27 commercial banks of nepal


Personalized service, prompt transactions, wide networks, mobile Banking and real-time account credit are few of the core strength of the bank. Besides these, the Bank is providing 365 Days Banking and Evening Counter services to the customers through many of its offices. Similarly Tourism Development Bank Limited, a national level B Class Financial Institution having its Head Office at Kathmandu merged with the Bank on 30th Baisakh 2075 (13th May 2018). Nepal Bangladesh Bank Ltd. is a leading A class commercial bank licensed by Nepal Rastra Bank. The Bank operates its investment banking arm through its subsidiary Nabil Investment Banking Ltd. The banks shares are publicly traded as an A category company in the Nepal Stock Exchange. Sanima Bank is committed to provide one window financial solutions to the different customer segments and to achieve healthy growth in profitability consistent with the banks risk appetite. The Bank is also actively engaged with the communities in raising awareness around Financial Literacy, Environment, Health and Education including conducting relief activities for COVID-19 pandemic. Likewise Mega Bank has acquired Gandaki Bikas Bank Limited, a national level B Class Financial Institution having its Head Office at Pokhara of Kaski district and commenced joint operations from 21st Asar 2077 (5th July 2020). This objective got better and bigger with the time. Home Finance List of 27 Commercial Banks (Class A) in Nepal. One of the banks primary objectives is to reach out to the common people with a host of helpful products and services that will assure their future prosperity. The Bank has completed years of journey since the inception and has accommodated seven different financial institutions in its making. It is in line with the aim of the bank to beThe Bank for Allby giving necessary impetus to the economy through world class banking service. Nepal Bank Limited (NBL) , thefirstbank of Nepal proudly holds the glory of marking the formal beginning of banking system in Nepal. The bank was established with an authorized capital of Rs.10 million, issued capital of Rs.2.5 million and paid up capital of Rs.0.842 million. The Bank was rechristened as NIC ASIA Bank after the merger of NIC Bank with Bank of Asia Nepal on 30th June 2013. The Government of India is the majority stakeholder and has controlling stake in SBI, a Fortune 500 entity. In September 2016, the Bank signed a Joint Venture Agreement with Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), the Dutch development bank following which FMO became the single largest share holder of the Bank. Nepal Bangladesh Bank was registered with Office of Company Registrar (50-050/051, Dated January 14, 1994) as a public company limited by shares. The bank has been able to earn the trust and confidence of the public, which is reflected in the large and ever expanding customer base with more than 2,600,000 number of accounts in deposit base and above 50,000 in credit. With the highest deposit base and loan portfolio amongst private sector banks and extending guarantees to correspondent banks covering exposure of other local banks under our credit standing with foreign correspondent banks, we believe we obviously lead the banking sector of Nepal. NIC ASIA Bank is now, one of the largest private-sector commercial banks in the country in terms of capital base, balance-sheet size, number of branches, ATM network, and customer base. Rastriya Banijya Bank Limited (RBBL) has a history of serving its customers far and wide across the nation for more than half a century. The Bank offers the full range of banking and investment services for personal and corporate customers, backed by the team of highly motivated, young and dynamic professionals. Hence, the Bank is highly active in creating financial literacy and providing financial access to a large section of the population across the country as part of its Corporate Social Responsibility. Today, through its branches and a host of IT enabled channels, the Bank serves a wide range of customers. Despite a relatively short history, Laxmi Bank has emerged as a major player across all business lines retail, midmarket, corporate, infrastructure and treasury. Catering to more than 10 lacs customers, Everest Bank Limited (EBL) is a name you can depend on for professionalized & efficient banking services. Legacy of Himalayan lives on in an institution thats known throughout Nepal for its innovative approaches to merchandising and customer service. Nepal SBI Bank Ltd. (NSBL) is a subsidiary of State Bank of India (SBI) having 55 percent of ownership. The Bank understands that its role goes beyond just financial transactions, and towards the development of society as well. Therefore, we stand for the innovations that