List of banks in Nepal

This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank.[1]

Class A: Commercial banks

Commercial banks are rated as Class "A" banks by the Nepal Rastra Bank. There are 21 commercial banks as of 24 February 2023.[1]

Banks with government investment

Bank Name	Established	Headquarters	Paid-up capital
Agriculture Development Bank	1968	Ramshahpath, Kathmandu	रु 1862.04 crore
Nepal Bank	1937	Dharmapath, Kathmandu	रु 1469.40 crore
Rastriya Banijya Bank	1966	Singhadurbarplaza, Kathmandu	रु 1463.74 crore

Private Sector Banks

Bank Name	Established	Headquarters	Paid-up capital
Citizens Bank International	2007	Narayanhitipath, Kathmandu	रु 1420.10 crore
Everest Bank	1994	Lazimpat, Kathmandu	रु 1069.81 crore
Global IME Bank	2012	Kamaladi, Kathmandu	रु 3577.11 crore
Himalayan Bank	1993	Kamaladi, Kathmandu	रु 2165.66 crore
Kumari Bank	2001	Durbarmarg, Kathmandu	रु 2622.59 crore
Laxmi Bank	2002	Hattisar, Kathmandu	रु 1155.13 crore
Machhapuchhre Bank	2012	Lazimpat, Kathmandu	रु 1025.72 crore
Nabil Bank	1984	Beena Marg, Kathmandu	रु 2705.70 crore
Nepal Investment Mega Bank	2023	Durbarmarg, Kathmandu	रु 3412.86 crore
Nepal SBI Bank	1993	Kesharmahal, Kathmandu	रु 1012.06 crore
NIC Asia Bank	2013	Thapathali, Kathmandu	रु 1156.40 crore
NMB Bank	2008	Babarmahal, Kathmandu	रु 1836.67 crore
Prabhu Bank	2016	Babarmahal, Kathmandu	रु 2354.25 crore
Prime Commercial Bank	2007	Kamalpokhari, Kathmandu	रु 1940.26 crore
Sanima Bank	2012	Nagpokhari, Kathmandu	रु 1246.01 crore
Siddhartha Bank	2002	Hattisar, Kathmandu	रु 1409.00 crore
Standard Chartered Bank	1987	Nayabaneshwor, Kathmandu	रु 942.95 crore
Sunrise Bank	2007	Gairidhara, Kathmandu	रु 1011.89 crore

Defunct commercial banks

Bank	Closed	Fate
Bank of Asia Nepal	2013	Merged with NIC Bank and renamed NIC Asia Bank[2]
Bank of Kathmandu	2023	Merged with Global IME Bank[3]
Century Commercial Bank	2023	Acquired by Prabhu Bank[4]
Commerz & Trust Bank	2014	Merged with Global IME Bank[5]
Grand Bank Nepal	2016	Merged with Prabhu Bank[6]
Global Bank	2012	Merged with IME Financial Institution and Lord Buddha Finance and renamed Global IME Bank[7]
Janata Bank	2019	Merged with Global IME Bank[8]
KIST Bank	2014	Merged with Prabhu Bikas Bank, Gaurishankar Development Bank & Zenith Finance and renamed Prabhu Bank[9]
Lumbini Bank	2016	Merged with Bank of Kathmandu and operated as Bank of Kathmandu Lumbini; later renamed to Bank of Kathmandu in 2017[10][11]
Mega Bank Nepal	2023	Merged with Nepal Investment Bank and renamed Nepal Investment Mega Bank[12]
Nepal Bangladesh Bank	2022	Acquired by Nabil Bank[13]
Nepal Credit & Commerce Bank	2023	Merged with Kumari Bank[14]
Nepal Investment Bank	2023	Merged with Mega Bank Nepal and renamed Nepal Investment Mega Bank[12]
Nepal Industrial and Commercial Bank	2013	Merged with Bank of Asia Nepal and renamed NIC Asia Bank[2]
Civil Bank	2023	Merged with Himalayan Bank

Class B: Development banks

Development banks are rated as Class "B" banks by the Nepal Rastra Bank. There are 17 development banks as of January 2023.[1]

