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.
Lumbini Bank
With an authorized capital of NPR 2 billion, Issued Capital of NPR 2 billion and Paid up Capital of NPR 2 billion, Lumbini Bank Limited formally commenced its banking operations from 10th July 1997.
Currently, the bank is providing full-fledged banking services from its 18 bank branch network spread across the country. The bank is committed in its initiative to provide financial inclusion in the truest sense by setting its footprints in the far flung areas of the country in the coming days. Additionally, the bank also realizes the importance of creating synergy by integrating the services provided through both branch banking and alternate service delivery channels as the key focus of bank is centered on the philosophy to cater to the banking requirements of all segments of the society by offering state of the art banking products and services in their door steps.
Currently, the bank is providing full-fledged banking services from its 18 bank branch network spread across the country. The bank is committed in its initiative to provide financial inclusion in the truest sense by setting its footprints in the far flung areas of the country in the coming days. Additionally, the bank also realizes the importance of creating synergy by integrating the services provided through both branch banking and alternate service delivery channels as the key focus of bank is centered on the philosophy to cater to the banking requirements of all segments of the society by offering state of the art banking products and services in their door steps.
Sanima Bank
Sanima, promoted by prominent and dynamic Non-Resident Nepalese (NRNs) Businessman, commenced its operation in 2004 as a National Level Development Bank with the vision to mobilize resources for National Development.
Sanima received the operating License from Nepal Rastra Bank to function as a "A" Class Commercial Bank and has achieved the triumph to establish itself as a Strong & Reliable Commercial Bank in Nepal.
In the pursuit of sustainable growth, Sanima has 38 full-fledged branches within and outside the Kathmandu Valley and has further plans to expand its reach in the various part of the country.
Sanima provides one window financial solutions to the customers with the wide range of Products and Services. Sanima not only offers readymade products and services, but also offers customized services to better suit the needs of the individual customer.
Sanima is committed to exceed customer expectations in all areas of its Business through consistent processes, innovations and Improvements.
Sanima received the operating License from Nepal Rastra Bank to function as a "A" Class Commercial Bank and has achieved the triumph to establish itself as a Strong & Reliable Commercial Bank in Nepal.
In the pursuit of sustainable growth, Sanima has 38 full-fledged branches within and outside the Kathmandu Valley and has further plans to expand its reach in the various part of the country.
Sanima provides one window financial solutions to the customers with the wide range of Products and Services. Sanima not only offers readymade products and services, but also offers customized services to better suit the needs of the individual customer.
Sanima is committed to exceed customer expectations in all areas of its Business through consistent processes, innovations and Improvements.
Sunrise Bank
In an economy driven by appetite for success, Sunrise Bank Limited is "Rising to Serve" by defining new levels of services and products. As a bank founded by reputed entrepreneurs, we understand the needs of a growing economy and are well equipped to serve them.
Our team of seasoned banking and management professionals have dedicated themselves to establishing an institution determined to cater to the needs of all, be it big or small. Your aspirations are our benchmarks and we will always be "Rising to Serve".
Mission
Continuous Offering of tailor made banking services to all levels of society, with no constraint on time, location, size of transaction and all aspirations.
Objectives
To continuously expand Bank's operation in systematic manner
To become a major innovative Bank and provide top of the line services
To build an HR team that continuously supplements the growth of the organization
To be vigilant to the evolving economy and align our operations accordingly
Our team of seasoned banking and management professionals have dedicated themselves to establishing an institution determined to cater to the needs of all, be it big or small. Your aspirations are our benchmarks and we will always be "Rising to Serve".
Mission
Continuous Offering of tailor made banking services to all levels of society, with no constraint on time, location, size of transaction and all aspirations.
