We understand different industries have different operating cycles and so do their requirement for working capital. Our overdraft credit limits are tailored to suit general and industry specific current assets management, at competitive rates.
Last Updated Date: May 17, 2022
Nabil Bank Limited is the first private sector bank in the nation and has been operating since July 1984. With the aim of expanding the international standard of modern banking services to different segments of society, Nabil was integrated. In pursuing its goal, through its 118 points of representation, Nabil Bank offers a full range of commercial banking services. In addition to this, Nabil has a presence throughout the nation through over 1500 Nabil Remit agents. As a leader in the introduction of many revolutionary products and marketing concepts in the domestic banking industry, Nabil started a period of modern banking with customer loyalty calculated as a focal target while doing business. A highly skilled and seasoned management team oversees the bank's affairs, including day-to-day affairs and risk management. The bank is completely equipped with advanced technology, including international standard banking applications enabling e-channels and e-transactions. For all its stakeholders, clients, shareholders, regulators, societies, and employees, Nabil is going forward with a vision to be the 1st option provider of full financial solutions. Nabil is committed to providing its stakeholder's excellence in a variety of areas, not just one measure, such as profitability or market share. It is mirrored in its Together Ahead Brand Pledge.
Small and medium enterprises form an integral part of the economy. These sectors have a vast and essential credit requirement in banking sectors .SME in Nepal form an integral part of the economy. These sectors have a vast but untapped credit requirement in the banking sector. Such credit requirements are either catered through the personal lending market or tapped by co-operatives. Such businesses are generally managed individuals and family run. They have a core understanding of what business they are doing but when it comes to producing financials, written business plans, etc. The accounting and financing records they keep are very simple. Due to these factors, apart from many others, they are shy and reluctant to approach banks and financial institutions to fulfill their credit requirements.
This product is designed in such a way that such borrowers can avail such requirements in the SME category in the form of overdrafts and term loan according to their requirements. These products would be suitable for small family businesses including retailers, wholesalers, distributors, cottage and small scale manufacturing/processing units, exporters, importers, contractors, suppliers, workshops, fabricators, educational institutions, medical/health facilities, travel/tour operators and service sectors.
Rumsan is a diversified multi-business company. We are committed to supporting promising start-ups and investing in digital innovation.
