Civil_Bank_Limited

Civil Bank

Civil Bank

Commercial bank in Nepal


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.

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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. "key people". Civilbank.com.np. Retrieved 16 October 2017.
  2. "Civil Bank LTD.'s Personalized Page". www.nepalsharemarket.com. Archived from the original on 13 March 2013. Retrieved 17 January 2022.
  3. "Nepal Rastra Bank - Central Bank of Nepal". Archived from the original on 2018-10-19. Retrieved 2018-11-23.
  4. "Nepal Stock Exchange Ltd". Archived from the original on 2016-03-22. Retrieved 2016-04-02.

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