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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] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as ''wealthy''. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts.Denis "Authentic Development: Is ... [...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] |
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] |
Durbar Marg
Durbar Marg or Durbarmarg ( ne, दरबारमार्ग; informally known as ''King's way'') is a broad, long avenue in the Nepali capital, Kathmandu. It can be considered the heart of the city, akin to the Champs Elysées and the chief avenues of many capitals. As it leads to the Royal Palace of Narayanhiti, it is also known the King's Way among foreigners, Durbar meaning, as in the Moghul Empire, a royal gathering or court. It is a major tourist draw, vying with Thamel. It is flanked by luxury hotels (e.g. Hotel Del' Annapurna), restaurants serving international cuisine, global shopping brand outlets in refined centres including expensive boutiques, travel agencies, a couple of embassies and commercial banking headquarters and premium real estate such as international airline offices. Location/History A statue of King Mahendra, father of King Birendra stands in the center of the roundabout at the junction of Durbar Marg with Jamal maintained by Hotel Del' Annapurna. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Binod Chaudhary
Binod Chaudhary ( ne, विनोद चौधरी; born 14 April 1955) is a Nepalese billionaire businessman, politician and philanthropist. He is the chairman and president of the Chaudhary Group (CG). In February 2013, he was recognised as Nepal's wealthiest person and only billionaire, having an estimated net worth of $1 billion. Since 2013, his net worth has risen to $1.7 billion. Besides his business, which focuses on distribution, retail, leisure and manufacturing, he has done charity work, bookwriting, and filmmaking. Early life Binod Kumar Chaudhary was born in Kathmandu, Nepal, to a Marwari family. His grandfather, Bhuramal Das Chaudhary, was an entrepreneur who started a textile business. His father was also a businessman who further developed his grandfather's business. Early in his career, Chaudhary chose to pursue further education rather than join the family business. Chaudhary credits his grandfather and father as inspirations. He is a fan of Bolly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a secur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services (fixed income instruments, currencies, and commodities) or research (macroeconomic, credit or equity research). Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket (upper tier), Middle Market (mid-level businesses), and boutique ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Durbar Marg
Durbar Marg or Durbarmarg ( ne, दरबारमार्ग; informally known as ''King's way'') is a broad, long avenue in the Nepali capital, Kathmandu. It can be considered the heart of the city, akin to the Champs Elysées and the chief avenues of many capitals. As it leads to the Royal Palace of Narayanhiti, it is also known the King's Way among foreigners, Durbar meaning, as in the Moghul Empire, a royal gathering or court. It is a major tourist draw, vying with Thamel. It is flanked by luxury hotels (e.g. Hotel Del' Annapurna), restaurants serving international cuisine, global shopping brand outlets in refined centres including expensive boutiques, travel agencies, a couple of embassies and commercial banking headquarters and premium real estate such as international airline offices. Location/History A statue of King Mahendra, father of King Birendra stands in the center of the roundabout at the junction of Durbar Marg with Jamal maintained by Hotel Del' Annapurna. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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