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about vibor
Who we are |
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Even today, many entrepreneurial ideas remain wishful thinking. Many others die in infancy. And many more do not reach their fullest potential. We dedicate Vibor to the services of those entrepreneurs whose courage and imagination are the source of inspiration and hope to us all.
Vibor Bikas Bank Limited (VIBOR), a national level category B financial institution licensed from Nepal Rastra Bank (the central bank of Nepal), commenced its operation in October 2007.
In less than 3 years since it came into operations, Vibor has earned two distinct reputations: innovative player and trustworthy partner. Successful launch of deposit products like Vibor Super Yield Deposits I and II, successful launch of Vibor Super Share Deposit, successful acquisition of Rabi Bhawan from the US Embassy for Rabi Bhawan Boutique Hotel and Mansions, engagement in building commercial complexes in leased properties from JP School and Nepal Ex-service men Associations are few testimonies to its reputation as innovative player and a trustworthy partner.
Vision
Every aspiring and committed entrepreneur in Nepal has access to right form of capital to embark and continue on a journey of converting economically and socially profitable ideas into reality
Mission
Make capital accessible to more and more entrepreneurs and enhance their productivity
Objectives
We dream of Nepal where entrepreneurship is not the privilege of few. We continuously strive to make capital accessible to more and more entrepreneurs and enhance their productivity.
- Expand saver’s choice through continuous innovation of products and services
- Enhance entrepreneurs’ productivity and growth through financial and managerial support
- Be a role model in management of custodial capital (invest capital with proper evaluation of risk, return and social impact)
- Provide healthy work environment for young professionals to learn, serve, and grow
- Provide attractive return on promoters’ and shareholders’ investments
Values / Guiding Principles
- Honesty in Work
- Sincerity in Relationship
- Respect for Self and Others
- Care for Resources
- Responsibility for one’s action
- Service Orientation
(focus on long-term relationship rather than short-term transactions)
- Respect for Laws and Regulations
(a genuine commitment to transparency)
Promoters
VIBOR is promoted by non-interfering, trusting and open-minded 135 people coming from diverse backgrounds. No individual promoter holds more than 3% and average shareholding is 0.45%
Capital Structure
Paid up Capital : NPR 680 Million (Regulatory requirement NPR 640 Million)
Promoters : 61%
General Public : 39%
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VIBOR DEBIT CARDS
Fast life calls for fast money. Vibor Debit Card brings your money at your disposal anywhere and anytime you want.
Learn More » |
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