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NIDC Building
P.O.Box 10, Durbar Marg, Kathmandu, Nepal
Phone: 977-1-4228322
Fax: 977-1-4227428
Email: nidc@nidc.org.np
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About Us
Nepal Industrial Development Corporation Ltd. (NIDC), pioneer in Industrial Financing in Nepal, was established in July 1959 and has been playing a vital role in the development of the country by virtue of introducing many innovative concepts and development activities. While contributing to establish several prominent product industries like Bhrikuti Pulp and Paper, Everest Sugar, Himalayan Brewery - to name a few; and hotels like Soaltee, Hyatt, Annapurna and Fulbari - for instance, NIDC also has a significant role in the establishment of Industrial Districts, Nepal Stock Exchange, NIDC Capital Market etc.
Presently - the 1959 special charter has been repealed and NIDC has been registered under Company Act such that it is licensed to operate as a Development Bank. It represents a milestone in the history of NIDC as it started an era of modern banking with customer satisfaction measured as a focal objective while continuing its business of project financing.
NIDC's capital structure comprises of an Authorized Capital of Rs. 120 Crores. Out of the Issued Capital of Rs. 60 Crores, total of 69% has been paid-up by Nepal Govt. whereas the remaining shall be issued to public/employee with due share issuance.
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© Copyright N.I.D.C. Development Bank Limited 2011
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