Objectives
To continuously expand Bank's operation in systematic manner
To become a major innovative Bank and provide top of the line services
To build an HR team that continuously supplements the growth of the organization
To be vigilant to the evolving economy and align our operations accordingly
Global Ime Bank
Global IME Bank Ltd. (GIBL) emerged after successful merger of Global Bank Ltd (an “A” class commercial bank), IME Financial Institution (a “C” class finance company) and Lord Buddha Finance Ltd. (a “C” class finance company) in year 2012. Two more development banks (Social Development Bank and Gulmi Bikas Bank) merged with Global IME Bank Ltd in year 2013. Later, in the year 2014, Global IME Bank made another merger with Commerz and Trust Bank Nepal Ltd. (an “A” class commercial bank).
Global Bank Limited (GBL) was established in 2007 as an ‘A’ class commercial bank in Nepal which provided entire commercial banking services. The bank was established with the largest capital base at the time with paid up capital of NPR 1.0 billion. The paid up capital of the bank has since been increased to NPR 5.01 billion. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.
It is in line with the aim of the bank to be “The Bank for All” by giving necessary impetus to the economy through world class banking service.
For the day to day operations, the bank has been using the world renowned FINACLE software that provides real time access to customer database across all branches and corporate locations of the bank. This state of the art customer database has also been linked to a Management Information System that provides easy reach to all possible database information for balanced and informed decision making. A disaster recovery system (DRS) of the Bank has also been established in the Western Region of Nepal (200 kms west of Kathmandu).
The bank has been able to achieve excellent diversification of its assets. A well balanced distribution of exposure in areas of national interest has been possible through long term forecasting and timely strategic planning. The bank has diversified interests in hydro power, manufacturing, textiles, services industry, aviation, exports, trading and microfinance projects, just to mention a few.
The exemplary performance of the bank in these last eight years has elevated it to a premier status in the industry. The bank has been handling government transactions and is officially among the only 7 banks in Nepal to do so. The bank has been able to earn the trust and confidence of the public, which is reflect- ed in the large and ever expanding customer base of the bank. Through all this the bank has been able to truly achieve its vision of being “The Bank for All”. Even with all this success, the bank remains internally focused towards manpower development, product innovation and process innovation etc, to have a strong and solid foundation, which are ongoing and continuous improvement initiatives undertaken by the management and staff alike.
Global Bank Limited (GBL) was established in 2007 as an ‘A’ class commercial bank in Nepal which provided entire commercial banking services. The bank was established with the largest capital base at the time with paid up capital of NPR 1.0 billion. The paid up capital of the bank has since been increased to NPR 5.01 billion. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.
It is in line with the aim of the bank to be “The Bank for All” by giving necessary impetus to the economy through world class banking service.
For the day to day operations, the bank has been using the world renowned FINACLE software that provides real time access to customer database across all branches and corporate locations of the bank. This state of the art customer database has also been linked to a Management Information System that provides easy reach to all possible database information for balanced and informed decision making. A disaster recovery system (DRS) of the Bank has also been established in the Western Region of Nepal (200 kms west of Kathmandu).
The bank has been able to achieve excellent diversification of its assets. A well balanced distribution of exposure in areas of national interest has been possible through long term forecasting and timely strategic planning. The bank has diversified interests in hydro power, manufacturing, textiles, services industry, aviation, exports, trading and microfinance projects, just to mention a few.
The exemplary performance of the bank in these last eight years has elevated it to a premier status in the industry. The bank has been handling government transactions and is officially among the only 7 banks in Nepal to do so. The bank has been able to earn the trust and confidence of the public, which is reflect- ed in the large and ever expanding customer base of the bank. Through all this the bank has been able to truly achieve its vision of being “The Bank for All”. Even with all this success, the bank remains internally focused towards manpower development, product innovation and process innovation etc, to have a strong and solid foundation, which are ongoing and continuous improvement initiatives undertaken by the management and staff alike.
NIC Asia Bank ltd
NIC ASIA Bank has its antecedents in NIC Bank which was established on 21st July 1998. The Bank was rechristened as NIC ASIA Bank after the merger of NIC Bank with Bank of Asia Nepal on 30th June 2013. This was a historic merger in the annals of Nepalese financial landscape as the first of its kind merger between two successful commercial banks in the country. Today, NIC ASIA has established itself as one of the most successful commercial bank in Nepal.
