Chaudhary Group is Nepal’s top player in the financial services sector. We bring in quality and reliable services in the financial sector through our ever-increasing presence in commercial banking, insurance, merchant banking, hire-purchase, leasing, remittance, financial solutions and other peripheral services. We cover the entire gamut of financial services unlike any other entity in Nepal. Under financial services, CG has a Finance Company, an Insurance Company, an Investment Bank, a Remittance Company and other financial services companies.
CG Finco Pvt. Ltd., a principle agent of Western Union Financial service Inc. (USA), is involved in inward money transfer from different parts of the globe since 2003 through its outlets spread throughout the country. It has been providing efficient money transfer service in every nook and corner of the country. CG|Finco was awarded the fastest growing agent of South Asia in 2003.
CG|Finco is one of Nepal's leading remittance company and number one principal agent of Western Union for Nepal. CG|Finco is not only providing money transfer services for Nepalese working abroad but also contributing to government revenue through its efforts to minimize illegal transfer of money.
Nabil Bank Limited, set up in 1984, is the nation’s first private sector bank and a pioneer in introducing many innovative products and marketing concepts in the Nepalese banking sector. Since its incorporation, Nabil has been extending international standard modern banking services to various sectors of the society. Nabil provides a full range of commercial banking services through its 52 points of representation. In addition, Nabil has presence through over 1,300 Nabil Remit agents throughout Nepal.
CG Corp Global has investment in Nabil Bank through a Irish Company, NB International Ltd, which is a subsidiary of South Asia Financial Services Corporation.
CG|Finco offers reliable, efficient and prompt money transfer services through more than 1,208 sub-agents. It offers 365 days services through its own branded outlets located at Kathmandu Plaza, Kamaladi. CG|Finco has sub-agents at the world's highest location i.e. Namche Global Network and Rastriya Banijya Bank in Namche Bazzar.
Rastriya Banijya Bank Limited, a commercial bank with the largest branch network, Standard Chartered Bank Limited, Citizens Bank International Limited, Prime Commercial Bank and Century Commercial Bank are also its partners for inward remittance. Beside these, it also has partnership with other development banks and financial institutions.
Going with our slogan of “Touching Life Everyday” we are committed to empowering families through educating them about our brand awareness and Door to Door programs. Hence CG|FINCO has recently started its own independent domestic money transfer by which customers can send and receive money to any part of the country. This aggressive marketing and brand awareness by CG|FINCO has made its presence in 80 villages from 8 different zones.
United Finance Limited (UFL) is a leading Consumer Finance Company in Nepal with excellent asset quality and strong growth potential. It was established in 1992 as per the Companies Act of Nepal.
The main objective of the company is to mobilize the scattered savings into the consumer financing sector. The company operates from its head office in Durbar Marg, Kathmandu. Run by a team of young and dynamic professionals, the company aims to become the number one finance company in terms of consumer financing .The shares of the company are actively traded at the Nepal Stock Exchange (NEPSE) and have been categorized in Category “A” by NEPSE for three years. Within a short span of its establishment, the company has been able to establish itself as one of the leading financial institutions in the country.
For details, please visit www.ufl.com.np
United Insurance Co. (Nepal) Limited is an ISO 9001:2000 certificated insurance company. The company started its operation from December 1993 after its registration with the Company Registrars’ Office and approved by Nepal Insurance Board.
The Company’s vision is to contribute to the development of the National Economy by ensuring prompt insurance services to the non-life policyholders. It aims to provide the best insurance service, valuing customers in all ways possible and making them feel special through individualistic approach, believing in passion, innovations, integrity, flexibility and positive approach.
It offers all kinds of non-life insurance services like Fire Insurance, Household Insurance, Motor Vehicle Insurance, Marine Cargo Insurance, Personal Accident Insurance, Cash-in-transit Insurance, Burglary Insurance, Fidelity Guarantee Insurance, Bankers Indemnity Insurance, Group/Family Hospitalization Insurance, Medi-claim Insurance etc.
For details, please visit www.unitedinsurance.com.np
Nabil Investment Banking Limited (Nabil Invest) is promoted by Nabil Bank Limited, the first foreign joint venture bank of Nepal established in July 1984, a pioneer in introducing many innovative products and services in the domestic banking sector representing a milestone in the banking history of Nepal and CG|Finco, one of Nepal's leading remittance companies.
Nabil Invest targets to establish itself as one of the leading Merchant Bankers in its short span of operation and as an Investment Banker with strong professional expertise in the long run introducing innovative products and services in the Nepalese capital market with strict adherence to prevailing rules and regulations.
Nabil Invest is led by its Chief Executive Officer who holds the required experience in various related areas in the capital market of the country. In addition, the placement of young-dynamic professional staff with required exposure has led to the formation of a strong Management Team that is performance based and gives prime importance to customer care.
Nabil Invest offers services such as Management of Public Offers/Further Public Offers, Underwriting, Portfolio Management, Registrar to Securities (RTS), Advisory Services like Investment Advisory, Mergers & Acquisitions, Project Counseling, Loan Syndication, Valuation, Venture Capital/ Private Equity and Assets Management Company (AMC).
For details, please visit www.nabilinvest.com.np