Excel Development Bank

-

 

Development Banking Sector remained dominated by government owned bank for more than five decades. With the liberalization of economy private sector started to promote development banks obtaining license from Nepal Rastra Bank, the central Bank of Nepal. Excel Development Bank Limited is licensed by Nepal Rastra Bank under banking and financial Regulation Act 2061.The bank is promoted by a group of experienced and highly motivated individuals from all walks on life. The promoters include; professional bankers, Entrepreneurs, Educationalists and Technocrats.

The bank’s central office is located in Birtamode, Jhapa, the far eastern part of Nepal. At present the banks working area is in Illam, Jhapa, Morang, Sunsari and Panchthar districts. The bank is committed to deliver its services to the customers through easy banking procedures. Since the bank is located in the rural area, it indicates to serve the need of common people by providing simple yet modern banking facilities. It is transparent in its approach and workings.

The bank gives true value of the depositor’s money by providing a competitive interest rate. Furthermore, it encourages the entrepreneurs to increase their capacity in productive sectors. The bank aims to be engine of development with its reliable and trustworthy banking services-Excel Development Bank Ltd. strives to achieve excellence in the banking sector through its customer friendly approach.

Comments

Post a Comment

Popular posts from this blog

Bishal Bazar Company Limited ( BBC )

-
Image
  Introduction Vishal Bazaar Company Limited was registered under the Companies Act, 2063 (the then Companies Act, 2021) in the Department of Commerce on 14/04/2026 and in the Department of Industry on 27/04/2026 and has been operating since the year 2026. Its registered office is in Kathmandu Metropolitan City Ward No. 24 Sukrapath, Kathmandu. The foundation stone of Vishal Bazar Bhavan was laid on   May 29, 2026. When the then King Mahendra saw large departmental stores while traveling abroad, he ordered a huge market to be established in Nepal in a modern building to facilitate shopping and increase commercial activity. In 2026, Prime Minister Surya Bahadur Thapa, Rajdarbar Secretary Indramani Rajbhandari and businessman Juddha Bahadur Shrestha expressed their desire to establish a well-organized market. Since the private sector did not have the capacity and willingness to invest in it at that time, some government institutions were also made to invest. At the time of...
Read more

Arun Valley Hydropower Development Company Limited ( AHPC )

-
Image
  COMPANY BACKGROUND Hydropower Development Policy 1991, Electricity Act 1993 and Electricity by laws 1993 have opened avenues for private sector investment in hydroelectric project development in Nepal. Although, it was new to Nepalese investors, efforts had been made by a group of individuals to build and operate Piluwa Khola Hydropower Project in Sankhuwasabha district, Eastern Development Region of Nepal. Piluwa Khola Hydropower Project of 800 KW, at first was identified by the government of Nepal under small project under the study of JICA (Japanese International Fund). A company named Arun Valley Hydropower Development Company Pvt. Ltd. was established on 12th March, 1998 under the Company Act of Nepal. It has registered with VAT no: 500103814 in Inland Revenue Department. The detailed feasibility study including environmental study of the project has been carried out by Nepalese engineers in 1998. Optimization study has finalized the size of the project into 3000 KW. U...
Read more

Ankhukhola Hydropower Company Limited ( AKJCL )

-
Image
  INTRODUCTION Site is located in Dhading District close to 132 km from Kathmandu; Ankhu Khola is one of the major tributaries of Budhi Gandaki Nadi. The catchments area of Ankhu Khola is about 633 km2. The mean annual flow is estimated to be 58.38 cumecs. A design discharge of 34.5 cumecs having a probability of more than 40% has been considered. BASIN CHARACTERISTICS Site of the project is located at 28000’00”, to 28000’57”, N in and 84054’00” to 84055’32″Eto 84055’32″E latitude and longitude respectively. Proposed Intake structure has been impartially located at 70m downstream from existing Ankhu Khola Suspension Bridge. At Rigna bazaar,the power house has been proposed at right bank of the river at Sisneri khet. The proposed project shall generate average annual energy of 46.408 GWh. Transmission of the generated power will be connect through 12 km long KV transmission line to NEA Substation at Dhading Besi. BACKGROUND The contract is made between Ankhu Khola Hydrop...
Read more