The First Bank of Nepal, Nepal Bank Entered the 87th Year, how much Paid up Capital has Reached?

Kathmandu : Nepal Bank, the first bank of Nepal, has entered its 87th year after completing 86 years. The bank was established in public private partnership (PPP) model with 10 investors with 842 thousand paid up capital, 1700 thousand deposits and 1900 thousand investment.

The bank, which was started by 10 investors in the Public Private Partnership (PPP) model, had a paid-up capital of 842 million and deposits of 170 million, while the investment was 190 million amount.

Nepal Bank’s paid-up capital, which started 87 years ago with 842 million rupees, now stands at 14.69 billion. By the end of Bikram Samvat 2080 Ashad, the bank has collected 2 trillion 44 billion deposits and provided 1 trillion 84 billion loans.

The reserve fund of this bank, which is increasing in operating profit every year, has 21.88 billion rupees, while the capital adequacy ratio is 14.49 percent and the net worth is more than 36.58 billion.

The reserve fund of this bank, which is increasing in operating profit every year, has 21.88 billion rupees, while the capital adequacy ratio is 14.49 percent and the net worth is more than 36.58 billion.

The historical banking heritage accumulated over a century of experience played a role in facilitating the circulation of Nepali currency and Nepali notes.

Nepal Bank also performed the functions of the country’s central bank from the time of its inception until the year 2012 before the establishment of the National Bank.

According to the bank, this bank has a strong relationship with the Nepali soil and every Nepali people and has become the choice of all children, youth, adults and senior citizens.