Other financial institutions in the country have been following our lead by introducing similar products and services. In 2004 Laxmi Bank merged with HISEF Finance Limited, a first generation financial company which was the first merger in Nepali corporate history. NIC ASIA Bank has its antecedents in NIC Bank which was established on 21st July 1998. Nepal SBI Bank has also established its wholly owned merchant banking subsidiary viz: Nepal SBI Merchant Banking Ltd. in the year 2016. 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. 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. This reflected in under subscription of shares (OnlyRs.0.842 million could be raised out of floated capital of Rs.2.5 million). 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. Truly a pioneer in the Domestic Banking Sector, Nabil Banks mission is to become the Bank of 1st choice of all its stakeholders including all strata of customers of retail, SME, corporate, state-owned enterprises, non-profit entities, multinational development agencies, along with the Banks employees and shareholders. Mobile Banking, Internet Banking and Card Services. The Bank has developed corresponding agency relationship with more than 150 International Banks having worldwide network. This was initiated by providing banking services to people removing their inconvenience. 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. 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. Our heritage and values are expressed in our brand promise, Here for good. 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. Institutionalized by a highly professional and experienced team, we have gained credibility in the banking sector through quality financial service. the bank has committed to continuously strive for realizing its objectives by leading the banking in every front with: Save my name, email, and website in this browser for the next time I comment.

Standard Chartered throughout its long history has played an active role in supporting those communities in which its customers and staff live. 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. 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. Absence of any bank in Nepal was hampering the economic progress of the country. The Bank has always stayed true to its three strong pillars: Service Excellence, Technology, and Product innovation. 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. 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. Century Commercial Bank Limited (CCBL) is a National Level Commercial bank established on January 23, 2011 with the objective of providing simplified banking services by taking advantage of innovations in information and communication technology. 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.

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 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. Along with this, the Bank offers latest digital banking services such as Mobile, Internet, andViber Banking and QR payments.The Bank is recognized as an innovative and fast-growing institution that always strives towardscustomer satisfaction. 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). Following the completion of all regulatory requirements, Nepal Rastra Bank had issued Mega Bank its Operating License on 4th Shrawan, 2067 B.S. and the Bank commenced its operations from 7th Shrawan 2067. We are a leading international banking group with a 160-year history in some of the worlds most dynamic markets. This has led to the start of customer-centric banking culture with the development of innovative services and products, enriching customers livelihoods and setting benchmarks in the Domestic Banking Sector. Laxmi Capital also manages Laxmi Value Fund 1 and Laxmi Equity Fund, the two Mutual Funds sponsored by Laxmi Bank, both of which are listed and traded at the Nepal Stock Exchange. The Bank understands that its role goes beyond just financial transactions, and towards the development of society as well. At present NCC provides banking services and facilities to rural and urban areas of the country through its 137branches, 114ATMs and 13Extension Counters scattered all over the country from Far West to Far East. 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. It is counted among the top 10 commercial banks in Nepal by independent raters and publications in the country. 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. 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. The Bank has been offering both Domestic and International Visa Debit and Credit Card, accessible in all VISA linked ATMs in Nepal and India. The Banks team comprises of more than 1,100 staffs and caters to more than 7,00,000 customers. It has been established by prominent business personnel and professionals from diversified areas with a prime objective of providing Banking Services to Everyone in the country where still large number of population are deprived of Banking Services. Extending credit to deprived sectors of the society through micro-lending and financing priority sectors that include agriculture, renewable energy and tourism are key areas that define the Banks commitment to the countrys development initiative. 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. 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%. Nepal Bangladesh Bank Ltd. is a leading A class commercial bank licensed by Nepal Rastra Bank.