Bank Name	Established	Headquarters	Paid-up capital
Corporate Development Bank	2007	Birgunj, Madhesh	रु 50.00 crore
Excel Development Bank	2005	Birtamod, Province 1	रु 124.97 crore
Garima Bikas Bank	2007	Lazimpat, Kathmandu	रु 518.77 crore
Green Development Bank	2013	Pokhara, Gandaki	रु 51.90 crore
Jyoti Bikas Bank	2008	Kamaladi, Kathmandu	रु 426.78 crore
Kamana Sewa Bikas Bank	2006	Gyaneshwor, Kathmandu	रु 314.26 crore
Karnali Development Bank	2004	Nepalgunj, Lumbini	रु 50.28 crore
Lumbini Bikas Bank	1998	Dillibazaar, Kathmandu	रु 338.28 crore
Mahalaxmi Development Bank	1995	Durbar Marg, Kathmandu	रु 401.09 crore
Miteri Development Bank	2006	Dharan, Province 1	रु 101.50 crore
Muktinath Bikash Bank	2007	Kamaladi, Kathmandu	रु 642.09 crore
Narayani Development Bank	2001	Ratnanagar, Bagmati	रु 26.25 crore
Salapa Bikash Bank	2012	Diktel, Province 1	रु 2.80 crore
Saptakoshi Development Bank	2012	Dhankuta, Province 1	रु 83.43 crore
Sangrila Development Bank	2014	Baluwatar, Kathmandu	रु 301.07 crore
Shine Resunga Development Bank	2013	Butwal, Lumbini	रु 428.39 crore
Sindhu Bikas Bank	2010	Barhabise, Bagmati	रु 55.75 crore

Class C: Finance Companies

Finance companies are rated as Class "C" banks by the Nepal Rastra Bank. There are 17 finance companies as of January 2023.[1]

Company Name	Established	Headquarters	Paid-up capital
Best Finance	1995	Chabahil, Kathmandu	रु 82.89 crore
Capital Merchant Banking & Finance	2002	Battisputali, Kathmandu	रु 93.51 crore
Central Finance	1996	Kupondole, Lalitpur	रु 94.89 crore
Gurkhas Finance	1994	Dillibazar, Kathmandu	रु 86.80 crore
Goodwill Finance	1995	Hattisar, Kathmandu	रु 94.61 crore
Guheshwori Merchant Banking & Finance	2002	Pulchowk, Lalitpur	रु 95.04 crore
ICFC Finance	2004	Bhatbhateni, Kathmandu	रु 118.35 crore
Janaki Finance Co.	1997	Janakpurdham, Madhesh	रु 69.05 crore
Manjushree Finance	2007	Nayabaneshwor, Kathmandu	रु 135.16 crore
Multipurpose Finance Co.	1998	Rajbiraj, Madhesh	रु 45.20 crore
Nepal Finance	1993	Kamaladi, Kathmandu	रु 72.73 crore
Nepal Share Markets and Finance	1993	Ramshahapath, Kathmandu	रु 23.33 crore
Pokhara Finance	1997	Pokhara, Gandaki	रु 104.09 crore
Progressive Finance	1996	New Road, Kathmandu	रु 84.81 crore
Reliance Finance	2009	Pradarsani Marg, Kathmandu	रु 105.30 crore
Samriddhi Finance Company	2001	Hetauda, Bagmati	रु 81.89 crore
Shree Investment & Finance Co.	1994	Dillibazar, Kathmandu	रु 98.17 crore

Class D: Micro Finance Financial Institutions

Micro finance financial institutions are rated as Class "D" banks by the Nepal Rastra Bank. There are 63 finance companies as of March 2023.[1]

Aatmanirbhar Laghubitta
Abhiyan Laghubitta
Adarsha Laghubitta
Arambha Chautari Laghubitta
Asha Laghubitta
BPW Laghubitta
Chhimek Laghubitta
Civil Laghubitta
CYC Nepal Laghubitta
Deprosc Laghubitta
Dhaulagiri Laghubitta
First Microfinance Laghubitta
Forward Microfinance Laghubitta
Ganapati Laghubitta
Global IME Laghubitta
Grameen Bikas Laghubitta
Gurans Laghubitta
Infinity Laghubitta
Jalpa Samudayik Laghubitta
Janautthan Samudayik Laghubitta
Jiban Bikash Laghubitta
Kalika Laghubitta
Khaptad Laghubitta
Kisan Laghubitta
Laxmi Laghubitta
Mahila Laghubitta
Mahuli Samudyik Laghubitta
Manakamana Smart Laghubitta
Manushi Laghubitta
Mero Microfinance Laghubitta
Mirmire Laghubitta
Mithila Laghubitta
NADEP Laghubitta
National Microfinance Laghubitta
Naya Sarathi Laghubitta
Nerude Laghubitta
NESDO Samriddha Laghubitta
NIC Asia Laghubitta
Nirdhan Utthan Laghubitta
NMB Laghubitta
Rastra Utthan Laghubitta
RMDC Laghubitta
RSDC Laghubitta
Sabaiko Laghubitta
Sadhana Nepal Laghubitta
Samaj Laghubitta
Samata Gharelu Laghubitta
Samudayik Laghubitta
Sana Kisan Bikas Laghubitta
Shrijanshil Laghubitta
Summit Laghubitta
Super Laghubitta
Support Laghubitta
Suryodaya Womi Laghubitta
Swabalamban Laghubitta
Swabhiman Laghubitta
Swastik Laghubitta
Sworojagar Laghubitta
Unique Nepal Lagubitta
Unnati Sahakarya Laghubitta
Upakar Laghubitta
Vijaya Laghubitta
Wean Nepal Laghubitta