we bring about in this country to help our Customers besides modernizing the banking sector. At present, the Bank operates as A class financial institution licensed by Nepal Rastra Bank and carries out commercial banking activities as per the provisions of the Bank and Financial institutions Act 2073, (2017). and the Bank commenced its operations from 7th Shrawan 2067. Over a very short period of time, the bank has achieved a significant degree of success in executing this objective thereby creating a substantial base of loyal customers. NIC ASIA Bank has its antecedents in NIC Bank which was established on 21st July 1998. Himalayan Bank was established in 1993 in joint venture with Habib Bank Limited of Pakistan. The Bank has been the pioneer in introducing client-focused products and services and aspires to continue its leadership. Success depends on the other factors such as quality consultation and counseling. Nepal Credit & Commerce Bank Ltd. (NCC Bank) formally registered as Nepal Bank of Ceylon Ltd. (NBOC), commenced its operation on October 14, 1996 as a Joint Venture with Bank of Ceylon, Sri Lanka. This reflected in under subscription of shares (OnlyRs.0.842 million could be raised out of floated capital of Rs.2.5 million). The Bank has been offering both Domestic and International Visa Debit and Credit Card, accessible in all VISA linked ATMs in Nepal and India. So the bank has given due priority in developing human resources capable enough to understand the need of customer and meet their requirements. With an Authorized Capital of NPR 17 Billion, Issued Capital of NPR 16.12 Billion and Paid-Up Capital of NPR 16.12 Billion, Mega Bank Nepal Limited is one of the premier Financial Institution of Nepal consistently living its Service Pledge to conduct business by continually creating mutually beneficial relationship with all its stakeholders; Customers, Shareholders, Regulators, Communities and Staff. Established in 1984 AD, Nabil Bank has carved a cornerstone in the development of the financial services industry in Nepal. Later in 2002, a group of Nepalese companies comprising of bankers, professionals, industrialists and businessmen acquired the 50% shareholding of Credit Agricole Indosuez in Nepal Indosuez Bank Ltd., and accordingly the name of the Bank also changed to Nepal Investment Bank Ltd. At present, the Banks shareholding pattern is as follows: Promoters 69% and General Public 31%. There are 27 commercial banks (class A) approved by Nepal Rastra Bank. The Bank has also diversified through the acquisition of Civil Capital Market Limited and looks to the future to offer various services related to mutual fund activities, portfolio management and other merchant banking services through this subsidiary. In line with the Banks vision to cater to the needs of the people from Halo to Hydro Plough to Power, the Bank has created a separate Mega Micro Banking unit to provide Micro Finance services to the low income and deprived populace of the country. GIBL has been conferred with The Bank of the Year Award 2014 for Nepal by the Bankers Magazine (Publication of the Financial Times, UK), Best Internet Bank 2016- Nepal by International Finance Magazine, London and Best Employer Award 2018 by World HRD Congress, India. Mega Bank is committed to providing financial solutions to not just the top middle or bottom of the Pyramid, but to strive towards providing financial solutions and economic linkages to the Entire Economic Pyramid. The unflinching faith and goodwill bestowed by our customers continued support from the Government, well wishers and general public has been the reason for us to stand as the most trusted bank in the country. Mega Bank offers a wide range of Banking Products and financial services to the Corporates, Mid-Corporates, SMEs, Consumers and Micro Customers through a variety of delivery channels. These core values are internalized by all functions within the Bank and are reflected in all actions the Bank takes during its business. Through all this the bank has been able to truly achieve its vision of being The Bank for All. CCBL aims to extend its reach to the unbanked population of the country and is driven by the mission of saral banking sabaiko lagi (simplified banking for all). It is promoted by eminent personalities, business and industrial houses and reputed individuals having high social standing and has been managed by a team of experienced bankers and professionals. During 2019-20, Global IME Bank Limited acquired Hathway Finance Limited (a C class finance company) and merged with Janata Bank Nepal Limited (an A class commercial bank). NSBL was established in July 1993 and has emerged as one of the leading banks of Nepal, with 940skilled and dedicated Nepalese employees(as on Poush end 2078) working in a total of 