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JV Bank

1. The document lists details of 7 joint venture commercial banks operating in Nepal as of July 2010, including their dates of operation, paid up share capital, and foreign partners. 2. It also lists details of 2 joint venture finance companies operating in Nepal, including their dates of operation and paid up share capital. 3. Finally, it provides information on 6 joint venture insurance companies in Nepal, listing their paid up share capital, foreign share percentage, and foreign partners.

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Dilip Kumar Shrestha
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60 views1 page

JV Bank

1. The document lists details of 7 joint venture commercial banks operating in Nepal as of July 2010, including their dates of operation, paid up share capital, and foreign partners. 2. It also lists details of 2 joint venture finance companies operating in Nepal, including their dates of operation and paid up share capital. 3. Finally, it provides information on 6 joint venture insurance companies in Nepal, listing their paid up share capital, foreign share percentage, and foreign partners.

Uploaded by

Dilip Kumar Shrestha
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Joint Venture Commercial Banks

As of July 2010
S. N. Bank 1. 2. 3. 4. 5. 6. 7. Nepal SBI Bank Ltd. Everest Bank Ltd. NABIL Bank Ltd. Standard Chartered Bank Nepal Ltd. Nepal Bangladesh Bank Ltd. Himalayan Bank Ltd. NMB Bank Ltd. Date of Operation 2050-3-23 2051-7-1 2041-3-29 2043-10-16 2051-2-23 2049-10-5 2065-2-20 Paid Up Share Foreign Capital Share (Rs. in Million) (%) 877.4 50 831.4 20 689.2 50 620.8 75 744.1 1013.5 1000.0 25 20 15 Foreign Bank State Bank of India; India Punjab National Bank; India National Bank Ltd.; Bangladesh Standard Chartered Grind Lays Bank Ltd.; Australia & UK. IFIC Bank; Bangladesh Habib Bank Ltd.; Pakistan Young Lien Reality SDN BHD; Malaysia

Joint Venture Finance Companies


As of July 2010
S. N. 1. Finance Company International Leasing & Finance Co. Ltd. Nepal Sri Lanka Merchant Banking & Finance Ltd. Date of Operation 2052-7-14 Paid Up Share Capital (Rs. in Million) 144.0 Foreign Share % 20.83 Foreign Company KDB Capital Corporation Ltd., Korea & International Finance Corporation --

2.

2052-10-21

--

--

Note: * Previous Nepal Merchant Banking and Finance Ltd are upgraded from Finance company to NMB Bank Ltd. Source: Nepal Rastra Bank.

Joint Venture Insurance Companies


As of July 2010
Paid Up Share Capital (Rs. in Million) 250.00 30.00 56.10 ---Foreign Share % 55 10 20 ----

S. N. 1. 2. 3. 4. 5. 6.

Insurance Company Life Insurance Corporation (Nepal) Ltd. National Life & General Insurance Co. Ltd. Sagarmatha Insurance Co. Ltd. American Life Insurance Company (ALICO) National Insurance Co. Ltd. The Oriental Insurance Company Limited

Foreign Company Life Insurance Corporation, India Mr. Alexander Howden, UK Ceylinco Insurance Co., Sri Lanka Branch Office of American Life Insurance Co., USA Branch Office of the National Insurance Co. Ltd., India Branch Office of the Oriental Insurance Co. Ltd., India

Source: Insurance Board, Nepal.

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