Proposal: INTRODUCTION-A Brief Profile Of NABIL Bank Ltd.

Nabil, previously known as “Nepal Arab Bank Ltd” the first foreign joint venture bank of Nepal, started operations in July 7, 1984. Nabil was incorporated with the objective of extending international standard modern banking services to various sectors of the society. Nabil provides a range of commercial banking services through its 52 points of representation across the country and over 170 correspondent banks across the globe. It was earlier known as Nepal Arab Bank Ltd. It has its head office located at Nabil Center, Durbar marg, which is also a premium location of the capital. It has the largest staff among private commercial banks of Nepal.

NABIL Bank ltd has 52 branches and points all around the Nepal. The banks has provided several services through those branch and points to its customer. And the bank has a holding bank named “NABIL INVESTMENT Banking ltd.”

Total share of NABIL Bank Ltd are subscribed as follows:

·        Foreign Holding                               50%

·        Group of Companies                   10.24%

·        General Public                                  30%

·        Others (Listed shares)                     9.76%

                                                                        100%

Share Capital of NABIL Bank Ltd

Authorized Capital

37,000,000 Ordinary Shares @ Rs. 100 each                              3,700,000,000

Issued Capital

36,576,540 Ordinary Shares @ Rs. 100 each                              3,657,654,000

Paid up Capital

36,576,540 Ordinary Shares @ Rs. 100 each                              3,657,654,000

(This year bank has offered 10,972,962

Bonus Share to its shareholders)

Service Offered By NABIL Bank Limited

NABIL Bank Limited offers various types of services to its valuable customers which promotes bank competitiveness, credit worthiness and attraction.

Some services and technologies which are provided by NABIL Bank Limited are as follows :

a)     Accept Deposits :

- Saving, Current Deposit, Fixed Deposit, Call Deposit, Recurring.

b)     Loan Scheme :

- NABIL Bank Limited provides home loan, vehicle loan, educational loan, mortgage loan, mortgage plus loan, doctor plus, teacher plus, overdraft against shares, SME loan for small & medium enterprises.

                                 

c)     Anywhere banking facilities.

d)     Safe deposit locker,

e)     Mobile wallet, Utility bill Payment

f)      24hrs ATM services, Debit card, Credit card, USD Card.

g)     Remittance, Western Union Money Transfer, SWIFT

h)     Other various facilities for corporate.

NABIL Bank Ltd has altogether 52 branches, and a holding bank.