Nabil Bank
Encyclopedia
Nabil Bank Limited
Limited
Limited can refer to:* A private company limited by shares, a specific kind of limited company in Commonwealth of Nations commercial law; often used as a suffix ; formerly used for all limited companies...

 is one of the commercial bank
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...

s of Nepal
Nepal
Nepal , officially the Federal Democratic Republic of Nepal, is a landlocked sovereign state located in South Asia. It is located in the Himalayas and bordered to the north by the People's Republic of China, and to the south, east, and west by the Republic of India...

. The bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

, founded in 1984 has branches all across the nation with its head-office in Kathmandu.
Nabil Bank Limited, the first foreign joint venture bank of Nepal, started operations in July 1984. Nabil was incorporated with the objective of extending international standard modern banking services to various sectors of the society. Nabil provides a range of commercial banking services through its 44 points of representation across the country and over 170 correspondent banks across the globe. It was earlier known as Nepal Arab Bank Ltd. It has its head office at Kamaladi, Kathmandu. It has the largest no. of staffs among private commercial banks of Nepal.
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