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Insurance companies in Nepal are regulated by Nepal Beema Pradhikaran (Nepal Insurance Authority), an arm of Nepal Government's Ministry of Finance. As of November 2023, a total of 35 insurance companies are offering Life, Non-Life (General), Micro and Re-insurance services. Life Insurance Companies As of November 2023, 14 life insurance companies are in operation in Nepal: S.N Life Insurance ...
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The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. As of August 2024, [update] the Market Capitalization of the companies listed on NEPSE totaled रू 500,475.6 crore (US$36 billion). [ 3 ]
Reliance Life Insurance takes over AMP Sanmar 2006: Name changed to Reliance Life Insurance Co. Ltd. 2007: ISO 9001:2000 Certification 2008: Becomes 4th largest private insurer 2010: Becomes the largest private insurer in number of policies 2011: Nippon Life signs definitive agreement to acquire 26% of the company. 2016
Rastriya Jeevan Beema Company Limited is the first life insurance company in Nepal which was established as its previous Name Rastriya Beema Sansthan. [2] Established by the Government of Nepal. [3] They are operating in Nepal through 23 branches [4] located at various part of nepal [5]..
Sanima Bank started its operation in 2004 as a National Level Development Bank. Sanima was licensed to operate by the Nepal Rastra Bank to function as an "A" Class Commercial Bank in 2012. Sanima has 106 full-fledged branches and 28 extension counters within and outside the Kathmandu Valley .
Securities Board of Nepal (SEBON) (Nepali:नेपाल धितोपत्र बोर्ड) is the regulator of securities market in Nepal. It was established on June 7, 1993 after the first amendment in the Securities Exchange Act 1983. [ 1 ]
Grand Bank Nepal 2016 Acquired by Prabhu Bank [7] Janata Bank: 2019 Merged with Global IME Bank [8] KIST Bank 2014 Merged with Prabhu Bikas Bank [9] Lumbini Bank 2016 Merged with Bank of Kathmandu [10] Mega Bank Nepal: 2023 Merged with Nepal Investment Bank and renamed as Nepal Investment Mega Bank [11] Nepal Bangladesh Bank: 2022 Acquired by ...