NIC ASIA Capital Formally Commences Operations
NIC ASIA Capital Ltd., a wholly owned subsidiary of NIC Asia Bank Limited, was formally inaugurated jointly Dr. Rewat Bahadur Karki, Chairman, SEBON and Mr. Jagadish Prasad Agrawal, Chairman, NIC ASIA Bank Limited amidst a ceremony conducted on 5th of March, 2017 at NIC ASIA Capital Ltd. Office at Babar Mahal, Kathmandu.
Picture: Chief guests Dr. Rewat Bahadur Karki and Mr. Jagadish Prasad Agrawal officiating formal inauguration of NI C ASIA Capital Ltd.
Picture: Official opening by Chief Guests
NIC Asia Capital Limited will be providing full range of Merchant banking services like issue management, underwriting, RTS services and portfolio management to its clients. Also, NIC ASIA Capital Ltd. will be providing Depository Participant (DP) service on behalf of NIC ASIA Bank Limited.
NIC ASIA Capital has been established with consideration on the growing interest of Nepalese Investors and expansion in the scope and horizon of Capital Market. It considered being part of the parent bank’s vision towards Universal Banking Ecosystem, a system that will incorporate providing holistic financial services to serve all the financial requirements of customers.
NIC ASIA Capital Limited’s office is situated at Siddhartha Insurance Complex and is fully equipped with facilities and technology infrastructures to cater high quality customer needs. It is starting with a paid up capital of Rs 10 Crore. Its head office is located in Babarmahal, Kathmandu.
Picture: Customer friendly service space of NIC ASIA Capital Ltd.
Picture: Merchant banking counters of NIC ASIA Capital Ltd.
Picture: NIC ASIA Capital Ltd. Office Situated at Babarmahal, Kathmandu
The official opening ceremony was followed by the inauguration ceremony amidst the presence of several stakeholders and guests invited from various sectors.
Chief guests Dr. Rewat Bahadur Karki and Mr. Jagadish Prasad Agrawal extended their wishes and congratulations to the Capital along with conveying the future plans of their respective organizations.
Picture: Chief Guest Dr. Rewat Bahadur Karki addressing the audience
Picture: Mr. Jagadish Prasad Agrawal, Chairman, NIC ASIA Bank addressing audience
During the ceremony, Mr. Laxman Risal, CEO of the bank speaking to the audience and the press said that the Capital will provide competent service to the customers.
Picture: Dignitaries present in the ceremony
Picture: Mr. Laxman Risal, CEO NIC ASIA Bank addressing the audience during Inauguration Ceremony.
Chairman of NIC ASIA Capital, Mr. Sudhir Pandey stated that NIC ASIA Capital will improvise new moves in technology and service that will help to establish a service benchmark in Merchant Banking Industry of Nepal as a whole.
Picture: Mr. Sudhir Pandey, Chairman, NIC ASIA Capital Ltd. extending plans and commitment of excellence expected from the Capital in his speech