Civil Bank
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Civil Bank
Civil Bank Limited (CiBL) ( ne, सिभिल बैंक लिमिटेड; ) is a commercial bank in Nepal. Founded in 2010, the bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services. The bank was established with a paid up capital of NPR 1.20 billion later raised to 2.00 billion by issuing ordinary shares. The paid up capital of the bank has since been increased to NPR 2.69 billion after distribution of stock dividends and successful acquisition of former Axis Development Bank Limited and Civil Merchant Bittiya Sanstha Limited. The bank is under process of raising paid-up capital to 4.70 billion by acquiring International Leasing and Finance Company Limited. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange. See also * List of banks in Nepal * Commercial Banks of Nepal References {{ ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Nepal Stock Exchange
The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. the market capitalization of the companies listed on NEPSE was approximately . The basic objective of NEPSE is to impart free marketability and liquidity to the government and corporate securities by facilitating transactions in its trading floor through member, market intermediaries, such as broker, market makers etc. NEPSE opened its trading floor on 13 January 1994. 212 companies are listed on the exchange, which includes commercial banks, hydro-power companies, insurance companies, and finance companies among others. The Exchange has 50 registered brokers History The history of securities market began with the flotation of shares by Biratnagar Jute Mills Ltd. and Nepal Bank Ltd. in 1937. Introduction of the Company Act in 1964, the first issuance of Government Bond in 1964 and the establishment of Securities Exchange Center Ltd. in 1976 were other significant development relating to capital markets. Se ...
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Kathmandu
, pushpin_map = Nepal Bagmati Province#Nepal#Asia , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Province , subdivision_name1 = Bagmati Province , subdivision_type2 = District , subdivision_name2 = Kathmandu , established_title = , founder = Manjushri , parts_type = No. of Wards , parts = 32 , seat_type = , seat = , government_footnotes = , government_type = Mayor–council government , governing_body = Kathmandu Metropolitan Government, , leader_title = Mayor , leader_name = Balendra Shah ( Ind.) , leader_title1 = Deputy mayor , leader_name1 = Sunita Dangol (UML) , leader_title2 = Executive Officer , leader_name2 = Basanta Adhikari , unit_pref ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Credit Card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards. A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit car ...
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