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A Case Study of Nabil Bank

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A Case Study of Nabil Bank
CHAPTER- I
INTRODUCTION

1.1 Concept of Banking
The term “Bank” is derived from the latin word “bancus”, Italian word “banca”, French word “banque” which means bench used by medieval money exchanges and German word “bank” which means joint stock company. According to oxford dictionary bank means “an establishment for keeping money and valuable safety of the money being paid out on the customer order by means of cheque.

Historically, banks have been recognized for the great range of financial services they offer from checking accounts of saving plans to loan for businesses consumers and governments. Hence, bank can be identified by the function they perform in the economy.

Bank is a financial institution which deals with money. Banks collect the money from the surplus unit (savers) and lend to deficit units (users). Bank raises the funds by accepting deposits, borrowing funds and issuing equity. These funds are used by the banks to buy securities and to make loans. Since, it accepts deposits and grants loan, it is regarded as the trader of money. Banks can be divided int three types on the basis of their functions and services ie. Central bank, Commercial bank and Development bank. Commercial bank offer services to individuals, hey are primarily concerned with receiving deposits and lending to businesses. Commercial bank is also known as the financial service needs in the economy.

1.2 Introduction of Nabil Investment Banking
Nabil Bank Limited, the first foreign joint venture bank of Nepal, started operations in July 1984. It has paid up capital of NRs200 million. Nabil was incorporated with the objective of extending international standard modern banking services to various sectors of the society. Pursuing its objective, Nabil provides a full range of commercial banking services through its 47 points of representation across the kingdom and over 170 reputed correspondent banks across the globe.

Nabil Bank Limited with its mission to be the 1st

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