123outletsthat include 88 full-fledged branches, 19 extension counters, 7 Province offices, 8Branchless Banking Outlets and Corporate Office . Pashchimanchal Development Bank Limited, a regional level B Class Financial Institution having its Head Office at Butwal of Rupandehi district was merged with Mega Bank Nepal Limited on 13th Baisakh 2073 (25th April 2016). NMB Bank Limited licensed as A class financial institution by Nepal Rastra Bank in May 2008 has been operating in the Nepalese Financial market for over twenty years and is one of the leading commercial banks in the banking industry. Nabil Bank has also established its branch offices in multiple rural locations in the western and far-western hills with its vision to reach the financially under-privileged population and increase financial literacy therein. Our heritage and values are expressed in our brand promise, Here for good. The exemplary performance of the bank in these last fourteen years has elevated it to a premier status in the industry. Nabil Bank operates through its wide network of 135 branch offices, 183ATMs, numerous POS terminals, remittance agents spread across the nation. NCC Bank completed its 25years of banking services on October 14, 2021and recently, entered into a historic merger with four Development Banks Infrastructure Development Bank Ltd., Apex Development Bank Ltd., Supreme Development Bank Ltd. and International Development Bank Ltd. We are a leading international banking group with a 160-year history in some of the worlds most dynamic markets. As of 31st Ashad, 2078, the Bank has deposits of Rs. The Bank also has over 170 international correspondent banking relationships. Sanima, promoted by prominent and dynamic Non-Resident Nepalese (NRNs) Businessmen, commenced its operation in 2004 as a National Level Development Bank. Recently, PNB was awarded with IDRBT Banking Technology Excellence Award under Customer Management & Intelligence Initiatives. To ensure quality and efficiency in service delivery to its customers/ clients, the Bank has adopted latest banking technologies with view of establishing itself as a technology-driven Bank. We are listed on the London and Hong Kong Stock Exchanges. Your aspirations are our benchmarks and we will always be Rising to Serve. It has transparent business practices, professional management, corporate governance, and Total Quality Management as the organizational mission. It serves through 177 ATMs and POS terminals across the country. CEO & Chief Financial Officer, Chief Operating Officerand two Vertical Heads as decided by Managing Director of the Bank, exercises overall control functions with the help of controlling offices, and oversee the overall operations of the Bank. The alliance with FMO positionsNMB Bank in becoming the market leader in managing environmental & social risks and the leading player in renewable energy and agribusiness. As a result, Sanima is perceived as a Strong and Reliable player in the banking industry. The Bank strives to be a one-stop solutions provider by offering a complete line of commercial banking products such as branch banking, treasury, trade, cards, remittance, and investment banking. Further, the bank acquired Professional Diyalo Bikas Bank in January 2017, a class B development bank. In 2004 Laxmi Bank merged with HISEF Finance Limited, a first generation financial company which was the first merger in Nepali corporate history. Now with a paid up capital of over 10.25 billion rupees, 164Branch Offices,162 Branchless Banking Units, 8Extension Counters and 202ATMs spread all across the country, it is one of the full fledged national level commercial banks operating in Nepal. After the merger, NIC ASIA was recognized as Bank of the Year 2013-Nepal by The Banker, Financial Times, UK. Our team of seasoned banking and management professionals have dedicated themselves to establishing an institution determined to cater to the needs of all, be it big or small. It is also the only Bank in Nepal accredited withICRANP-IR AAArating by ICRA Nepal as the safest bank regarding timely servicing of financial obligations. descriptive profitability Laxmi Bank Ltd. was incorporated in April 2002 as the 16th commercial bank in Nepal. Everest Bank Limited (EBL) provides customer-friendly services through its wide Network connected through ABBS system, which enables customers for operational transactions from any branches. Even with all this success, the bank remains internally focused towards manpower development, product innovation and process innovation etc., to have a strong and solid foundation, which are ongoing and continuous improvement initiatives undertaken by the management and staff alike. 