During the post-merger integration phase, NIC ASIA managed the transition very smoothly receiving accolades from the regulators as well as the stakeholders, paving the way for other mergers and consolidation in the Nepalese financial sector. After the merger, NIC ASIA was recognized as “Bank of the Year 2013-Nepal” by The Banker, Financial Times, UK. This is the second time that the Bank was recognized with this prestigious award, the previous occasion being in 2007.
NIC ASIA Bank is now, one of the largest private sector commercial banks in the country in terms of capital base, balance-sheet size, number of branches, ATM network and customer base. The Bank has 67 branches across Nepal with a network covering all major financial centers of the country. The Bank strongly believes in meritocracy, transparency, professionalism, team spirit and service excellence. These core values are internalized by all functions within the Bank and are reflected in all actions the Bank takes during the course of its business.
During the post-merger integration phase, NIC ASIA managed the transition very smoothly receiving accolades from the regulators as well as the stakeholders, paving the way for other mergers and consolidation in the Nepalese financial sector. After the merger, NIC ASIA was recognized as “Bank of the Year 2013-Nepal” by The Banker, Financial Times, UK. This is the second time that the Bank was recognized with this prestigious award, the previous occasion being in 2007.
NIC ASIA Bank is now, one of the largest private sector commercial banks in the country in terms of capital base, balance-sheet size, number of branches, ATM network and customer base. The Bank has 67 branches across Nepal with a network covering all major financial centers of the country. The Bank strongly believes in meritocracy, transparency, professionalism, team spirit and service excellence. These core values are internalized by all functions within the Bank and are reflected in all actions the Bank takes during the course of its business.
Rastriya Banijya Bank Limited
RBB Ltd. - established on January 23, 1966 ( 2022 Magh 10 ) - a synonymous of stable and people's bank in Nepal - is one of the pioneer Bank in the country with the history of nearly a half century. Earlier constituted under RBB act 2021 with the full ownership of the government of Nepal , the Bank has been running under Bank and Financial Institute Act ( BAFIA ) and Company Act (CA) 2063 at present.The Bank licensed by NRB as a 'A' class commercial Bank of the country, has grown up as an indispensable component of the Nepalese economy.
RBBL – which has made glorious history of contributing for the monetization of the economy ,eliminating dual currency in the market , initiating preliminary financial literacy, help flourish industrial ,commercial and financial sector of the country has now emerged as a modern and strong financial institute of the country. The Bank with 2600 hands has expanded its wings in the most part of the country through multiple distribution outlets of 160 branches ,17 counters,28 branch less banking (BLB) and 72 ATMs. The Bank with the highest public confidence- reflected in the highest deposit base and growing demand for branch establishment in the various parts -has stood as a pyramid in the financial arena of the country. The Bank with as many as 1.7 millions satisfied /direct customers ranging from poor to elite ones and millions of indirect ones,has drawn important imprint in the picture of country's economy through its significant involvement in the best use of its resources to enhance the production,income and employment opportunities.The Bank is fully committed to contribute its best for the socio economic development of the country and people in the days to come.
RBBL – which has made glorious history of contributing for the monetization of the economy ,eliminating dual currency in the market , initiating preliminary financial literacy, help flourish industrial ,commercial and financial sector of the country has now emerged as a modern and strong financial institute of the country. The Bank with 2600 hands has expanded its wings in the most part of the country through multiple distribution outlets of 160 branches ,17 counters,28 branch less banking (BLB) and 72 ATMs. The Bank with the highest public confidence- reflected in the highest deposit base and growing demand for branch establishment in the various parts -has stood as a pyramid in the financial arena of the country. The Bank with as many as 1.7 millions satisfied /direct customers ranging from poor to elite ones and millions of indirect ones,has drawn important imprint in the picture of country's economy through its significant involvement in the best use of its resources to enhance the production,income and employment opportunities.The Bank is fully committed to contribute its best for the socio economic development of the country and people in the days to come.
