Rastriya Beema Company Limited (RBCL) has entered into its third year of operation.
Rastriya Beema Company is a government owned public limited Company (RBCL) formed under decision of the Government of Nepal to separate general insurance business from Rastrya Beema Sansthan.
Rastriya Beema Company was registered with the company registrar on 11th June 2014 (28th Jestha 2071) and obtained certificate of Commencing general insurance business on 3rd August 2014 (18th Shrawan 2071).
As per the Annual General Meeting of Fiscal Year 2059/60, the paid up capital of the RBCL stands at Rs 12.44 crore and Rs 14.21 crore has been separated for the bonus shares for 3 fiscal years. Auditing is being carried out for other fiscal years and after that the share capital of Rastriya Beema Company will be made 35 crore in the article and memorandum of association.
Shareholder structure:
| Particulars |
Rastriya Beema Company Limited |
Rastriya Beema Sansthan |
| Promoters |
|
|
| Nepal Government Bank Limited |
41% |
47.5 |
| Employees provident fund |
19.37 |
22 |
| Nepal Bank Limited |
9.6 |
10.96 |
| Others |
|
7.23 |
| Promoters |
70 |
87.69 |
| Public |
30 |
12.31 |
| Total |
100 |
100 |
Rastriya Beema Company has made a long term invested in the share of the following companies.
| Company |
Share (kitta) |
| Nabil bank Limited |
4,598,041 |
| Nepal Investment Bank Limited |
9,518,551 |
| Nepal Re-insurance Company Limited |
1,932,552 |
| Nepal awash finance Limited (Siddhartha Development Bank Limited) |
210,320 |
| Nepal Bikas Bank Limited ( Prabhu Bank Limited) |
40,000 |
| Nepal Oil Corporation |
4,500 |
| NIDC Capital |
5,826 |
| Ghorkhali Rubber Udhyog |
50,000 |
| Nepal Lube Oil Company Limited |
8,572 |
| Nepal Rastriya Utpadhan tatha Arthik Bikash Kendra |
2,000 |
