Siddhartha Development Bank limited (SDBL) is the first Development bank of western region of Nepal established formally in the year 2056 which commenced operation on 11th Ashad, 2057. The Bank has been established solely with the aim of getting exclusive confidence of Nepalese market by rendering global standards of services through professional & quality management. SDBL has been promoted as a dedicated bank with a primary focus in the development of industrial trade and commercial in Nepal Besides debt financing, the bank also offers assistance to the clean and renewable energy projects by way of private equity and advisory and consulting services. The Bank which has been in profitable operation from its inception, has managed robust growths in its overall business and profitability during the recent years. The Bank offers a complete suite of banking products and services including transaction banking, business banking, project finance, corporate banking and consumer banking.The Board, supported by the management team comprising of young, enthusiastic professionals, has successfully embarked on a multi-pronged strategy of consolidation, administrative streaming, human resource up-skilling, strategic cost management, focused non-performing assets management, balance sheet and treasury management and controlled asset growth in tandem with strengthing the credit culture and strategic marketing and sales. The Bank is rated as "A" class financial institution by Nepal stock Exchange since listing of its public shares.SDBL is committed to provide superior banking products and financial to its customers through efficient and cost-effective service delivery; offering of new innovative products and friendly customer service; and at the same time maintaining confidentially, professionalism & good governance. It consistently upgrades its processing systems and technology support besides broadening its scope, range and quality of services. All its branches are interconnected through leased line/optical fiber back-ups and are capable of providing on-line real-time banking services.The Bank believes in continuously offering new and value added services to customers with commitment to quality and value to clients. Accordingly, the Bank has been in the forefront in launching Superior products with unique customer friendly features with immense success.
Monday, March 23, 2009
Siddhartha Development Bank limited
Siddhartha Development Bank limited (SDBL) is the first Development bank of western region of Nepal established formally in the year 2056 which commenced operation on 11th Ashad, 2057. The Bank has been established solely with the aim of getting exclusive confidence of Nepalese market by rendering global standards of services through professional & quality management. SDBL has been promoted as a dedicated bank with a primary focus in the development of industrial trade and commercial in Nepal Besides debt financing, the bank also offers assistance to the clean and renewable energy projects by way of private equity and advisory and consulting services. The Bank which has been in profitable operation from its inception, has managed robust growths in its overall business and profitability during the recent years. The Bank offers a complete suite of banking products and services including transaction banking, business banking, project finance, corporate banking and consumer banking.The Board, supported by the management team comprising of young, enthusiastic professionals, has successfully embarked on a multi-pronged strategy of consolidation, administrative streaming, human resource up-skilling, strategic cost management, focused non-performing assets management, balance sheet and treasury management and controlled asset growth in tandem with strengthing the credit culture and strategic marketing and sales. The Bank is rated as "A" class financial institution by Nepal stock Exchange since listing of its public shares.SDBL is committed to provide superior banking products and financial to its customers through efficient and cost-effective service delivery; offering of new innovative products and friendly customer service; and at the same time maintaining confidentially, professionalism & good governance. It consistently upgrades its processing systems and technology support besides broadening its scope, range and quality of services. All its branches are interconnected through leased line/optical fiber back-ups and are capable of providing on-line real-time banking services.The Bank believes in continuously offering new and value added services to customers with commitment to quality and value to clients. Accordingly, the Bank has been in the forefront in launching Superior products with unique customer friendly features with immense success.
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