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NEPAL BANK LIMITED
Nepal Bank Limited (NBL) , the first bank of Nepal proudly holds the glory of marking the formal beginning of banking system in Nepal. Nepal Bank Limited was established as FIRST bank of Nepal on Kartik 30, 1994 (November 15, 1937 A.D.) under Nepal Bank Act 1937. The bank was established with an authorized capital of Rs.10 million, issued capital of Rs.2.5 million and paid up capital of Rs.0.842 million. The share held by government and private sector was 60% and 40% respectively.
Glance of NBL in 1994 B.S.
Paid up Capital
Rs.0.842 million
No. of Shareholders
10
Total Deposit
Rs.1.7 million
Total Loan
Rs.1.98 million
No. of Employees
12
Noteablly, Nepal Bank Limited was inaugurated by King Tribhuvan with supportive vision of Prime Minister Juddha Shumsher Jung Bahadur Rana to institutionalize formal banking system in Nepal. Before the establishment of NBL, all monetary transactions were carried out by private dealers and trading centers. It was the time when there was no trust for such formal banking system. This reflected in under subscription of shares (OnlyRs.0.842 million could be raised out of floated capital of Rs.2.5 million). Raising deposit and mobilizing the collected deposit was even more difficult.
Absence of any bank in Nepal was hampering the economic progress of the country. This was taken into consideration by Nepal Bank Limited with key focus on overcoming such economic hamper and difficulties of general public. This was initiated by providing banking services to people removing their inconvenience. This objective got better and bigger with the time.
CORPORATE VISION
To be the most preferred bank of the Nation with complete banking solutions.
MISSION STATEMENT
Nepal Bank collaborates with its customers while designing, developing, and delivering banking solutions to satisfy the interest of all stakeholders by efficiently leveraging cutting-edge technology. The bank endeavors to be ethical in product offering, responsive in operation, and trustworthy in ensuring security to protect its own and customers' interests.
VALUE STATEMENT
The followings are the core values (BREED) of the bank:
B: BEHAVE WITH DIGNITY AND RESPECT
R: RESPONSIBLE
E: ETHICAL
E: EMPOWER EMPLOYEES
D: DEVOTE FOR INNOVATIONS
GOAL
In line with the Vision and Mission Statements, the bank's goal is "To Achieve secured and sustainable business growth to attain larger market share" through enhancing Operational Efficiency and Customer Service, Increasing HR Productivity, and Risk Management System.
facebook page link : / rokayajiban111
Our other Banking Vedios
1)Nepal Rastra Bank Related All Mcq : www.youtube.co....
2)Sampati Suddhikarn Niwaran Act 2064 : www.youtube.co....
3) Rbb most important mcq : www.youtube.co....
4) offance and punishement act 2064 offince : www.youtube.co....
5) know Your customer : www.youtube.co....
.6) सञ्चालक समितिको गठन र काम कर्तब्य र अधिकार : www.youtube.co....
7) Economic Growth : www.youtube.co....
.8) Important for RBB NBL and NRB :www.youtube.co....
9) |नेपालको बैंकिङ्ग ईतिहास : www.youtube.co....
10) NRB Function || Audio Note || Nepali medium www.youtube.co....
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