Best Finance Company Limited
Best Finance Company Ltd. was established by a group of enthusiastic, entrepreneurs and dynamic Non-Resident Nepalese (NRNs) Businessmen. The Finance was incorporated under Company Act on 2052/03/08 and acquired license from Nepal Rastra Bank to perform financial transactions. The Finance started its formal operations on 2052/10/18 from KMC-7, Chabahil. It has been promoted primarily to cater to the financial needs of Small and Medium enterprises. As per the decision of AGM of the institution and approval from Office of the Company Registrar on 2074/05/21 the name ‘General Finance Ltd’ was changed into ‘Best Finance Company Ltd’ and started its operations on 2074/06/24 with the name of Best Finance Company Ltd. After the successful merger between Best Finance Company Ltd and the then ‘Synergy Finance Ltd’ on 2075/04/17, then the finance shifted its head office to Kamaladi, Kathmandu. Currently the finance has 14 branches.
Capital Structure
| Authorized Capital | NPR 1,00,00,00,000.00 |
|---|---|
| Issued Capital | NPR 89,05,24,237.00 |
| Paid-up Capital | NPR 82,89,13,789.38 |
| Promotor Share | 60.65% |
| Public Share | 39.35% |
