number of commercial bank in nepal


Siddhartha Bank Limited (SBL) (Nepali: ), established in 2002 and promoted by prominent personalities of Nepal, today stands as one of the consistently growing banks in Nepal. Borrowers from commercial banks (per 1,000 adults), Depositors with commercial banks (per 1,000 adults), Bank nonperforming loans to total gross loans (%), Automated teller machines (ATMs) (per 100,000 adults), Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+), Domestic credit provided by financial sector (% of GDP), Account ownership at a financial institution or with a mobile-money-service provider, poorest 40% (% of population ages 15+), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. india number indian under water national development material level child mission march launched Among them, 12 are public sector banks and 22 are private sector banks. Bank of Kathmandu has a total of 86 branches out of which 21 branches are in Kathmandu Valley and 65 branches outside the Kathmandu Valley. Kathmandu, NepalTelephone: +977-1-4423432/4423433/4423436Fax: +977-1-4425955Email : [emailprotected].

The liberalisation measures induced private sector entry and rapid sector expansion. The source did not provide a publication date. The government was substantially involved in the management and operations of the banks. ) was incorporated in April 2002 as the 16th commercial bank in Nepal. Century Commercial Bank Limited (CCBL) (Nepali: ) is a commercial bank in Nepal established on January 23, 2011 with the objective of providing simplified banking services by taking advantage of innovations in information and communication technology. "Infrastructure development banks have also been established to invest in mega projects," Shrestha said.

Profit from the additional features of your individual account. Prabhu Building, Babarmahal, KathmanduTelephone: +977-1-4788500Fax: +977-1-4780588Email: [emailprotected]P.O. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange. Figures have been rounded. Putalisadak, Kathmandu, NepalTelephone: +977-1-4445062/4412579/4428392Toll-Free: 16600126100Fax: 977-1-4441422Email: [emailprotected]P.O. rastra Nepal Credit & Commerce Bank Limited(NCCB) (Nepali: ) formally registered as Nepal - Bank of Ceylon Ltd. (NBOC), commenced its operation on October 1996 as a Joint Venture with Bank of Ceylon, Sri Lanka. In India, as of March 2022, there were 34 commercial banks. The 'A' class commercial bank started its banking operations from its own head office located in the foothills of Mount Machhapuchchhre in the town of Pokhara since the year 2000. Commercial banks are the largest part of the financial system comprising 54.5 percent of the assets followed by Nepal Rastra Bank with 17.6 percent.

Kamaladi, Kathmandu, NepalTelephone: +977-1-4226247/4228671Fax: +977-1-4228036Email: [emailprotected]P.O. August 14, 2020. All Rights Reserved. Laxmi Bank Ltd. Register in seconds and access exclusive features. This means there is an adequate level of competition in the banking industry, and the market power or monopoly of individual banks is comparatively low, the report says.

Prabhu Bank Limited (PRVU) (Nepali: ) is a commercial bank in Nepal. The bank is an 'A' class commercial bank licensed by Nepal Rastra Bank and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services. These results imply that banking sector merger has been beneficial for banking and financial institutions. Before joining The Kathmandu Post in 2018, she spent 3 years in New Business Age magazine covering business.

NCC Bank completed its 22 years of banking services and 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. At present, NCC provides banking services and facilities to rural and urban areas of the country through its 120 branches and 81 ATMs scattered all over the country.

