-registered in 2006 under the “Banks and Financial Institutions Act” of Nepal. The Bank’s shares are listed and actively traded in the Nepal Stock Exchange (NEPSE).
We are a technologically driven progressive Bank with strong risk and corporate governance foundations. We are known for our innovation and claim to many “firsts” in the Nepalese financial market. We have the best asset quality among all financial institutions in the country and our technology has been rated “Highly Secure” by an independent internationally accredited information system auditors.
Laxmi Bank’s award winning Annual Reports has set the standards for quality, presentation and disclosure for the Nepalese corporate sector to follow since 2005.
Laxmi Bank promotes a separate life insurance company – Prime Life Insurance Limited which came into operation in 2009.
Nepal SBI Bank
Nepal SBI Bank Ltd.(NSBL) is a subsidiary of State Bank of India (SBI) having 55 percent of ownership. The local partner viz. Employee Provident Fund holds 15% equity and General Public 30%. In terms of the Technical Services Agreement between SBI and the NSBL, the former provides management support to the bank through its expatriate officers including Managing Director who is also the CEO of the Bank. Central Management Committee (CENMAC), consisting of the Managing Director & CEO, Chief Operating Officer & Dy. CEO, Chief Financial Officer, Chief Risk Officer and Chief Credit Officer, exercises overall control functions with the help of 3 Regional Offices, and oversee the overall operations of the Bank.
NSBL was established in July 1993 and has emerged as one of the leading banks of Nepal, with 596 skilled and dedicated Nepalese employees working in 56 branches, 6 extension counters, 3 Regional Offices and Corporate Office. With presence in 31 districts in Nepal, the Bank is providing value added services to its customers through its wide network of 78 ATMs, internet banking, mobile wallet, SMS banking, IRCTC Ticket Online Booking facility, etc. NSBL is one of the fastest growing Commercial Banks of Nepal with more than 5.5 lakhs satisfied deposit customers and over 4.62 lakhs ATM/Debit cardholders. The Bank enjoys leading position in the country in terms of penetration of technology products, viz. Mobile Banking, Internet Banking and Card Services. The Bank is moving ahead in the Nepalese Banking Industry with significant growth in Net Profit with very nominal NPA. As of 31st March 2015, the Bank has deposits of Rs. 55.26 billion and advances (net) of Rs. 39.59 billion, besides investment portfolio of Rs. 10.49 billion.
State Bank of India (SBI), with a 209 year history, is the largest commercial Bank in India in terms of assets, deposits, profits, branches, customers and employees. The Government of India is the majority stakeholder and has controlling stake in SBI, a “Fortune 500” entity.
The SBI group consists of SBI and five associate banks. The group has an extensive network, with over 21,000 branches in India and another 191 foreign offices in 36 countries across the world.
SBI's non- banking subsidiaries / Joint ventures are market leaders in their respective areas and provide wide ranging services, which include life insurance, merchant banking, mutual funds, credit cards, factoring services, security trading and primary dealership, making the SBI Group a truly large financial supermarket and India's financial icon. SBI has arrangements with over 1,500 various international / local banks to exchange financial messages through SWIFT in all business centers of the world to facilitate trade related banking business, reinforced by dedicated and highly skilled teams of professionals.
NSBL was established in July 1993 and has emerged as one of the leading banks of Nepal, with 596 skilled and dedicated Nepalese employees working in 56 branches, 6 extension counters, 3 Regional Offices and Corporate Office. With presence in 31 districts in Nepal, the Bank is providing value added services to its customers through its wide network of 78 ATMs, internet banking, mobile wallet, SMS banking, IRCTC Ticket Online Booking facility, etc. NSBL is one of the fastest growing Commercial Banks of Nepal with more than 5.5 lakhs satisfied deposit customers and over 4.62 lakhs ATM/Debit cardholders. The Bank enjoys leading position in the country in terms of penetration of technology products, viz. Mobile Banking, Internet Banking and Card Services. The Bank is moving ahead in the Nepalese Banking Industry with significant growth in Net Profit with very nominal NPA. As of 31st March 2015, the Bank has deposits of Rs. 55.26 billion and advances (net) of Rs. 39.59 billion, besides investment portfolio of Rs. 10.49 billion.
