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. 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. Himalayan Bank was established in 1993 in joint venture with Habib Bank Limited of Pakistan. Rastriya Banijya Bank Limited (RBBL) has a history of serving its customers far and wide across the nation for more than half a century. 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. 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. The bank was established with the largest capital base at the time with paid up capital of NPR 1.0 billion. 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 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. 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. Below is the list in alphabetical order. 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. So the bank has given due priority in developing human resources capable enough to understand the need of customer and meet their requirements. 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. Prime Commercial Bank Ltd. was incorporated in September 2007 as the 21st commercial bank in Nepal. 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 is moving ahead in the Nepalese Banking Industry with significant growth in Net Profit with very nominal NPA. The Bank has developed corresponding agency relationship with more than 150 International Banks having worldwide network. 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.
Shares of the bank are listed in Nepal Stock Exchange Ltd. since 1995.
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 a network of 129branches, 10 extension counters, 25branchless banking and 108ATMs across the country and offers a wide range of banking products in deposits, lending and other value added services such as internet/ mobile banking, remittance and branchless banking etc. The Bank operates its investment banking arm through its subsidiary Nabil Investment Banking Ltd.
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 . 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. Nabil Bank operates through its wide network of 135 branch offices, 183ATMs, numerous POS terminals, remittance agents spread across the nation.
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. Civil Bank has now substantially grown to become a bigger institution in terms of capital, asset size and business volumes. 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.
101.57 billion, besides investment portfolio (including investment on subsidiary) of Rs. 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). Laxmi Bank Ltd. was incorporated in April 2002 as the 16th commercial bank in Nepal. Nepal Bangladesh Bank was established as a joint venture bank with IFIC Bank Ltd., Bangladesh. Despite a relatively short history, Laxmi Bank has emerged as a major player across all business lines retail, midmarket, corporate, infrastructure and treasury. The exemplary performance of the bank in these last fourteen years has elevated it to a premier status in the industry. 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. 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. Nepal Bangladesh Bank was registered with Office of Company Registrar (50-050/051, Dated January 14, 1994) as a public company limited by shares. It takes pride in having its own buildings for its Head and Corporate Office in Lazimpat, and Branch offices in Naya Bazar, Pokhara, Jomsom, Baglung and Damauli. The Bank has been the pioneer in introducing client-focused products and services and aspires to continue its leadership. NSBL is one of the fastest growing Commercial Banks of Nepal with more than 1.10 millionsatisfied deposit customers and over 0.80 million ATM/Debit cardholders. 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. We are a Category A Financial Institution registered under the Banks and Financial Institutions Act of Nepal. Nepal SBI Bank has also established its wholly owned merchant banking subsidiary viz: Nepal SBI Merchant Banking Ltd. in the year 2016. 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. 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. While ensuring adequate finance is a vital part in the setting up and running of any business, it alone does not guarantee success. 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%. 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. All key financial indicators of the Bank are well within prudential and regulatory norms. There are 27 commercial banks (class A) approved by Nepal Rastra Bank. The expert team of highly skilled professionals provides industry-specific guidance and advisory for efficient financial management, resulting in higher customer profitability. Sanima, promoted by prominent and dynamic Non-Resident Nepalese (NRNs) Businessmen, commenced its operation in 2004 as a National Level Development Bank. 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. Mobile Banking, Internet Banking and Card Services. The bank has been able to achieve excellent diversification of its assets. The Bank has been moving forward through strategic growth while being socially responsible.
The total Asset Size, Deposit Portfolio and Risk Assets Portfolio of the Bank have grown exponentially over last 6 years of operations.
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. It is counted among the top 10 commercial banks in Nepal by independent raters and publications in the country. Recently, PNB was awarded with IDRBT Banking Technology Excellence Award under Customer Management & Intelligence Initiatives. A disaster recovery system (DRS) of the Bank has also been established in the Western Region of Nepal (200 kms west of Kathmandu). Further to that, the Bank acquired Deva Bikas Bank Limited and joint operation was started from Asadh 28, 2077.
Our operations reflect our Purpose, which is to drive commerce and prosperity through our unique diversity. 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. Following the completion of all regulatory requirements, Nepal Rastra Bank had issued Mega Bank its Operating License on 4th Shrawan, 2067 B.S. The Banks team comprises of more than 1,100 staffs and caters to more than 7,00,000 customers. A well balanced distribution of exposure in areas of national interest has been possible through long term forecasting and timely strategic planning. Global Bank Limited (GBL) was established in 2007 as an A class commercial bank in Nepal which provided entire commercial banking services. 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. 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. The Bank has gone through the various phases of its growth trajectory over a short period of its existence. 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. The Bank has 358branches, 100extension counters, 81branchless banking, and 473ATMs across Nepal with a network covering all major financial centers of the country. Nepal Bank Limited was established as FIRST bank of Nepal on Kartik 30, 1994 (November 15, 1937 A.D.) under Nepal Bank Act 1937. 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. 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. This initiative focuses on empowering the next generation to learn, earn and grow. Similarly, the Bank was recognized as Best Public Sector Bank by CNBC TV 18. But learning the lessons from the events and craving towards the brighter future, the Bank successfully implemented a restructuring plan; and now it stands as one of the most preferred bank with the highest number of customers all 77 districts and 7 provinces of the country. Today, the Bank is an integral part of Standard Chartered Group having an ownership of 70.21% in the company with 29.79% shares owned by the Nepalese public. 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. Raising deposit and mobilizing the collected deposit was even more difficult. This objective got better and bigger with the time.