106.21 billion and advances (including staff loan) of Rs. Products such as Premium Savings Account, HBL Proprietary Card and Millionaire Deposit Scheme besides services such as ATMs and Tele-banking were first introduced by HBL. It is the first Bank in Nepal to implement the Anti- Money Laundering policy and to apply the Know Your Customer procedure on all the customer accounts. This state of the art customer database has also been linked to a Management Information System that provides easy reach to all possible database information for balanced and informed decision making. In line with the progressive strategy, the Bank is focused on implementing sustainable business practices and deliver consistent growth that is sustainable and profitable to all its stakeholders. It was then the first private sector Bank with the largest authorized capital of NRS. The Bank facilitates its customers needby delivering the best of services in combination with the latest state of the art technologies and prudent international practices.The bank provides modern banking facilities such as Any Branch Banking, Internet Banking, Mobile Banking, Safe Deposit Locker facilities, Utility Bill payment (Telephone & Mobile), ATM (VISA Debit Cards) to its valued customers. GIBL was appointed as the first handling bank unit of CREF (Central Renewable Energy Fund) under AEPC (Alternative Energy Promotion Center). The share held by government and private sector was 60% and 40% respectively. The Banks team comprises of more than 1,100 staffs and caters to more than 7,00,000 customers. The Bank has a Joint Venture Agreement with Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), wherein FMO holds 13.69% of the Banks shares and is the largest shareholder of the Bank. Other financial institutions in the country have been following our lead by introducing similar products and services. Through this program, the Bank provides small size loans and mobilizes small saving amongst entrepreneurs and low income groups and seeks to provide other Banking products and services that fit their requirements. Kumari Bank Limitedprovides a wide-range of modern banking services through 256points of representation located in various urban, semi-urbanand rural parts of the country, with 196branches, 16extension counters and 43 Branchless Banking Units. It is counted among the top 10 commercial banks in Nepal by independent raters and publications in the country. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); List of 27 Commercial Banks (Class A) in Nepal, Top and Best Commercial Banks In Nepal (Different Categories), FIFA World Cup 2022 Nepali Time Schedule and Fixture Dates, List Of Companies Listed In NEPSE (Updated 2022), NEPSE Bonus, IPO, Right Share Listing News, Notice, Updates, Blind Date Nepal (Season 2) Contestants, Watch Full Episodes, Commercial Banks in Nepal with no. In May 2019, the Banks new Global Community Program Strategy Futuremakers by Standard Chartered was launched in Nepal subsequent to the global launch in January 2019.

NMB Bank was awarded Bank of the Year 2017, Bank of the Year 2018, Bank of the Year 2020, and Bank of the Year 2021.

TheBank focuses on meeting dynamic needs of its customers viamodern technology-driven banking products/services, thereby solidifying its reputation as an organisation committed towards enhancing stakeholders experience. Currently the Bank has 207 branches, 25 extension counters and 140 ATMs throughout the country in addition to 60 Branchless Banking (BLB) outlets and 3,200+ Mega Remit agents. With presence in 51districts in Nepal, the Bank is providing value added services to its customers through its wide network of 126ATMs (4 CDMs), internet banking, mobile wallet, SMS banking, IRCTC Ticket Online Booking facility, etc. The Bank has always stayed true to its three strong pillars: Service Excellence, Technology, and Product innovation. The Promoters held the vision to establish a national level Class A Commercial Bank, which was made a reality by an experienced and able Management Team and staff members driven by a mission to provide Banking Services to the entire economic strata of the Nepalese society from Halo to Hydro. Absence of any bank in Nepal was hampering the economic progress of the country. The name of the Bank was changed to Nepal Credit & Commerce Bank Ltd., (NCC Bank) on 10th September, 2002, due to transfer of shares and management of the Bank from Bank of Ceylon, to Nepalese Promoters. The total Asset Size, Deposit Portfolio and Risk Assets Portfolio of the Bank have grown exponentially over last 6 years of operations. The Head Office of the Bank is located at Bagbazar, Kathmandu. Our parent State Bank of India has an extensive network, withover 22,000 branches in Indiaand 229foreign offices in 31countriesacrossthe world. Kumari Bank Limited, came into existence as the fifteenth commercial bank of Nepal, starting its banking operations