Founded 1959 | ||
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NIDC Development Bank Ltd. (NIDC) was established in July 1959 as the Nepal Industrial Development Corporation. It serves as an industrial finance organization. NIDC has worked to expand Nepalese industries and services, including hotels, industrial districts, and the Nepal Stock Exchange.
Presently, NIDC is registered under the Company Act and operates as a national level development bank, providing services to regular customers as well, under the Bank and Financial Institutions Act.
References
NIDC Development Bank Wikipedia(Text) CC BY-SA