References

"BFI's List in English (Mid Jan 2023)" (PDF). Nepal Rastra Bank. Retrieved 4 May 2023.
"NIC ASIA Bank : Successful Merger". SpotlightNepal. 14 July 2013. Retrieved 2023-01-12.
"Global IME Bank, BoK joint operation". The Himalayan Times. 2023-01-08. Retrieved 2023-01-12.
"Prabhu Bank completes acquisition of Century Bank". The Annapurna Express. Retrieved 2023-01-12.
"Global, Commerz & Trust merge; starts operations". kathmandupost.com. Retrieved 2023-01-12.
"Prabhu, Grand start joint ops after merger". kathmandupost.com. Retrieved 2023-01-12.
"From IME to Global IME Bank: Story behind Nepal's leading commercial bank". Fiscal Nepal. Retrieved 2023-01-12.
Joshi, Kriti (2019-12-07). "Global IME, Janata start integrated transaction". The Himalayan Times. Retrieved 2023-01-12.
"Prabhu Bank starts ops". kathmandupost.com. Retrieved 2023-01-12.
"Merged BoK, Lumbini start joint operations". kathmandupost.com. Retrieved 2023-01-12.
"BOKL to endorse to rename the company back to "Bank of Kathmandu Limited"". eng.merolagani.com. Retrieved 2023-01-12.
"इन्भेस्टमेन्ट र मेगा बैंक गाभिए, एकीकृत कारोबार सुरु". ekantipur.com (in Nepali). Retrieved 2023-01-12.
"Nabil completes acquisition of NBB". The Himalayan Times. 2022-07-12. Retrieved 2023-01-12.
"KBL, NCCB merge". The Himalayan Times. 2023-01-02. Retrieved 2023-01-12.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.

[:0-1] "BFI's List in English (Mid Jan 2023)" (PDF). Nepal Rastra Bank. Retrieved 4 May 2023.

[:2-2] "NIC ASIA Bank : Successful Merger". SpotlightNepal. 14 July 2013. Retrieved 2023-01-12.

[3] "Global IME Bank, BoK joint operation". The Himalayan Times. 2023-01-08. Retrieved 2023-01-12.

[4] "Prabhu Bank completes acquisition of Century Bank". The Annapurna Express. Retrieved 2023-01-12.

[5] "Global, Commerz & Trust merge; starts operations". kathmandupost.com. Retrieved 2023-01-12.

[6] "Prabhu, Grand start joint ops after merger". kathmandupost.com. Retrieved 2023-01-12.

[7] "From IME to Global IME Bank: Story behind Nepal's leading commercial bank". Fiscal Nepal. Retrieved 2023-01-12.

[8] Joshi, Kriti (2019-12-07). "Global IME, Janata start integrated transaction". The Himalayan Times. Retrieved 2023-01-12.

[9] "Prabhu Bank starts ops". kathmandupost.com. Retrieved 2023-01-12.

[10] "Merged BoK, Lumbini start joint operations". kathmandupost.com. Retrieved 2023-01-12.

[11] "BOKL to endorse to rename the company back to "Bank of Kathmandu Limited"". eng.merolagani.com. Retrieved 2023-01-12.

[:1-12] "इन्भेस्टमेन्ट र मेगा बैंक गाभिए, एकीकृत कारोबार सुरु". ekantipur.com (in Nepali). Retrieved 2023-01-12.

[13] "Nabil completes acquisition of NBB". The Himalayan Times. 2022-07-12. Retrieved 2023-01-12.

[14] "KBL, NCCB merge". The Himalayan Times. 2023-01-02. Retrieved 2023-01-12.

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