from Chaitra 21, 2057 B.S (April 03, 2001) with an objective of providing competitive modern banking services in the Nepalese financial market. The bank is also assigned a rating of A by ICRA Nepal. There are three pillars to the strategy: education, employability and entrepreneurship. The Bank enjoys leading position in the country in terms of penetration of technology products, viz. Sanima Bank offers a wide range of banking products and financial services to corporate and retail customers through 98full-fledged branches and 28extension counters from all 7provinces. Despite the tough competition in the Nepalese Banking sector, Himalayan Bank has been able to maintain a lead in the primary banking activities- Loans and Deposits. Citizens Bank International Limited has been established as a reliable and trustworthy partner for all financial solutions. Growth of Prabhu Bank was phenomenal, especially after merger of Grand Bank Nepal Limited, Kist Bank Ltd, Prabhu Bikash Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd in, 2016, attaining the status of A class financial institution licensed and regulated by the central bank of Nepal, Nepal Rastra Bank. Standard Chartered throughout its long history has played an active role in supporting those communities in which its customers and staff live. For the day to day operations, the bank has been using the world renowned FINACLE software that provides real time access to customer database across all branches and corporate locations of the bank. The Bank is moving ahead in the Nepalese Banking Industry with significant growth in Net Profit with very nominal NPA. The bank keeps its customer at the center of all it does. Founded by promoters coming from a diverse professional backgrounds (such as manufacturing, trading, financial industry & real estate) with vision of becoming the most trusted bank by providing dedicated service to all the clients/ customers through thick and thin, Civil Bank envisions in becoming a dominant player in the banking industry of Nepal and firmly believes in contributing to its economic growth by empowering our rendering services to all classes and sectors of society. Punjab National Bank (PNB), our joint venture partner (holding 20% equity) is one of the largest nationalized bank in India having presence virtually in all important centers. The Bank closed the previous financial year 2020/21 with a balance sheet size of NPR152 billion that includes deposits and risk assets of NPR 117 billion and NPR 108 billion respectively. The overall objective of the bank is to contribute to Nation Building and meeting the expectation of its shareholders, depositors, customers and other stakeholders. The Bank also bagged Golden Peacock Business Excellence Award 2013 by Institute of Directors. Owing to its performance during the year 2012-13, the Bank earned many laurels & accolades in recognition to its service & overall performance. The Bank has been dedicated to maintain the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance. With 85,000 employees, we are present in 59 markets, our network serves customers in close to 150 markets. RBBL endured many stressful years of business and faced existential questions at some point of time in the past. The Bank follows prudent practices to conform to the Central Banks directives while ensuring constant adherence to its values, culture and traditions ingrained since inception. The most recent rating of HBL by Bankers Almanac as countrys number 1 Bank easily confirms our claim. The Bank is committed to delivering the highest level of professional financial services with a personal touch, not only to those who are already within the formal banking arena but also those who till date, have been outside it. Employee Provident Fund holds 15% equity and General Public 30%. With the implementation of Core Banking Software, FINACLE(version 10),the Bank is confident that it willprovide a robust, ultra-modern banking platform for all customers throughout the country. Today, NIC ASIA has established itself as one of the most successful commercial banks in Nepal. Our operations reflect our Purpose, which is to drive commerce and prosperity through our unique diversity. This was initiated by providing banking services to people removing their inconvenience. The French partner (holding 50% of the capital of NIBL) was Credit Agricole Indosuez, a subsidiary of one of the largest banking group in the world. The bank has 115 Branches, 143 ATM Counters, 31 Revenue Collection Counters and 3 Extension Counters across the country making it a very efficient and accessible bank for its customers, anytime, anywhere. The Bank has been promoted by highly renowned Non-Residential Nepalese, prominent businessman and industrialists with a vision and dedication to provide the best financial products and services in the most efficient and professional manner. 