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Himalayan Bank Limited
Himalayan Bank Limited (HBL) is one of the largest private banks in Nepal. The Bank was incorporated in 1992 by a few eminent individuals of Nepal in partnership with the Employees Provident Fund and Habib Bank Limited of Pakistan. The bank commenced its operations in January 1993. Himalayan Bank is also the first commercial bank of Nepal with most of its shares held by the private sector of Nepal. Besides commercial banking services, the bank also offers industrial and merchant banking service. With its head and corporate office at Kamaladi, Kathmandu, the bank has 71 branches. Eighteen of its branches are located inside the Kathmandu Valley while the rest are spread across the nation (Kathmandu Valley comprises Kathmandu, Lalitpur and Bhaktapur Districts). Besides, a branch looking exclusively at electronic cards and related products, is based in Patan, Lalitpur Lalitpur Metropolitan City, historically Patan ( sa, पाटन ''Pāṭana'', Nepal bhasa : '' Yela'', ), ...
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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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Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 243 million people, and has the world's Islam by country#Countries, second-largest Muslim population just behind Indonesia. Pakistan is the List of countries and dependencies by area, 33rd-largest country in the world by area and 2nd largest in South Asia, spanning . It has a coastline along the Arabian Sea and Gulf of Oman in the south, and is bordered by India to India–Pakistan border, the east, Afghanistan to Durand Line, the west, Iran to Iran–Pakistan border, the southwest, and China to China–Pakistan border, the northeast. It is separated narrowly from Tajikistan by Afghanistan's Wakhan Corridor in the north, and also shares a maritime border with Oman. Islamabad is the nation's capital, while Karachi is its largest city and fina ...
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Banks Of Nepal
This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank. Class A: Commercial banks Commercial banks are rated as Class "A" banks by the Nepal Rastra Bank. There are 21 commercial banks as of 24 February 2023. Defunct commercial banks Class B: Development banks Development banks are rated as Class "B" banks by the Nepal Rastra Bank. There are 17 development banks as of January 2023. Class C: Finance Companies Finance companies are rated as Class "C" banks by the Nepal Rastra Bank. There are 17 finance companies as of January 2023. Class D: Micro Finance Financial Institutions Micro finance financial institutions are rated as Class "D" banks by the Nepal Rastra Bank. There are 64 finance companies as of June 2023. Infrastructure Development Bank Infrastructure Development Bank is a non-classified Financial Institution licensed by Nepal Rastra Bank. There is 1 such BFIs as of June 2023. References {{Asia topic, List of banks in ...
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Aga Khan Development Network
The Aga Khan Development Network (AKDN) is a network of private, non-denominational (de jure) development agencies founded by the Aga Khan that work primarily in the poorest parts of Asia and Africa. Aga Khan IV succeeded to the office of the 49th hereditary Imam as spiritual and administrative leader of the Shia faith-rooted Nizari Ismaili Muslim supranational union in 1957. Ismailis consist of an estimated 25–30 million adherents (about 20% of the world's Shia Muslim population). The network focuses on health, education, culture, rural development, institution building and the promotion of economic development. The AKDN aims to improve living conditions and opportunities for the poor, without regard to their faith, origin or gender. Its annual budget for not-for-profit activities is approximately US $ 950 million – mainly in Africa, Asia, and the Middle East. The AKDN works in 30 countries around the world, and it employs approx 96,000 paid staff, mostly in developing countr ...
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Patan, Nepal
Lalitpur Metropolitan City, historically Patan ( sa, पाटन ''Pāṭana'', Nepal bhasa : '' Yela'', ), is the fourth most populous city of Nepal after Kathmandu, Pokhara and Bharatpur, and it is located in the south-central part of Kathmandu Valley, a new metropolitan city of Nepal. Lalitpur is also known as Manigal. It is best known for its rich cultural heritage, particularly its tradition of arts and crafts. It is city renowned for its festival and feast, fine ancient art, and the making of metallic, wood and stone carved statues. At the time of the 2011 Nepal census it had a population of 226,728 in 54,748 individual households. The city received extensive damage from an earthquake on 25 April 2015. Geography Lalitpur is on the elevated tract of land in Kathmandu Valley on the south side of the Bagmati River, which separates it from the city of Kathmandu on the northern and western side. The Karmanasa Khola acts as the boundary on the eastern side. It was develope ...
