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Nepal Bangladesh Bank
Nepal Bangladesh Bank Ltd. ( ne, नेपाल बाङ्लादेश बैंक) also known as NBB ( ne, एन.बी.बी.) or NB Bank was a public owned commercial bank in Nepal. It was established in June 1994 with an authorized capital of Rs. 240 million and paid up capital of Rs. 60 million as a joint venture Bank with IFIC Bank of Bangladesh. The Nabil Bank Ltd. successfully acquired Nepal Bangladesh Bank Ltd. hence starting a joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ... from 11 July 2022. The bank will further operate in the name of Nabil Bank Limited. Its head office is at Kamaladi-28, Kathmandu. It had a network of 111 branches, 8 Extension Counters, 5 Branchless banking, and 87 ATM terminals. It also provides e-banking and mobile bankin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nepal
Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain, bordering the Tibet Autonomous Region of China to the north, and India in the south, east, and west, while it is narrowly separated from Bangladesh by the Siliguri Corridor, and from Bhutan by the Indian state of Sikkim. Nepal has a diverse geography, including fertile plains, subalpine forested hills, and eight of the world's ten tallest mountains, including Mount Everest, the highest point on Earth. Nepal is a multi-ethnic, multi-lingual, multi-religious and multi-cultural state, with Nepali as the official language. Kathmandu is the nation's capital and the largest city. The name "Nepal" is first recorded in texts from the Vedic period of the India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IFIC Bank
govt shaere:35% The International Finance Investment and Commerce Bank Limited is a first generation Bangladeshi private commercial bank. The bank is ensuring cutting edge service with skilled workforce and revolutionary fintech support through more than 695 hundred modern business centers (Branches and Sub branches). It has extended its global corporate footprint in the form of Joint ventures and subsidiaries in Nepal, Oman and the UK History International Finance Investment and Commerce Bank Limited (IFIC Bank) is a banking company incorporated in the People's Republic of Bangladesh with limited liability. It was set up at the instance of the Government in 1976 as a joint venture between the Government of Bangladesh and Sponsors in the private sector with the objective of working as a finance company within the country and setting up joint venture banks/financial institutions aboard. In 1983 when the Government allowed banks in the private sector, IFIC was converted into a ful ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nabil Bank
Nabil Bank Limited ( ne, नबिल बैंक लिमिटेड; previously known as Nepal Arab Bank Limited) is the first private commercial bank in Nepal. Founded in 1984, the bank has branches across the nation and its head office in Durbar Marg, Kathmandu. It began as the first bank in Nepal incepted by multinational (primarily foreign) investors (as Nepal Arab Bank Ltd) on 12 July 1984. The bank was incorporated with the objective of providing modern, international-standard financial services to businesses. Its Dubai government-owned majority share was purchased in 1995 by Nepal's only billionaire businessman, Binod Chaudhary. It maintains its head office at its Nabil Center, Durbar Marg flanking the chief avenue of the capital ''The Capital'' (also known as ''Capital Gazette'' as its online nameplate and informally), the Sunday edition is called ''The Sunday Capital'', is a daily newspaper published by Capital Gazette Communications in Annapolis, Maryl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nabil Bank Limited
Nabil Bank Limited ( ne, नबिल बैंक लिमिटेड; previously known as Nepal Arab Bank Limited) is the first private commercial bank in Nepal. Founded in 1984, the bank has branches across the nation and its head office in Durbar Marg, Kathmandu. It began as the first bank in Nepal incepted by multinational (primarily foreign) investors (as Nepal Arab Bank Ltd) on 12 July 1984. The bank was incorporated with the objective of providing modern, international-standard financial services to businesses. Its Dubai government-owned majority share was purchased in 1995 by Nepal's only billionaire businessman, Binod Chaudhary. It maintains its head office at its Nabil Center, Durbar Marg flanking the chief avenue of the capital ''The Capital'' (also known as ''Capital Gazette'' as its online nameplate and informally), the Sunday edition is called ''The Sunday Capital'', is a daily newspaper published by Capital Gazette Communications in Annapolis, Maryl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1994
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
