Nepal Infrastructure Bank Limited
 | This article needs additional citations for verification. (January 2021) |
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| Company type | Public |
|---|---|
| NEPSE: 2919 | |
| Industry | Bank |
| Founded | June 18, 2018 |
| Headquarters | Baneshwor Kathmandu , |
Key people | Mr. Krishna Bahadur Adhikari CEO[1] |
Number of employees | 45 [2] (2022) |
| Website | www |
Nepal Infrastructure Bank Limited (NIFRA) was founded with the primary objective of propelling the nation's infrastructure development. Its focus lies in investments in sustainable infrastructure and various productive sectors. [3][4][5] The inception of this dedicated infrastructure development bank was driven by the recognized need within Nepal, prompting the Government of Nepal (GoN) and Nepal Rastra Bank to pave the way for its establishment through the Annual Budget for the Fiscal Year 2015/16 and the subsequent Monetary Policy of that year. As a result, Nepal Infrastructure Bank Limited was officially registered under the Ministry of Industry and Commerce, Company Registrar’s Office on June 8, 2018. It holds the distinction of being the first national-level infrastructure development bank in Nepal, fostered by the collaborative efforts of the Government of Nepal, Banks and Financial Institutions (BFIs), Life and Non-life Insurance companies, various prominent private sector entities, and a dedicated team of entrepreneurs.
Share Holding Partnership
[edit]- Nepal Government: 10%
- Private Investors: 10%
- Public Companies: 40%
- General Public: 40%
- Public Shares: Can be traded in NEPSE
References
[edit]- ^ "Management Team of NIFRA". Nifra Official Website.
- ^ "Nepal Infrastructure Bank Appoints Ram Krishna Khatiwada". Investopaper.com.
- ^ "Nepal Infrastructure Bank issuing 80 million units IPOs from today". My Republica.
- ^ "Nepal Infrastructure Bank opens". kathmandupost.com.
- ^ "Appointment of NIBL Ace Capital as the IPO Shares Issue Manager of Nepal Infrastructure Bank Limited. • NIBL Ace Capital Limited". NIBL Ace Capital Limited. January 17, 2020.
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