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Welcome to a collection of news about nepali banks. We are here to collect and publish news of banks that are currently operating in nepal. In Nepal we have more than 30 banks, small banks, development banks, and many more. All banks tends with some qualities.

As per our information we have been finding Nepal Rastra Bank, Nepal Bank Limited as the old banks.

For first phase we are listing banks for few days and after that we will be publishing news.

Tuesday, June 14, 2011

NIC Bank

Nepal Industrial & Commercial Bank Limited (NIC Bank) commenced its operation on 21 July 1998 from Biratnagar. The Bank was promoted by some of the prominent business houses of the country. The current shareholding pattern of the Bank constitutes of promoters holding 51% of the shares while 49% is held by the general public. NIC Bank has over 34,000 shareholders. The shares of the Bank are actively traded in Nepal Stock Exchange with current market capitalization of about NPR 10,493 million.

The Bank has grown rapidly with 34 branches throughout the country while several branches are planned to be opened this year. All branches are inter-connected through optical fiber as well as V-Sat and are capable of providing real time on-line transactions.

NIC Bank was the first commercial bank in Nepal to have received ISO 9001:2000 certification for its Quality Management System standard in the year 2006.

URL: http://www.nicbank.com.np
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