State Bank of India (SBI), with a 209 year history, is the largest commercial Bank in India in terms of assets, deposits, profits, branches, customers and employees. The Government of India is the majority stakeholder and has controlling stake in SBI, a “Fortune 500” entity.
The SBI group consists of SBI and five associate banks. The group has an extensive network, with over 21,000 branches in India and another 191 foreign offices in 36 countries across the world.
SBI's non- banking subsidiaries / Joint ventures are market leaders in their respective areas and provide wide ranging services, which include life insurance, merchant banking, mutual funds, credit cards, factoring services, security trading and primary dealership, making the SBI Group a truly large financial supermarket and India's financial icon. SBI has arrangements with over 1,500 various international / local banks to exchange financial messages through SWIFT in all business centers of the world to facilitate trade related banking business, reinforced by dedicated and highly skilled teams of professionals.
Janta Bank Nepal Limited
Janata Bank Nepal Limited is the 27th commercial bank established under the Bank & Financial Institution Act, 2063. The bank's corporate and banking office is located at Sankhamul Marg, New Baneshwor, Kathmandu. Currently the bank is operating with 35 branches and 1 extension counters and will gradually expand its branch network to provide its service all over the country. With 836 promoters, the bank is the first licensed commercial bank to have an initial paid up capital of NPR 2.00 billion.
Objectives:-
The main motto of the bank is to provide reliable and quality banking services to the public through healthy competition in the banking industry, as mentioned in the preamble of the Bank & Financial Act, 2063. The bank has the objectives to carry out banking business as permitted under the Act and guidelines of Nepal Rastra Bank. The major objectives of the bank are outlined as follows:
Provide banking service at the doorsteps of customers.
Provide non-funded and foreign currency transaction services, perform merchant banking, and other advisory services.
Provide services to Build, Operate and Transfer (BOT) projects.
Provide various schemes and incentives to small savers to mobilize domestic saving.
Provide investment opportunities to small savers in various projects and mobilize their savings into investment.
Develop viable projects in agriculture, trade, industries, tourism, hydropower, and other services to boost up the production, income and employment opportunities.
Provide fund management services to the customers.
Provide banking services and facilities to attract foreign direct investment in the country.
Expand banking services in the international market through branch expansion and creation of agencies.
Support for the proper use of the internal and external resources and technology that contributes towards the greater and faster economic development of the country.
Provide competitive returns to its shareholders by delivering modern banking and financial services.
Objectives:-
The main motto of the bank is to provide reliable and quality banking services to the public through healthy competition in the banking industry, as mentioned in the preamble of the Bank & Financial Act, 2063. The bank has the objectives to carry out banking business as permitted under the Act and guidelines of Nepal Rastra Bank. The major objectives of the bank are outlined as follows:
Provide banking service at the doorsteps of customers.
Provide non-funded and foreign currency transaction services, perform merchant banking, and other advisory services.
Provide services to Build, Operate and Transfer (BOT) projects.
Provide various schemes and incentives to small savers to mobilize domestic saving.
Provide investment opportunities to small savers in various projects and mobilize their savings into investment.
Develop viable projects in agriculture, trade, industries, tourism, hydropower, and other services to boost up the production, income and employment opportunities.
Provide fund management services to the customers.
Provide banking services and facilities to attract foreign direct investment in the country.
Expand banking services in the international market through branch expansion and creation of agencies.
Support for the proper use of the internal and external resources and technology that contributes towards the greater and faster economic development of the country.
Provide competitive returns to its shareholders by delivering modern banking and financial services.
Grand Bank Nepal
Grand Bank Nepal Limited formerly identified as DCBL Bank Limited came into operation in 2001 as development bank backed by the expertise of the professional bankers, prominent industrialists, entrepreneurs, bureaucrats and career diplomats.
The Bank has been providing diversified services to its clientele by offering its products in the form of Loans, Guarantees and Venture Capital etc. The bank has started its operation in the capacity of 'A' class commercial bank since May 2008. We have, at present, total 21 branches including the Head Office at Kamaladi.