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Bhaktapur District
Bhaktapur district ( ne, भक्तपुर जिल्ला; Nepal Bhasa : ख्वप देश (जिल्ला) located in the eastern part of Kathmandu valley, is the smallest district among the seventy-seven districts of Nepal. It is part of Bagmati Province. The district, with Bhaktapur as its district headquarters, covers an area of and in 2011 had a population of 304,651 of whom 9,701 people were absent (mostly working abroad). Education The average literacy rate of Bhaktapur is 81.68, where male – 90.48 and female – 72.65 which is growing with the educational awareness among peoples. The governmental schools in Bhaktapur are making remarkable improvement in its educational quality. The government schools have been starting to facilitate students by teaching in both English and Nepali medium. Private schools too, such as CVM Secondary School, are well known for providing quality education. Despite topping other districts in SLC with highest enrolm ...
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Lalitpur District, Nepal
Lalitpur District ( ne, ललितपुर जिल्ला, a part of Bagmati Province, is one of the seventy-seven districts of Nepal. The district, with Lalitpur as its district headquarters, covers an area of and has a population (2001) of 337,785. It is one of the three districts in the Kathmandu Valley, along with Kathmandu and Bhaktapur. Its population was 466,784 in the initial 2011 census tabulation. It is surrounded by Makwanpur, Bhaktapur, Kathmandu and Kavre. Geography and climate Demographics Languages At the time of the 2011 Census of Nepal, 47% of the population in the district spoke Nepali, 30% Newari, 11% Tamang, 2% Maithili, and 10% spoke other languages as their first language. Administrative division There are six municipalities in Lalitpur District, including three Rural Municipalities and one Metropolitan city: * Lalitpur Metropolitan City * Mahalaxmi Municipality * Godawari Municipality * Konjyoson Rural Municipality * Bagmati Rural ...
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Kathmandu District
Kathmandu District ( ne, काठमाडौं जिल्ला; Nepal Bhasa: ये: जिल्ला) is a district located in Kathmandu Valley, Bagmati Province of Nepal. It is one of the 77 districts of Nepal, covers an area of , and is the most densely populated district of Nepal with 1,081,845 inhabitants in 2001, 1,744,240 in 2011 and 2,017,532 in 2021. The administrative headquarters of Kathmandu district is located in Kathmandu. Geography Kathmandu district is one of the three districts located in Kathmandu Valley, which itself is located in the hills of Bagmati Province. The district is located from 27°27′E to 27°49′E longitude and 85°10′N to 85°32′N latitude. The district is surrounded by: *East: Bhaktapur District and Kavrepalanchok District *West: Dhading District and Nuwakot District *North: Nuwakot District and Sindhupalchok District *South: Lalitpur District and Makwanpur District The altitude of the district ranges from t ...
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Kathmandu Valley
The Kathmandu Valley ( ne, काठमाडौं उपत्यका; also known as the Nepal Valley or Nepa Valley ( ne, नेपाः उपत्यका, Nepal Bhasa: 𑐣𑐾𑐥𑐵𑑅 𑐐𑐵𑑅, नेपाः गाः)), is a bowl-shaped valley located in the Himalayan mountains in Nepal. It lies at the crossroads of ancient civilizations of the Indian subcontinent and the broader Asian continent, and has at least 130 important monuments, including several pilgrimage sites for Hindus and Buddhists. There are seven World Heritage Sites within the valley. The Kathmandu Valley is the most developed and the largest urban agglomeration in Nepal with about 5 million population. The urban agglomeration of Kathmandu Valley includes the cities of Kathmandu, Lalitpur, Budhanilkantha, Tarakeshwar, Gokarneshwar, Suryabinayak, Tokha, Kirtipur, Madhyapur Thimi, Bhaktapur, etc. The majority of offices and headquarters are located in the valley, making it the economic h ...
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Merchant Banking
A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodities, particularly cloth merchants. Historically, merchant banks' purpose was to facilitate and/or finance production and trade of commodities, hence the name "merchant". Few banks today restrict their activities to such a narrow scope. In modern usage in the United States, the term additionally has taken on a more narrow meaning, and refers to a financial institution providing capital to companies in the form of share ownership instead of loans. A merchant bank also provides advice on corporate matters to the firms in which they invest. History Merchant banks were the first modern banks. They emerged in the Middle Ages from the Italian grain and cloth merchants community and started to develop in the 11th century during the large Euro ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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