Financial Services

Realising the importance of the Service Sector in the growth of any economy, the group took a conscious decision to branch itself into this sector. The key focus was on banking and insurance with an interesting entry into aviation in 2005.

Nepal Industrial and Commercial Bank
NIC Bank was one of the first banks the Group invested in back in 1998. The Group partnered with like-minded corporate houses to provide professional banking service to the business community of Nepal. The performance of NIC has been phenomenal over the past years. Read More.

NMB Bank
NMB was started in 2000 as a Finance company that upgraded itself to a full-fledged commercial bank in 2008. This was another Greenfield project that the Group invested into. Being the first Finance Company to upgrade to a Commercial Bank, NMB is a market leader in its own right. Read More.

Lumbini Bank
The bank was established in 1998 as the first regional commercial bank of Nepal. Slowly it has spread its wings to become a national level commercial bank. The performance of the bank started dipping around 2006 due to various reasons. The Group bought into the promoter shares of the bank in 2007 and since then has played a crucial role in supporting the turnaround of the bank. Read More.

Prudential Insurance Company
A strategic partnership with the Triveni Group of Nepal, the Company was established in 2000 to underwrite non life insurance business. It started with an initial capital of USD 1.25 million and today has a very strong base. The Group has been a promoter since its inception. Read More.

Nepal Life Insurance Company
Another venture in partnership with Triveni Group, NLIC was the first in the country to deal with life insurance in Nepal. The issued capital of the company is over 4 million USD and today it is one of the preferred life insurance company is Nepal. Read More.

Air Nepal International
One of the first private international flight operator of Nepal, Air Nepal took to skies on the 24th of July 2005. Golyan Group invested into the company at its inception. The share holding of the Group stands at 10%.

Group News

Westar Properties launches its first project in Nepal. Westar Residency, a 250 apartment residential project.

Reliance Energy in contention to build a 200MW hydro power in Rolpa district of Nepal.

Westar Property announces the first super luxury residential apartment project of Nepal.