VENTURES

The flagship company of the group that was established in 1958 thus leading the path to create NCEC Group. This is the holding company of the group. NCEC operates Value Added Representation & Liaison services related business activities catering in the large hydro power plants, manufacturing units, irrigation projects, road, highway and bridges project, other physical infrastructure projects, government procurement for goods and material etc.

NCEC-ES caters to the Infrastructure and Construction market segment. The target customer portfolio for this company are construction companies in Road, Bridges, Hydropower, Buildings, Irrigation, Tunnels and other public works.
Products & Services of Epiroc, Atlas Copco Power Technique, Dynapac, Soilmec, Doka, Duetz

NCEC-IS caters to the Manufacturing and Production market segment. Employees are stationed all over Nepal and in specific customer sites. The target customer portfolio for this company are Manufacturing & Process Industries. Assembly industries, Airlines MRO services,
Products & Services of Atlas Copco Compressor Technique, Atlas Copco Industrial Technique, Buhler

The company operates as a professional assistance company to Insurance or Re-Insurance, or other international travel insurance and travel assistance companies. It has a strategic tie up with AMA Global Assistance Group based out of Delhi, Vienna, Bangkok, Hong Kong, Turkey.
[ www.amaglobalassistance.com ]

This company caters to the DIY and Professional Tools market segment. Headed by a Business Manager as the leader of this organization, it has dedicated Segment Managers, Sales Managers, Service Managers and Technicians. Products of Milwaukee, AEG and Husqvarna are managed by this company. (The company is a JV with Agni Group Nepal)
[ www.agnigroup.com ]

This company has been created to invest as Angel Investors in start-ups in Nepal’s young entrepreneurial aspirations.[ www.investment-np.org ]

Sagarmatha Insurance Company Limited was incorporated in 1996 in joint venture with Ceylinco Insurance PLC Sri Lanka holding 20% equity share. Sagarmatha Insurance Co. Ltd has wide network expansions within its home country with total above 80 branches and additional extensions.
[ www.sagarmathainsurance.com ]
NCEC Group and its promotors hold promotor share in the insurance company. It was also one of the founder groups of this institution

National Life Insurance Company Limited (formerly known as National Life & General Insurance Co.Ltd.) was incorporated in 1988 A.D. under Nepal Company Act 1964 and the insurance Act 1968 of Nepal with prime objective to meet growing insurance requirements of the country. The Company’s Life Fund size is around Rs. 14 Billion. Its annual premium collection stands at around Rs. 1.5 Billion and the company has provided insurance cover to more than 350,000 people.
[ www.nationallife.com.np]
NCEC Group and its promotors hold promotor share in the insurance company

Kumari Bank Limited, came into existence as the fifteenth Class A commercial bank of Nepal by starting
its banking operations from Chaitra 21, 2057 B.S (April 03, 2001) with an objective of providing competitive and modern banking services in the Nepalese financial market. The Bank has paid up capital of NPR 9.55 billion of which 51% is contributed from promoters and remaining from public.
NCEC Group and its promotors holds promotor shares in the bank. [ www.kumaribank.com ]

NMB Bank Limited licensed as “A” class financial institution by Nepal Rastra Bank in May 2008. The Bank has a Joint Venture Agreement with Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO). NMB Bank was awarded ‘Bank of the Year – 2017’ and ‘Bank of the Year 2018’ consecutively by The Banker, Financial Times, London. [ www.nmbbank.com ]
NCEC Group and its promotors hold promotor share shares in the bank.