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Nepal Investment Mega Bank
Nepal Investment Mega Bank Limited(NIMB) is one of the leading commercial banks of Nepal. Previously known as Nepal Investment Bank Ltd., the bank was established in 1986 as a joint venture between Nepalese and Credit Agricole Indosuez. The Nepalese investors bought all the shares of French company i.e. 50% in 2001. It was merged with Mega Bank Nepal in 2023 and started joint operation from January 11, 2023, with the name Nepal Investment Mega Bank Limited. Ownership structure The Bank currently has a paid-up capital of Nepalese Rupees Rupee (, ) is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Afr ... 34.13 Billion (as of FY 2023/24) *Promoter Group -79.45% *General Public - 20.55% Subsidiaries The bank's subsidiaries are as follows: * NIMB Ace Capital Limited. * NIMB Stock Markets. External li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), 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 so 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 Kin ... [...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 totaled . NEPSE opened its trading floor on 13 January 1994. 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 members and market intermediaries, such as Brokers, Market Makers, etc. Individuals can open trading account from broker and trade from the broker's website. 245 companies are listed on the exchange, from different Industry Sectors like BFIs, Hydro-Power, Manufacturing, Life and Non-Life Insurance, Hotels and Tourism, etc. The Exchange has 92 registered brokers as of March 2025. The scripts are categorized on 16 sectors on NEPSE as follows. *Preference Share *Commercial Banks *Corporate Debenture *Development Banks *Finance Companies *Hotel & Tourism *Hydropower *Investment *Life Insurance *Manufacturing & Processin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Durbar Marg
Durbar Marg or Durbarmarg (; 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 (court), 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, 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. The ancient settlement of J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kathmandu
Kathmandu () is the capital and largest city of Nepal, situated in the central part of the country within the Kathmandu Valley. As per the 2021 Nepal census, it has a population of 845,767 residing in 105,649 households, with approximately 4 million people in the surrounding metropolitan area. The city stands at an elevation of 4,344 feet (1,324 metres) above sea level. Recognized as one of the oldest continuously inhabited places in the world, Kathmandu's history dates back to the 2nd century AD. Historically known as the ''Nepal Mandala'', the valley has been the cultural and political hub for the Newar people, a significant Civilization, urban civilization in the Himalayas, Himalayan region. Kathmandu served as the royal capital of the Kingdom of Nepal and is home to numerous palaces, temples, and gardens reflecting its rich heritage. Since 1985, it has hosted the headquarters of the South Asian Association for Regional Cooperation (SAARC). Today, Kathmandu remains the epice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nepal
Nepal, officially the Federal Democratic Republic of Nepal, is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain. It borders the Tibet Autonomous Region of China China–Nepal border, to the north, and India India–Nepal border, to the south, east, and west, while it is narrowly separated from Bangladesh by the Siliguri Corridor, and from Bhutan by the States and union territories of India, Indian state of Sikkim. Nepal has a Geography of Nepal, diverse geography, including Terai, fertile plains, subalpine forested hills, and eight of the world's ten List of highest mountains#List, tallest mountains, including Mount Everest, the highest point on Earth. Kathmandu is the nation's capital and List of cities in Nepal, its largest city. Nepal is a multi-ethnic, multi-lingual, multi-religious, and multi-cultural state, with Nepali language, Nepali as the official language. The name "Nepal" is first record ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prithvi Bahadur Pande
Prithvi Bahadur Pandé () is the chairman of Nepal Investment Mega Bank Limited (NIMB). He is one of the most renowned bankers of Nepal, a pioneer in the commercial banking sector, who took over the French managed Indo-Suez Bank and successfully operated it for more than 15 years. He was an employee of Nepal Rastra Bank and had worked as director of Rastriya Banijya Bank and Himalayan Bank Limited before leading Nepal Investment Bank in 2001 through foreign investment. On 23rd General Assembly of Nepal Bankers Association(NBA), he was felicitated for making a remarkable contribution for the development of Nepalese banking sector. He is also Chairman of Chhaya Center, which is a multi-stored commercial building located in Thamel, hosting the world-renowned Starwood's Aloft Hotels, a five star hotel in Thamel. Family He was born as third son to diplomat-historian Sardar Bhim Bahadur Pande and Chhaya Devi and is the eighth descendant of Kaji of Gorkha Kingdom, Kalu Pande. He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chairman
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's business in an orderly fashion. In some organizations, the chair is also known as '' president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. The term chairman may be used in a neutral manner, not directly implying the gender of the holder. In meetings or conferences, to "chair" something (chairing) means to lead the event. Terminology Terms for the office and its holder include ''chair'', ''chairman'', ''chairwoman'', ''chairperson'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chair of a parliamentary chamb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts Deposit account, 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. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, 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 accounting liquidity, 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 o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is near Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations averag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Banks
A commercial bank is a financial institution that accepts Deposit (finance), deposits from the public and gives loans for the purposes of consumption and investment to make a Profit (economics), profit. It can also refer to a bank or a division of a larger bank that deals with wholesale banking to corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks. Commercial banks include private sector banks and public sector banks. However, central banks function differently from commercial banks, despite a common misconception known as the "bank analogy". Unlike commercial banks, Central bank, central banks are not primarily focused on generating profits and cannot become insolvent in the same way as commercial banks in a fiat currency system. History The name ''bank'' derives from the Italian language, Italian word ''banco'' 'desk/bench', used during the Italian Renaissance era by Florence, Florentine bankers, who used to carry out their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Agricole Indosuez
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. The resources provided by the first party can be either property, fulfillment of promises, or performances. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
