Nepal Industrial & Commercial Bank Limited (NIC Bank),
which commenced operation on 21st July 1998, is the first commercial bank in the country to be capitalized at Rs. 500 million. The Bank which has been in profitable operation from its inception, has managed robust growths in its overall business and profitability during the recent years. The Bank offers a complete suite of commercial banking products and services including transaction banking, international trade finance, business banking, project finance, corporate banking and consumer banking. NIC Bank is one of the most widely held banking companies in Nepal with close to 35,000 shareholders...........
NIC Bank has an Authorised Capital of Rs. 1,000 million with paid-up capital of Rs. 660 million. The promoter group holds 65% of issued capital amounting to Rs. 429 million ......