Nepal Bank Limited
Nepal Bank Limited, The first bank of Nepal was established in November 15, 1937 A.D (Kartik, 30, 1994). It was formed under the principle of Joint venture (Joint venture between govt. & general public). NBL's authorized capital was Rs. 10 million & issued capital Rs. 2.5 million of which paid-up capital was Rs. 842 thousand with 10 shareholders. The bank has been providing banking through its branch offices in the different geographical locations of the country.
Corporate Vision:
"Pioneer Bank with complete banking solution"
Mission Statement: NEW
Network for inclusion: Use bank's network to increase its reach all over the country from urban areas to rural areas and help in improving the lifestyle of rural population and in turn become the bank of choice of corporate, medium businesses and rural market
Enhancing the value: To employees, shareholders, government and customers
World class banking services: Provide world class banking services by achieving excellence in customer service and adopting high level technology standards
Values Statement: SPIRIT
Segmented business approach: For risk management and enhancement of efficiency
Partnership: With all stakeholders including the Government, employees, shareholders and customer
Innovation: Of business areas and processes for providing Advanced banking services, and enhance competitiveness
Responsiveness: responding to the changing need of the market/society/business on timely basis
Integrity: Uphold trustworthiness and business ethics in the business process
Total banking solutions: To cater the need of all sections of society
Objectives:
Nepal Bank Limited has the following objectives:
Focus on building the positive net worth and meeting minimum capital requirement over the coming five years.
Focus on increasing the customer base and market share.
Maximize the potential/efficency of bank's staff.
Focus on minimizing the risk associated with the business.
Focus on providing the world class business solutions.
Focus on increasing the sustainable profit.
Corporate Vision:
"Pioneer Bank with complete banking solution"
Mission Statement: NEW
Network for inclusion: Use bank's network to increase its reach all over the country from urban areas to rural areas and help in improving the lifestyle of rural population and in turn become the bank of choice of corporate, medium businesses and rural market
Enhancing the value: To employees, shareholders, government and customers
World class banking services: Provide world class banking services by achieving excellence in customer service and adopting high level technology standards
Values Statement: SPIRIT
Segmented business approach: For risk management and enhancement of efficiency
Partnership: With all stakeholders including the Government, employees, shareholders and customer
Innovation: Of business areas and processes for providing Advanced banking services, and enhance competitiveness
Responsiveness: responding to the changing need of the market/society/business on timely basis
Integrity: Uphold trustworthiness and business ethics in the business process
Total banking solutions: To cater the need of all sections of society
Objectives:
Nepal Bank Limited has the following objectives:
Focus on building the positive net worth and meeting minimum capital requirement over the coming five years.
Focus on increasing the customer base and market share.
Maximize the potential/efficency of bank's staff.
Focus on minimizing the risk associated with the business.
Focus on providing the world class business solutions.
Focus on increasing the sustainable profit.
Nepal Investment Bank Limited
Nepal Investment Bank Ltd. (NIBL), previously Nepal Indosuez Bank Ltd., was established in 1986 as a joint venture between Nepalese and French partners. The French partner (holding 50% of the capital of NIBL) was Credit Agricole Indosuez, a subsidiary of one the largest banking group in the world.
With the decision of Credit Agricole Indosuez to divest, a group of companies comprising of bankers, professionals, industrialists and businessmen, had acquired on April 2002 the 50% shareholding of Credit Agricole Indosuez in Nepal Indosuez Bank Ltd.
The name of the bank has been changed to Nepal Investment Bank Ltd. upon approval of bank’s Annual General Meeting, Nepal Rastra Bank and Company Registrar’s office with the following shareholding structure.
A group of local Nepalese companies holding 50% of the capital
Group "B" Promoter shareholders holding 15% of the capital
Rashtriya Beema Company Ltd. holding 15% of the capital.