Our parent State Bank of India has an extensive network, withover 22,000 branches in Indiaand 229foreign offices in 31countriesacrossthe world. Your aspirations are our benchmarks and we will always be Rising to Serve. 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. Nepal Bank Limited has so far adopted according to the technological changes, national economic welfare, customer preferences in services, market competition and global financial scenarios to become a leading, glorious and highly reputed bank of Nepal. Prime Commercial Bank Ltd. was incorporated in September 2007 as the 21st commercial bank in Nepal. The Bank has paid up capital of NPR 14.71 billion. The Bank has pioneered in providing modern banking services like Internet Banking and Mobile Banking. Legacy of Himalayan lives on in an institution thats known throughout Nepal for its innovative approaches to merchandising and customer service. 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.

This objective got better and bigger with the time.

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. There are three pillars to the strategy: education, employability and entrepreneurship. The Bank was rechristened as NIC ASIA Bank after the merger of NIC Bank with Bank of Asia Nepal on 30th June 2013. Civil Bank is a policy driven Bank which functions with the principle of zero tolerance in terms of compliance with all regulations, policies, manuals/ guidelines and prudential banking norms, and always believes and functions with ethical business values. 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. So the bank has given due priority in developing human resources capable enough to understand the need of customer and meet their requirements. Nepal Bangladesh Bank started its banking operation from 6th June, 1994. As of 31st Ashad, 2078, the Bank has deposits of Rs. Since February 2012, Sanima has been functioning as an A Class Commercial Bank with its registered office at Alakapuri, Naxal, Kathmandu. 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. Himalayan Bank was established in 1993 in joint venture with Habib Bank Limited of Pakistan. Laxmi Banks microfinance subsidiary Laxmi Laghubitta Bittiya Sanstha Ltd, a category D financial institution licensed by Nepal Rastra Bank is in operation since 2012. Two more B class development banks (Social Development Bank and Gulmi Bikas Bank) merged with Global IME Bank Ltd in year 2013. Standard Chartered Bank Nepal Limited offers a full range of banking products and services to a wide range of clients and customers including individuals, mid-market local corporates, multinationals, large public-sector companies, government corporations as well as the development organizations segment comprising of aid agencies, bilateral entities, multilateral entities, non-government organizations and international non-government organizations. The Government of India is the majority stakeholder and has controlling stake in SBI, a Fortune 500 entity. Banks Micro Banking Corporate slogan states: Financial Inclusion for Economic Empowerment. Post this acquisition, the Banks branch-network reached 203 branches, 138 ATMs, Banks loan investment to NPR 112billion and deposit-baseto NPR 124billion.

With an array of techno-tailored products and services supported with the state-of-the art technology, Civil Bank has placed itself as one of the leading Banks in terms of technology driven products and services. The Bank has 358branches, 100extension counters, 81branchless banking, and 473ATMs across Nepal with a network covering all major financial centers of the country. Standard Chartered Bank Nepal Limited has been in operation in Nepal since 1987 when it was initially registered as a joint-venture operation. In a short span of time, the total strength of the Banks workforce has also increased significantly to exceed 850+ and its network of branches have reached 115 enabling the Bank to meet the demands and financial/ banking requirements of the customer across the country more efficiently. 21.20 billion. We are listed on the London and Hong Kong Stock Exchanges. 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. The Bank has completed years of journey since the inception and has accommodated seven different financial institutions in its making. 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. 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. 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. The bank is also assigned a rating of A by ICRA Nepal. Today, through its branches and a host of IT enabled channels, the Bank serves a wide range of customers. Noteablly, Nepal Bank Limited was inaugurated by King Tribhuvan with supportive vision of Prime Minister Juddha Shumsher Jung Bahadur Rana to institutionalize formal banking system in Nepal. A well balanced distribution of exposure in areas of national interest has been possible through long term forecasting and timely strategic planning. 1,000 million. 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). Halo to Hydro or from Plough to Power is the slogan which drives the Mega Team in furthering banking services with excellence. The Bank enjoys the status of the only international bank currently operating in Nepal. The banks shares are publicly traded as an A category company in the Nepal Stock Exchange. 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. As a bank founded by reputed entrepreneurs, we understand the needs of a growing economy and are well equipped to serve them. As the leading banking and financial services group in Nepal, the Bank will be there where growth is, connecting customers to the opportunities, enabling business to thrive and economies to prosper and ultimately helping people to fulfill their hopes and realize their ambitions.

