Introduction

Nepal Bank Limited, The first bank of Nepal was established in November 15, 1937 A.D (Kartik, 30, 1994). It was formed under the principle of Joint venture (Joint venture between govt. & general public). NBL's authorized capital was Rs. 10 million & issued capital Rs. 2.5 million of which paid-up capital was Rs. 842 thousand with 10 shareholders. The bank has been providing banking through its branch offices in the different geographical locations of the country. 

Corporate Vision: 
"Pioneer Bank with complete banking solution" 

Mission Statement: NEW 

"Pioneer Bank with complete banking solution" 

Mission Statement: NEW 

Network for inclusion: Use bank's network to increase its reach all over the country from urban areas to rural areas and help in improving the lifestyle of rural population and in turn become the bank of choice of corporate, medium businesses and rural market

Enhancing the value: To employees, shareholders, government and customers

World class banking services: Provide world class banking services by achieving excellence in customer service and adopting high level technology standards 

Values Statement: SPIRIT 
Segmented business approach: For risk management and enhancement of efficiency

Partnership: With all stakeholders including the Government, employees, shareholders and customer

Innovation: Of business areas and processes for providing Advanced banking services, and enhance competitiveness

Responsiveness: responding to the changing need of the market/society/business on timely basis

Integrity: Uphold trustworthiness and business ethics in the business process

Total banking solutions: To cater the need of all sections of society

Nepal bank limited

Objectives: 
Nepal Bank Limited has the following objectives:

Nepal Bank Limited has the following objectives:

• Focus on building the positive net worth and meeting minimum capital requirement over the coming five years.
• Focus on increasing the customer base and market share.
• Maximize the potential/efficiency of bank's staff.
• Focus on minimizing the risk associated with the business.
• Focus on providing the world class business solutions.
• Focus on increasing the sustainable profit.

Shareholding Composition 

S.N	Ownership	Percent
1	Government of Nepal	62.21
2	General Public	37.79
	Total	100

NBL Network Overview 

Province wise branches	No of Branches
Province 1	30
Province 2	29
Province 3	43
Province 4	21
Province 5	19
Province 6	6
Province 7	6
Total no of Branches*	154

No. of Staff: 2356 (As of May 3, 2016)

No. of computerized branches: 154

Branches under single computer network: 154 (As of Dec 13, 2018)

Composition of Board Of Directors 

The Board of Directors of Nepal Bank Limited is chaired by Mr. Janardhan Sharma Acharya, representative from Ministry of Finance, 3 members are appointed by Ministry of Finance, 1 member is professional director appointed by Ministry of Finance, and 2 members are elected from the public shareholders. 

History

His Majesty King Tribhuvan inaugurated Nepal Bank Limited on Kartik 30,1994 Bikram Sambat. This maarked the beginning of an era of formal banking in Nepal. Until then all monetary tractions were carried out by private dealers and trading center.

Then Prime Minister Maharaja Juddha Shumsher J.B.R. speaking on the occasion with the kind permission of His Majesty the King stated this work which is being done in the larger interest of the nation is a great moment for me. Until today a bank could not be opened in Nepal. Therefore this bank, which is being established under the name of Nepal Bank Limited to fill that, need and to be inaugurated by His Majesty the King, is a moment of great joy and happiness.

The Bank's objectives to render service to the people whether rich or poor and to contribute to the nation's development will also need the support and best wishes of all, which I am confident will be forthcoming.

In that era, very few understood or had confidence in this new concept of formal banking. Rising equity shares were not easy and mobilization of deposits even more difficult. This was evident when the bank floated equity shares worth NRs. 2,500,000, but was successful only in raising NRs. 842,000. ↕↕

In the absence of any bank in Nepal the economic progress of the country was being hampered and causing inconvenience to the people and therefore with the objective of fulfilling that need by providing service to the people and for the betterment of the country, this law in hereby promulgated for the establishment of the Bank and its operation

The total deposits for the first year was NRs. 17,02,025 where current deposits was about NRs. 12,98,898 fixed was about NRs. 3,88,964 and saving was NRs. 14,163. Loan disbursed and outstanding at the end of the first year was NRs. 1,985,000.

From the very conception and its creation, Nepal Bank Ltd, was as joint venture between the government and the private sector. Out of 2500 equity shares of NRs. 100 face value, 40% was subscribed by the government and the balanced i.e. 60% was offered for the sale to private sector. There were only 10 shareholders when the bank first started.