The idea behind renaming is to purge the puzzlement in people's mind, giving them the clear view about us being the 'A' class Commercial Bank, as it was observed that our clients were still in confusion, about us being Commercial Bank.
The policy of the Bank is to create a relationship with the customer based on shared vision and mutual understanding for mutual benefit. It focuses in providing qualitative and diversified banking services backed by efficient personal approach at desired level.
The Bank has been providing diversified services to its clientele by offering its products in the form of Loans, Guarantees and Venture Capital etc. The bank has started its operation in the capacity of 'A' class commercial bank since May 2008. We have, at present, total 21 branches including the Head Office at Kamaladi.
The idea behind renaming is to purge the puzzlement in people's mind, giving them the clear view about us being the 'A' class Commercial Bank, as it was observed that our clients were still in confusion, about us being Commercial Bank.
The policy of the Bank is to create a relationship with the customer based on shared vision and mutual understanding for mutual benefit. It focuses in providing qualitative and diversified banking services backed by efficient personal approach at desired level.
Prime Commercial Bank
Prime Commercial Bank Ltd. was incorporated in September 2007 as the 21st commercial bank in Nepal. We are a Category ‘A’ Financial Institution registered under the “Banks and Financial Institutions Act” of Nepal. It has been established by prominent business personnel and professionals from diversified areas with a prime objective of providing 'Banking Services to Everyone' in the country where still large number of population are deprived of Banking Services.
The bank has established itself as an emerging player in financial sector with focus in customer service excellence maintaining excellent relationship with valued customers. It is counted among the top 10 commercial banks in Nepal by independent raters and publications in the country.
The Bank’s shares are listed and actively traded in the Nepal Stock Exchange (NEPSE).
The bank has established itself as an emerging player in financial sector with focus in customer service excellence maintaining excellent relationship with valued customers. It is counted among the top 10 commercial banks in Nepal by independent raters and publications in the country.
The Bank’s shares are listed and actively traded in the Nepal Stock Exchange (NEPSE).
Monday, August 17, 2015
Prabhu Bank
Prabhu Bank is one of the renowned banks of Nepal, established under Banks and Financial Institutions Act, 2063 to provide banking and financial services. With 112 branches in both established and faster growing markets throughout the nation, we aim to be where growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper and ultimately helping people to fulfill their hopes and realize their ambitions.
Listed on Nepal Stock Exchange, shares in Prabhu are held by over 57,500 shareholders nationwide.
We serve more than 650,000 customers nationwide through our business like Personal Banking, Business Banking, Infrastructure financing and other financial services. Our network covers 32 districts and we aim to be acknowledged as one of the nation’s leading bank.
Prabhu Bank is named after successful merger of four banks and financial institutions, Kist Bank Limited, Prabhu Bikas Bank Limited, Gaurishankar Development Bank Limited and Zenith Finance Company Limited on 15th September 2014. The convergence of corporate culture between these four institutions resulted in a successful merger and now has become a key player in the market having 112 footprints throughout the nation.
The Bank is one of the largest private sector banks in the country in terms of footprints, ATM network, customer base and number of staffs. The existing branch network covers almost all parts of the country i.e Major financial centers, Terai, Mountain and remote areas of the country, even in that place where no any banking institution has reached before.
Listed on Nepal Stock Exchange, shares in Prabhu are held by over 57,500 shareholders nationwide.
We serve more than 650,000 customers nationwide through our business like Personal Banking, Business Banking, Infrastructure financing and other financial services. Our network covers 32 districts and we aim to be acknowledged as one of the nation’s leading bank.
Prabhu Bank is named after successful merger of four banks and financial institutions, Kist Bank Limited, Prabhu Bikas Bank Limited, Gaurishankar Development Bank Limited and Zenith Finance Company Limited on 15th September 2014. The convergence of corporate culture between these four institutions resulted in a successful merger and now has become a key player in the market having 112 footprints throughout the nation.
The Bank is one of the largest private sector banks in the country in terms of footprints, ATM network, customer base and number of staffs. The existing branch network covers almost all parts of the country i.e Major financial centers, Terai, Mountain and remote areas of the country, even in that place where no any banking institution has reached before.
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