The remaining 20% being held by the General Public (which means that NIBL is a Company listed on the Nepal Stock Exchange).
We believe that NIBL, which is managed by a team of experienced bankers and professionals having proven track record, can offer you what you're looking for. We are sure that your choice of a bank will be guided among other things by its reliability and professionalism.
With the decision of Credit Agricole Indosuez to divest, a group of companies comprising of bankers, professionals, industrialists and businessmen, had acquired on April 2002 the 50% shareholding of Credit Agricole Indosuez in Nepal Indosuez Bank Ltd.
The name of the bank has been changed to Nepal Investment Bank Ltd. upon approval of bank’s Annual General Meeting, Nepal Rastra Bank and Company Registrar’s office with the following shareholding structure.
A group of local Nepalese companies holding 50% of the capital
Group "B" Promoter shareholders holding 15% of the capital
Rashtriya Beema Company Ltd. holding 15% of the capital.
The remaining 20% being held by the General Public (which means that NIBL is a Company listed on the Nepal Stock Exchange).
We believe that NIBL, which is managed by a team of experienced bankers and professionals having proven track record, can offer you what you're looking for. We are sure that your choice of a bank will be guided among other things by its reliability and professionalism.
Everest Bank
Catering to more than 6.5 lacs customers, Everest Bank Limited (EBL) is a name you can depend on for professionalized & efficient banking services. Founded in 1994, the Bank has been one of the leading banks of the country and has been catering its services to various segments of the society. With clients from all walks of life, the Bank has helped develop the nation corporately, agriculturally & industrially.
Joint Venture Partner
Punjab National Bank (PNB), our joint venture partner (holding 20% equity) is the largest nationalized bank in India having presence virtually in all important centers. Owing to its performance during the year 2012-13, the Bank earned many laurels & accolades in recognition to its service & overall performance. Recently, PNB was awarded with "IDRBT Banking Technology Excellence Award" under Customer Management & Intelligence Initiatives. The Bank also bagged "Golden Peacock Business Excellence Award 2013" by Institute of Directors. Similarly, the Bank was recognized as 'Best Public Sector Bank' by CNBC TV 18. The bank has now more than 6,000 branches and 7000 ATMs spread all across the India. As a joint-venture partner, PNB has been providing top management support to EBL under Technical Service Agreement.
Networks
Everest Bank Limited (EBL) provides customer-friendly services through its wide Network connected through ABBS system, which enables customers for operational transactions from any branches. The bank has 53 Branches, 74 ATM Counters, 5 extension counter & 22 Revenue Collection across the country making it a very efficient and accessible bank for its customers, anytime, anywhere.
Joint Venture Partner
Punjab National Bank (PNB), our joint venture partner (holding 20% equity) is the largest nationalized bank in India having presence virtually in all important centers. Owing to its performance during the year 2012-13, the Bank earned many laurels & accolades in recognition to its service & overall performance. Recently, PNB was awarded with "IDRBT Banking Technology Excellence Award" under Customer Management & Intelligence Initiatives. The Bank also bagged "Golden Peacock Business Excellence Award 2013" by Institute of Directors. Similarly, the Bank was recognized as 'Best Public Sector Bank' by CNBC TV 18. The bank has now more than 6,000 branches and 7000 ATMs spread all across the India. As a joint-venture partner, PNB has been providing top management support to EBL under Technical Service Agreement.
Networks
Everest Bank Limited (EBL) provides customer-friendly services through its wide Network connected through ABBS system, which enables customers for operational transactions from any branches. The bank has 53 Branches, 74 ATM Counters, 5 extension counter & 22 Revenue Collection across the country making it a very efficient and accessible bank for its customers, anytime, anywhere.
Standard Chartered Bank of Nepal
Standard Chartered Bank Nepal Limited has been in operation in Nepal since 1987 when it was initially registered as a joint-venture operation. Today the Bank is an integral part of Standard Chartered Group having an ownership of 75% in the company with 25% shares owned by the Nepalese public. The Bank enjoys the status of the largest international bank currently operating in Nepal.
