Nabil Bank
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| Type | Public |
|---|---|
| NEPSE: 131 | |
| Industry | Banking |
| Predecessor | Nepal Arab Bank Limited |
| Founded | July 12, 1984 |
| Headquarters | Nabil Center, Durbarmarg, Kathmandu , |
Area served | Nepal |
Key people | Anil Keshari Shah (CEO) |
| Products | Banking |
Number of employees | 889 |
| Website | nabilbank |
Nabil Bank Limited (Nepali: नबिल बैंक लिमिटेड; NEPSE: 131 previously known as Nepal Arab Bank Limited) is a commercial bank in Nepal. Founded in 1984, the bank has branches across the nation and its head office in Kathmandu.
It began as the first bank in Nepal incepted by multinational (primarily foreign) investors (as Nepal Arab Bank Ltd) on 12 July 1984. The bank was incorporated with the objective of providing modern, international-standard financial services to businesses. It is the nation’s first private sector bank, commencing its business in Nepal.
Its Dubai government-owned majority share was purchased in 1995 by Nepal's only billionaire businessman, Binod Chaudhary. It maintains its head office at its Nabil Center, Durbar Marg flanking the chief avenue of the capital leading to its grand palace. It has the largest staff of private commercial banks in Nepal.[1] Nabil Bank operates through its wide network of 135 branch offices, 183 ATMs, numerous POS terminals, remittance agents spread across the nation. The Bank also has over 170 international correspondent banking relationships. Nabil Bank operates its investment banking arm through its subsidiary Nabil Investment Banking Ltd.[2]
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- Banks of Nepal
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- 1984 establishments in Nepal
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