1,000 million. It builds on the success of our current community programs while growing our ambition to ensure that we are reaching more young people across our markets. Now, the Bank having completed eleven years of operations is on its way to realizing the aspirations of 2,699 Promoters who comprise primarily from middle class families spread over more than 63 Districts of Nepal. During the post-merger integration phase, NIC ASIA managed the transition very smoothly receiving accolades from the regulators as well as the stakeholders, paving the way for other mergers and consolidation in the Nepalese financial sector. Inan economy driven by appetite for success, Sunrise Bank Limited is Rising to Serve by defining new levels of services and products. The Bank acquired Kasthamandap Development Bank Ltd., Paschimanchal Finance Co. Ltd., Mahakali Bikash Bank Ltd. and Kankrebihar Bikash Bank Ltd. on Asadh 2074; with an objective to fulfill the directive forwarded by Nepal Rastra Bank to attain the paid-up capital ofNPR 8 billion. Sanima has been committed to meet customer expectations in all areas of its business through continuous improvement for overall benefit of the economy. Founded in 1994, the Bank has been one of the leading banks of the country and has been catering its services to various segments of the society. All key financial indicators of the Bank are well within prudential and regulatory norms. It has been undertaking activities such as variety of deposit schemes, loans and advances, Foreign exchange facilities, Trade financing, Inward/outward remittances, market maker for government securities, Non-Fund based service like issuing guarantees, letter of credits etc. Nepal Investment Bank Ltd. (NIBL), previously Nepal Indosuez Bank Ltd., was established in 1986 as a joint venture between Nepalese and French partners. The Bank has developed corresponding agency relationship with more than 150 International Banks having worldwide network. 21.20 billion. With 14 points of representation, 28 ATMs across the country and more than 504 local staff, Standard Chartered Bank Nepal Limited is serving its clients and customers through a strategic domestic network. The bank has been handling government transactions and is officially among one of the few commercial banks trusted by the Government in handing Government revenue transactions of various offices. The paid up capital of the bank has since been increased to NPR 23.79 billion. With the completion of recent merger with (former) International Leasing and Finance Company Limited, Civil Bank is steadfastly taking strides towards reaching its target of NPR 8 billion in paid-up capital by the end of the Fiscal Year 2073/74 (ending in mid-July 2017). Driven by a customer-centered philosophy, Civil Bank Limited always endeavors to provide essential banking services and access to finance to Nepali denizens from all strata across the country through support of sophisticated technology. Institutionalized by a highly professional and experienced team, we have gained credibility in the banking sector through quality financial service.

With clients from all walks of life, the Bank has helped the nation to develop corporately, agriculturally & industrially. 101.57 billion, besides investment portfolio (including investment on subsidiary) of Rs. The bank has established itself as an emerging player in financial sector with focus in customer service excellence maintaining excellent relationship with valued customers. As a bank founded by reputed entrepreneurs, we understand the needs of a growing economy and are well equipped to serve them. The Bank steadfastly endeavors to create value for all stakeholders including its promoters and shareholders in its wholehearted attempts to become the Bank of the people through sustainable earnings. The Bank started its joint transaction from January 01, 2017 has now become one of the largest private sector commercial bank. There are 174 branches and 117ATMs all over the country. With our team of experienced bankers and professionals with proven track record, we, at NIBL believe in offering the best of what our customers look for. Standard Chartered Bank Nepal Limited has been in operation in Nepal since 1987 when it was initially registered as a joint-venture operation. In terms of the Technical Services Agreement between SBI and the NSBL, the former provides management support to the bank through its expatriate officers including Managing Director who is also the CEO of the Bank. The Bank realizes that its success is directly correlated with the pace at which it fosters its relationship with its stakeholders, so that in every step of its journey, both parties benefit, succeed and grow together.