Babarmahal, KathmanduTelephone: 01-4246160Toll-Free: 16600125252Email: [emailprotected]. Mega Bank Nepal Limited (MEGA) (Nepali: ) is one of the premier Financial Institution of Nepal. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange. Prime Commercial Bank Limited (PCBL) (Nepali: ) was incorporated in September 2007 as the 21st commercial bank in Nepal. According to Shrestha, banks and financial institutions that relied on commercial activities for decades are now gradually becoming capable of making large investments in infrastructure projects. It imposed interest rate controls, selective credit policies and controls on the entry and exit of financial institutions, according to a separate report of the Asian Development Bank. Bank of Kathmandu Limited (BOK) (Nepali: ) was established in the year 1995 with the goal to make customer life easier and with a vision to become a significant contributor to the economic development of Nepal by distinguishing the Bank as an efficient, competitive, safe and top-quality financial institution. "Number of Commercial Bank Branches per Hundred Thousand Adults in Nepal from 2009 to 2018. ", UNESCAP, Number of commercial bank branches per hundred thousand adults in Nepal from 2009 to 2018 Statista, https://www.statista.com/statistics/674703/commercial-bank-branches-per-100-thousand-adults-nepal/ (last visited July 21, 2022), Number of commercial bank branches per hundred thousand adults in Nepal from 2009 to 2018, Available to download in PNG, PDF, XLS format, Leading European banks 2021, by market capitalization, Market capitalization of leading European banks 2010-2020, Market capital value of Europe's largest banks since the coronavirus 2021, Leading European banks 2022, by brand value, Largest banks in the United Kingdom (UK) 2016-2021, by market capitalization, Total assets of the largest banks in the United Kingdom (UK) 2012-2021, Most valuable bank brands in the UK in 2015-2022, Cost/income of the United Kingdoms leading banks 2021, Revenue of leading banks in the United Kingdom (UK) 2014-2021, CET1 ratio of the United Kingdom's largest banks 2021, Risk-weighted assets of United Kingdom's largest banks 2021, Number of branches at leading British-owned banks in the UK 2017-2021, UK: number of open basic bank accounts as of June 2021, by bank, Current account switches of United Kingdom (UK) banks Q2 2021, by net gain/loss, Ratio of bank customers won and loss in the UK Q1 2021, Current account holder satisfaction levels for UK-operating banks 2021, Number of bank branches in Indonesia 2005-2016, Number of bank branches in Vietnam 2010-2019, Number of commercial bank branches per 100,000 adults 2014, by country, Number of bank branches in Thailand 2005-2016, Number of bank branches Cambodia 2009-2018, Commercial bank branches per 100 thousand adults in LatAM & Caribbean 2004-2014, Number of bank branches in Sri Lanka 2005-2015, Commercial bank branches per 100 thousand adults in East Asia & Pacific 2004-2014, Number of bank branches in Singapore 2005-2016, Number of bank branches in Pakistan 2005-2016, Number of bank branches Bangladesh 2009-2018, Number of bank branches Myanmar 2009-2018, Number of bank branches APAC 2018 by country or region, Number of bank branches Mongolia 2009-2018, Number of bank branches in Malaysia 2005-2016, Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. Nepal has 27 commercial banks, 17 development banks, 17 finance companies, 66 micro finance institutions, and one infrastructure development bank. : 20394. However, operational efficiency of the banking sector has not significantly improved, the study said. facts. NMB Bank Limited Learn more about how Statista can support your business.

: 26100. With the increase in the paid-up capital and assets in recent years, many commercial banks have become able to invest in big projects on their own or with consortium partners. Century Commercial Bank Limited Bagbazar,Kathmandu, NepalTelephone: +977-1-4246991/4258056Toll-Free: 1660-01-45678Fax: +977-1-424610Email: [emailprotected]P.O. Hattisar, Kathmandu, NepalTelephone: +977-1-4444684/685Fax: +977-1-4444640/743Email: [emailprotected]. The share of development banks, finance companies and micro finance institutions is 5.1, 1.6 and 4.1 percent respectively. To use individual functions (e.g., mark statistics as favourites, set Date given here is the date of initial access. Narayanhiti Path, Kathmandu, NepalTelephone: +977-1-4427842/43/24Toll-Free: 16600166667Fax: +977-1-4427044Email: [emailprotected]. List of Internet Service Provider in Nep. Moreover, 69 percent of the respondents reported that the risk bearing capacity had increased, 58 percent reported that the quality of the assets had improved, and 46 percent reported that the spread rate had declined after the merger process. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange. However, there is a need for the regulator as well as the involved institutions to focus on operational efficiency gains of the banking and financial institutions in the post-merger phase, the report said. Machhapuchchhre Bank Limited (MBL) (Nepali: ) registered in 1998 as the first regional commercial bank from the western region of Nepal. You need a Single Account for unlimited access. Use Ask Statista Research Service.

Global IME Bank Limited is now operating 92 branches and 6 extension counters spread throughout Nepal. Box No.

Of the respondents from banking and financial institutions, 79 percent said the merger process had enhanced the risk-bearing capacity of the banking and financial systems, 67 percent opined that it had increased the investment capacity, 51 percent opined that it had helped maintain healthy competition, and 52 percent opined that it had helped increase operational efficiency.