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ILFCO
initiated as one of the pioneering spirits in the Nepalese
financial scenario by introducing lease financing in the
nation. A brainchild of Nepalese and Korean counterparts,
it is at present one of Nepal's diversified multinational
financial institutions providing comprehensive financial
management service options customized specially to the
needs of the Nepalese people.
Date of Establishment - December 11, 1994 with the Office
of the Company Registrar under the public company legislation
of the Kingdom of Nepal
Date of Acquirement of Operating License - September 18,
1995 from the Central Bank of Nepal
Date of Start of Operations - October 31, 1995
We serve the length and breadth of the country from our
office stationed at New Baneshwor, Kathmandu.
New Everest Construction Building, Ground Floor, New Baneshwor,
Kathmandu, Nepal
P.O. Box: 8975 E.P.C. 7063 Tel: 4782010, 4780011, Fax:
4782267.
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 It
is said that change is the natural order
of the world. In the face of change, in
the face of shifting from established, familiar,
comfortable conventions, in the face of
embracing unknown paths, there is an imminent
danger of chaos and disorderly anarchy,
of losing precious nuggets of wisdom garnered
over the years. It is akin to jumping over
a deep chasm on to the other side – if you
do not judge the distance or the velocity
of the hurdle accurately, the journey might
end up shattered on a pile of rocks below.
Whenever
a transition occurs, we must not forget
to learn from the accrued past experience,
to hold on to what has been etched on by
our predecessors while simultaneously embracing
the noble, the original, the promising.
Of course, the crossing over is meant for
not just our employees, who will undoubtedly
emerge with rejuvenated vigor, not just
our shareholders, who will undoubtedly anticipate
greater performance from the company, not
just our clients, who will undoubtedly be
faced with an ever dazzling array of services
and attention, but also for those who are
yet to have a genuine ILFCO experience. For
the uninitiated, this is the perfect time
to join in and become the catalysts for
our progression to greater heights. ILFCO
awaits you to make ours a truly customer
oriented organization.
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To contribute to the overall development of
Nepal and its economy by bridging the gap
between the Nepalese people and a portfolio of
financial products of international standards
delivered by a team of committed and
experienced financial professionals.
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To ensure the financial security and
augmentation of our valued clients through the
triumvirate of Quality, Reliability and
Professionalism of our services for the
perpetuity of the organization's existence.
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We do not undertake investments on projects that have
been scientifically proven to be harmful to human
society and the global environment.
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ILFCO
was initially established as a joint venture finance
company with the Korean Industrial Leasing Co.,
Ltd. (KILC) which was founded as a subsidiary
of the Korea Development Bank in 1972. On March
2 1999, KILC merged with Korea Technology Finance
Corporation (KTFC) under the restructuring program
initiated by the Korea
Development Bank (KDB), a common major shareholder
of both KILC and KTFC, and thus emerged KDB Capital
Corporation after this merger. KDB
Capital Corporation is the largest leasing
company in the Republic of Korea and one among
the top three largest leasing companies within
the Asian Continent. It has been participating
in the management of ILFCO through the provision
of technical know-how as a foreign partner since
the very inception of the company.
The
Asian Development Bank (ADB)
and National Life and General Insurance Company (NLGI)
acted as the Nepalese promoters in initiating together the
project to widen the scope of Nepalese financial
activities.
Today, ILFCO stands with its unique pride for being the key
role player in introducing lease financing to Nepal. With
the prime objective of providing the people of the nation
with creative financing alternatives of international
standards, it has been continuously rendering a variety of
financial services according to the needs of the Nepalese
people since its establishment. |
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