Standard Chartered has a history of over 150 years in banking and operates in many of the world's fastest-growing markets with an extensive global network of over 1700 branches (including subsidiaries, associates and joint ventures) in over 70 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. As one of the world's most international banks, Standard Chartered employs almost 87,000 people, representing over 115 nationalities, worldwide. This diversity lies at the heart of the Bank's values and supports the Bank's growth as the world increasingly becomes one market.
With 19 points of representation, 23 ATMs across the country and with more than 450 local staff, Standard Chartered Bank Nepal Ltd. is in a position to serve its clients and customers through an extensive domestic network. In addition, the global network of Standard Chartered Group gives the Bank a unique opportunity to provide truly international banking services in Nepal.
Standard Chartered Bank Nepal Limited offers a full range of banking products and services to a wide range of clients and customers encompassing individuals, mid-market local corporate, multinationals, large public sector companies, government corporations, airlines, hotels as well as the DO segment comprising of embassies, aid agencies, NGOs and INGOs.
The Bank has been the pioneer in introducing 'customer focused' products and services in the country and aspires to continue to be a leader in introducing new products in delivering superior services. It is the first Bank in Nepal that has implemented the Anti-Money Laundering policy and applied the 'Know Your Customer' procedure on all the customer accounts.
Corporate Social Responsibility is an integral part of Standard Chartered's ambition to become the world's best international bank and is the mainstay of the Bank's values. The Bank believes in delivering shareholder value in a socially, ethically an environmentally responsible manner. Standard Chartered throughout its long history has played an active role in supporting those communities in which its customers and staff live. It concentrates on projects that assist children, particularly in the areas of health and education. Environmental projects are also occasionally considered. It supports non-governmental organisations involving charitable community activities The Group launched two major initiatives in 2003 under its 'Believing in Life' campaign- 'Living with HIV/AIDS' and 'Seeing is Believing'.
Standard Chartered has a history of over 150 years in banking and operates in many of the world's fastest-growing markets with an extensive global network of over 1700 branches (including subsidiaries, associates and joint ventures) in over 70 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. As one of the world's most international banks, Standard Chartered employs almost 87,000 people, representing over 115 nationalities, worldwide. This diversity lies at the heart of the Bank's values and supports the Bank's growth as the world increasingly becomes one market.
With 19 points of representation, 23 ATMs across the country and with more than 450 local staff, Standard Chartered Bank Nepal Ltd. is in a position to serve its clients and customers through an extensive domestic network. In addition, the global network of Standard Chartered Group gives the Bank a unique opportunity to provide truly international banking services in Nepal.
Standard Chartered Bank Nepal Limited offers a full range of banking products and services to a wide range of clients and customers encompassing individuals, mid-market local corporate, multinationals, large public sector companies, government corporations, airlines, hotels as well as the DO segment comprising of embassies, aid agencies, NGOs and INGOs.
The Bank has been the pioneer in introducing 'customer focused' products and services in the country and aspires to continue to be a leader in introducing new products in delivering superior services. It is the first Bank in Nepal that has implemented the Anti-Money Laundering policy and applied the 'Know Your Customer' procedure on all the customer accounts.
Corporate Social Responsibility is an integral part of Standard Chartered's ambition to become the world's best international bank and is the mainstay of the Bank's values. The Bank believes in delivering shareholder value in a socially, ethically an environmentally responsible manner. Standard Chartered throughout its long history has played an active role in supporting those communities in which its customers and staff live. It concentrates on projects that assist children, particularly in the areas of health and education. Environmental projects are also occasionally considered. It supports non-governmental organisations involving charitable community activities The Group launched two major initiatives in 2003 under its 'Believing in Life' campaign- 'Living with HIV/AIDS' and 'Seeing is Believing'.
Subscribe to:
Posts (Atom)