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The bank commenced its operations in January 1993. Himalayan Bank is also the first commercial bank of Nepal with most of its shares held by the private sector of Nepal. The bank has its head and corporate office at Kamaladi, Kathmandu. Mr. Ashoke SJB Rana is the Chief Executive Officer of the Bank.
The Nepal Rastra Bank has licensed 107 BFIs [clarification needed] as of mid-July 2024. This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank and their branches/ extension counters.
The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. As of August 2024, the Market Capitalization of the companies listed on NEPSE totaled रू 500,475.6 crore (US$36 billion). [3]
Location of Nepal. Nepal is a landlocked central Himalayan country in South Asia.It has a population of 29 million and is the 93rd largest country by area. [1] [2] Kathmandu is the nation's capital and largest city.
Commercial banks are 'A' Class Financial Institutions in Nepal. Nepal Bank Limited is the first & oldest Commercial bank in Nepal established in 1937 AD with government and private investment.Commercial Bank mainly provide facilities to their customer like Deposits, Loans, Mobile Banking, Remittance.
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Securities Board of Nepal (SEBON) (Nepali:नेपाल धितोपत्र बोर्ड) is the regulator of securities market in Nepal. It was established on June 7, 1993 after the first amendment in the Securities Exchange Act 1983. [1]
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