Civil Bank Limited

Civil Bank Limited
Public
Traded as NEPSE: CBL
Industry Banking
Founded November 26, 2010
Headquarters Kamaladi, KMC-31, Kathmandu
Area served
 Nepal
Key people
 Govinda Gurung[1]CEO
Products Loans, Credit cards, Savings, Investment, Merchant banking
Website wwww.civilbank.com.np

Civil Bank Limited (CiBL)[2][3] (Nepali: सिभिल बैंक लिमिटेड; NEPSE: CBL) is a commercial bank in Nepal. Founded in 2010, the bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank[4] and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services.

The bank was established with a paid up capital of NPR 1.20 billion later raised to 2.00 billion by issuing ordinary shares. The paid up capital of the bank has since been increased to NPR 2.69 billion after distribution of stock dividends and successful acquisition of former Axis Development Bank Limited and Civil Merchant Bittiya Sanstha Limited.[5] The bank is under process of raising paid-up capital to 4.70 billion by acquiring International Leasing and Finance Company Limited. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.[6]

See also

References

  1. ↑ "Civil Bank LTD Nepal - Thinking forward, moving forward - Bank in Nepal". Civilbank.com.np. Retrieved 16 October 2017.
  2. ↑ "Civil Bank LTD Nepal - Thinking forward, moving forward - Bank in Nepal". Civilbank.com.np. Retrieved 16 October 2017.
  3. ↑
  4. ↑
  5. ↑ "Civil Bank LTD Nepal - Thinking forward, moving forward - Bank in Nepal". Civilbank.com.np. Retrieved 16 October 2017.
  6. ↑
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