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Banks
in Nepal |
Nabil bank
Himalayan Bank Ltd
ATM, Credit Cards, money and all banking services
Rastriya Banijya
Bank
fully government owned & largest commercial bank in Nepal. provides
various banking services to a wide range of customers including banks,
insurance companies, industrial trading houses, airlines, hotels, and
many other sectors. RBB has Nepal's most extensive banking network with
over 113 branches.
Siddhartha bank limited
Offers US
dollar saving account with high return
Global
Bank
Machha Puchchhre bank
registered
in 1998 is the first commercial bank in the western part of the Kingdom
of Nepal having head office in Pokhara
Bank of Kathmandu
Laxmi Bank
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Financial institutions |
Hama finance
Good deposit
schemes, 1 year fixed
7%, 3 year even 8%
Alpic everest finance
Central finance company
Everest finance
Ime Financial
institution
National finance Co.
Annapurna finance
company
Nawa Durga Finance Co
NB Finance Ltd
Business Development
Finance Inst.
Nawa Kantipur
Deposit and loan schemes |
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News item 26-02-2008 |
Nepali banking sector is in
no way lagging behind its
South Asian counterparts.
Nabil bank
has proved it by becoming
the first bank in Nepal to
receive an international
rating.
Dun & Bradstreet
(D&B), one of the leading
credit rating agencies that
has rated the top South
Asian banks, rated Nabil
5A(2) — that indicates it to
be a financially sound
institution with a
consistent performance
record. With a tangible net
worth of approximately Rs 2
billion, Nabil bank is
poised towards steady growth
with its current size, reach
and vision of the present
management. “In the D&B
Rating system the 5A is a
reflection of the size of
the bank and 2 is a rating
given on a scale of 1 to 4,
with 1 being the best,” said
Saikat Poddar, regional
sales director of D&B
handing over the Impact
Report to Anil Shah, CEO of
the bank. “The business
analyses team of D&B has
observed that Nabil has one
of the lowest NPA levels in
the industry that
demonstrates good credit
management. However it needs
to step-up its profit
retention ratio and
incorporate advanced risk
management systems in order
to meet the envisaged growth
path,” Poddar added. D&B —
that has an impeccable
global reputation for
ratings of institutions
around the world — completed
a comprehensive company
review of Nabil and
presented company impact
report and a D&B Rating of
the bank today. “This is a
pioneering step taken by
Nabil bank and yet
another milestone in our
surge ahead to be Nepal’s
Bank of 1st Choice,”
Shah said, adding that in
its surge ahead Nabil needs
to benchmark itself against
highest of international
standards and continuously
look at what it does to
improve itself.
More
information about the Nabil
bank's international rating
Other banking news and
articles:
Vibor Bikas Bank
launches Vibor Super
Yield Deposit
(14-12-2007)
Makwanpur Agriculture
Development Bank
provides new loans for
unemployed (29-11-2007)
Garima Development Bank
Limited opens in Waling
Bazaar (24-11-2007)
Nepal bank back on track
(16-11-2007)
Everest bank starts
mobile banking
(27-9-2007)
Nepal Bank begins
remittance service
(26-9-2007)
Excel
Development Bank issues
shares (20-8-2007)
Rastriya
Banijya Bank reports
profit (17-8-2007)
Ace Finance Company
upgraded to Ace
Development Bank
(15-8-2007)
birat
laxmi development bank
issues shares (8-8-2007)
Profit Capital Merchant
Banking & Finance
(27-7-2007)
Nbbil
bank provides dividend
(15-7-2007)
Total deposits at the
banking sector grew by
over 10 percent
(24-6-2007)
ADBL
reduces non performing
loans (8-6-2007)
banks move to rural
areas (3-6-2007)
Salaries of Nepali
bank's CEOs (5-5-2007)
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Easy
money and Nepali loans
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