Progressive Finance Limited

No comments yet. Be the first to share a view.

Progressive Finance Limited (NEPSE: PROFL) is a public limited, C‑class licensed finance company headquartered in Kathmandu, Nepal. The firm offers a range of deposit products—including fixed, savings, recurring and integrated fixed‑recurring deposits—and provides various loan services such as personal, business, share‑margin, and deprived‑sector loans. It operates a network of branches across the country to serve individual and corporate customers. The company is listed on the Nepal Stock Exchange with 8,561,070 shares and a paid‑up capital of Rs 856,107,000. Progressive Finance is registered with LS Capital Limited as its share registrar and has been operating since 1996‑02‑26. The company was registered on 14th Ashwin, 2051 BS and began operations on 14th Falgun, 2052 BS.

Key Facts

Operation Date

1996‑02‑26

Company Class

C‑class finance company

Total Capital (as of 15th Baishakh 2076)

Rs 80,01,00,000