Equity and Funding
The authorized capital of Nirdhan Utthan Bank Limited is Rs. 100 million. As of December 2008 the paid-up capital is Rs. 100 million. The distribution of shares is as follows:
| Share Holders |
Amount (Rs) |
% of total paid-up equity |
| NIRDHAN (The mother NGO) |
25,295,200 |
25 |
Himalayan Bank Limited
(a commercial bank) |
12,141,600 |
12 |
| Grameen Trust Bangladesh |
5,164,900 |
5 |
Nabil Bank Limited
(a commercial bank) |
13,845,000 |
14 |
Everest Bank Limited
(a commercial bank) |
12,141,600 |
12 |
| Private sector individuals |
10,756,100 |
11 |
General public including
clients and staffs |
20,655,600 |
21 |
| TOTAL |
100,000,000 |
100 |
The NIRDHAN, Himalayan Bank Limited, Grameen Trust Bangladesh, Nabil Bank Limited, Everest bank Limited and private sector individuals are promoters of the bank. Out of NIRDHAN's (NGO) total share holdings Rs 15,853,500 is promoters share and rest Rs. 9,441,700 is share from general public quota.
The source of fund of NUBL is shareholder's equity, Client's savings and borrowings from commercial banks and financial institutions.
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