Nepal Bank Limited, The first bank of Nepal was established in November 15, 1937 A.D (Kartik, 30, 1994). It was formed under the principle of Joint venture (Joint venture between govt. & general public). NBL's authorized capital was Rs. 10 million & issued capital Rs. 2.5 million of which paid-up capital was Rs. 842 thousand with 10 shareholders. The bank has been providing banking through its branch offices in the different geographical locations of the country. Corporate Vision: "Pioneer Bank with complete banking solution" Mission Statement: NEW Network for inclusion: Use bank's network to increase its reach all over the country from urban areas to rural areas and help in improving the lifestyle of rural population and in turn become the bank of choice of corporate, medium businesses and rural market Enhancing the value: To employees, shareholders, government and customers World class banking services: Provide world class banking services by achieving excellence in customer service and adopting high level technology standards Values Statement: SPIRIT Segmented business approach: For risk management and enhancement of efficiency Partnership: With all stakeholders including the Government, employees, shareholders and customer Innovation: Of business areas and processes for providing Advanced banking services, and enhance competitiveness Responsiveness: responding to the changing need of the market/society/business on timely basis Integrity: Uphold trustworthiness and business ethics in the business process Total banking solutions: To cater the need of all sections of society Objectives: Nepal Bank Limited has the following objectives: Focus on building the positive net worth and meeting minimum capital requirement over the coming five years. Focus on increasing the customer base and market share. Maximize the potential/efficiency of bank's staff. Focus on minimizing the risk associated with the business. Focus on providing the world class business solutions. Focus on increasing the sustainable profit.