Equity & Funding
The authorized capital of Nirdhan Utthan is Rs. 2 Billion. As of January, 2020 the paid-up capital is Rs. 1.5 Billion. The distribution of shares is as follows:
Shareholders | Amount | % of Total paid-up Equity |
---|---|---|
NIRDHAN (The mother NGO) | 244,826,900 | 20.40% |
Himalayan Bank Limited (A Commercial Bank) | 134,679,100 | 11.22% |
Nabil Bank Limited (A Commercial Bank) | 166,140,300 | 13.85% |
Everest Bank Limited (A Commercial Bank) | 134,679,100 | 11.22% |
Grameen Trust Bangladesh | 18,664,000 | 1.56% |
Private Sector Individuals | 94,111,200 | 7.84% |
International Finance Corporation (IFC) | 90,523,200 | 7.54% |
Nepal Life Insurance Company Limited | 24,000,000 | 2.00% |
General public including clients and staffs | 292,376,200 | 24.37% |
Total | 1,200,000,000 | 100% |
The NIRDHAN, Himalayan Bank Limited, Nabil Bank Limited, Everest Bank Limited, Grameen Trust Bangladesh, Nepal Life Insurance Company Limited and private sector individuals are promoters of NULBSL. 51% shareholding of the institute is owned by the Promoter Shareholders while 49% is owned by Public Shareholders.
The source of fund of Nirdhan Utthan is shareholder’s equity, client saving and deposit and borrowing from commercial banks and financial institutions.