Established under the Company Act 2053 on 2061/01/16
Received permission to regulate its transactions from Nepal Rastra Bank on 2061/02/18 under Bank and Financial Company Ordinance.
Company started its operations as the 58th Finance Company of Nepal and has been serving the Financial Sector since 2061/02/24.
The Corporate Office of this company is at Thirbum Marg, Ward # 33 of Kathmandu Metropolitan City, Nepal.
Prudential Finance Company Ltd., is a Merchant Banking and Finance Company functioning to provide all kinds of financial services to all Nepalese people and businesses in Nepal.
Capital Structure:
a)
Authorized Capital:
NPR. 20,00,00,000.00
b)
Issued and paid up Capital:
NPR. 10,00,00,000.00
c)
Promoters' Share (51% Share)
NPR. 5,10,00,000.00
d)
General Public Share holders (49% Share)
NPR. 4,90,00,000.00
Our Main Objectives are to:
Accept Deposits from individuals and institutions, ensuring to provide them attractive regular interest.
Provide short, medium and long term loans to individuals, industries, businesses, farmers and entrepreneurs for the establishment, construction, renovation and modernization of their respective setups.
Provide Hire Purchase, Housing and Consumer Loans to individuals and businesses.
Provide Foreign Employment Loans to the abroad-bound workers so that they can generate Remittances through banking channel back to Nepal.
Provide Educational Loans for students for their higher studies.
Issuance of Bank Guarantee (Bid-Bond / Performance Bond) to businesses & individuals.
Provide Merchant Banking services while issuing shares and debentures, Issue Management for primary and secondary markets.
Provide Share Loans on Primary share issues and secondary stocks buying.
Provide Agriculture Loans and Industrial Loans, including Investments in the Hydropower sector.
Perform all kinds of Banking services permited by Nepal Rastra Bank and the Government of Nepal