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. Personalized service, prompt transactions, wide networks, mobile Banking and real-time account credit are few of the core strength of the bank. Civil Bank has now substantially grown to become a bigger institution in terms of capital, asset size and business volumes. The overall objective of the bank is to contribute to Nation Building and meeting the expectation of its shareholders, depositors, customers and other stakeholders. Below is the list in alphabetical order. Established on April 20, 2007 (2064/01/07) as 20th commercial bank of the nation, Citizens Bank International Limited, has its corporate office at the heart of the financial sector of the country, Narayanhiti Path, Kathmandu. The bank then fully owned by Government of Nepal, was established on 10 Magh 2022 (23 January 1966) under the special statute Rastriya Banijya Bank Act, 2021 and had operated under Commercial Bank Act,2031 until it was re-registered as public limited company on 6 Baishak 2063 (19 May 2006). Home Finance List of 27 Commercial Banks (Class A) in Nepal. 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. Laxmi Bank Ltd. was incorporated in April 2002 as the 16th commercial bank in Nepal. 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. Rastriya Banijya Bank Limited (RBBL) has a history of serving its customers far and wide across the nation for more than half a century. 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. State Bank of India (SBI), with a more than 214year history, is the largest commercial Bank in India in terms of assets, deposits, profits, branches, customers and employees. 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 was the time when there was no trust for such formal banking system. 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 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. The Bank enjoys leading position in the country in terms of penetration of technology products, viz. Despite a relatively short history, Laxmi Bank has emerged as a major player across all business lines retail, midmarket, corporate, infrastructure and treasury.

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. The share held by government and private sector was 60% and 40% respectively. 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 total Asset Size, Deposit Portfolio and Risk Assets Portfolio of the Bank have grown exponentially over last 6 years of operations. The Banks shares are listed and actively traded in the Nepal Stock Exchange (NEPSE). All key financial indicators of the Bank are well within prudential and regulatory norms. The bank has diversified interests in hydro power, manufacturing, textiles, services industry, aviation, exports, trading and microfinance projects, just to mention a few. Besides these, the Bank is providing 365 Days Banking and Evening Counter services to the customers through many of its offices. With clients from all walks of life, the Bank has helped the nation to develop corporately, agriculturally & industrially. The Bank is moving ahead in the Nepalese Banking Industry with significant growth in Net Profit with very nominal NPA. 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. 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. There are 27 commercial banks (class A) approved by Nepal Rastra Bank. The Bank operates its investment banking arm through its subsidiary Nabil Investment Banking Ltd. The Bank believes in delivering shareholder value in a social, ethical and environmentally responsible manner. 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). Later, in the year 2014, Global IME Bank made another merger with Commerz and Trust Bank Nepal Ltd. (an A class commercial bank). While ensuring adequate finance is a vital part in the setting up and running of any business, it alone does not guarantee success. It serves through 177 ATMs and POS terminals across the country. This initiative focuses on empowering the next generation to learn, earn and grow. 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. 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. The Bank also bagged Golden Peacock Business Excellence Award 2013 by Institute of Directors. 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. It was then the first private sector Bank with the largest authorized capital of NRS. In the same year,for the first time in the history of Nepal, the bank was awarded the title of Bank of the Year 2021 Asia by The Banker, Financial Times, London. The bank was established with the largest capital base at the time with paid up capital of NPR 1.0 billion. The Bank has been able to imprint its presence in national economy through efficient allocation of resources in all sectors of economy thereby enhancing production and generating employment opportunities within the country. 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.