National Finance Ltd was incorporated on August 30th 1992. The main objectives of the company as stated in the Memorandum of Association include, inter alia.
a. To collect the isolated small deposit from various parts of Nepal.
b. To carry on the business of
1. Financing of fixed and working capital requirement.
2. Leasing of Industrial machinery and equipment.
3. Hire Purchase of consumer goods machine and equipment and vechiles.
4. Merchant Banking services such as portfolio management , issue management, market making, underwriting, syndicate financing, corporate counseling, participate in syndication.
However the operation was commenced on 10 May 1993 and the present core business of the company is in the area of hire purchase loan, indusatrial fixed and working capital loan, security finance, trading loans, housing loan etc.
The company has been promoted by
various organizations and professionals. Likes Salt Trading Corporation Ltd, Nepal Vegetable Ghee Industries Ltd, Mr Bramha Lal Shrestha, Late Mr Nirmal Dass Manandhar, Mr Mahesh Lall Pradhan, Mr Laxmi Dass Manandhar, Hotel Sherpa, Mr R.K. Manandhar.
The Company has successfully completed 14 years of its operation. It is one of the leading fin ance company in Nepal. Following there is general information of us.
| Address |
Pako Newroad |
| Phone |
4-240134, 228380 |
| Email: |
nfc@nfcl.wlink.com.np |
| URL |
www.nationalfinanceltd.com |
| Managing Director |
Mr. Gynendra Prasad Shrestha |
| General Manager |
Mr. Rajendra Man Shakya |
| Established Date |
1992 |
| Listing Date |
1993 |
| Share holding pattern in % |
| Promoters |
60.0 |
| General Public |
40.0 |
|
| Number of general share holders around 1500 |
