List of banks in Nepal
This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank and their branches/ extension counters.[1]
Class A: Commercial banks[edit]
Commercial banks are classified as Class "A" banks by the Nepal Rastra Bank. There are 20 commercial banks as of Mid Jan 2024.
Bank Name | Headquarter | Paid-up capital | Branches & Extension Counters |
---|---|---|---|
Agriculture Development Bank | Ramshahpath, Kathmandu | रु 18.88 Arab | 290+ |
Nepal Bank | Bhugol Park, Kathmandu | रु 14.69 Arab | 250+ |
Rastriya Banijya Bank | Singhadurbar, Kathmandu | रु 15.64 Arab | 350+ |
Citizens Bank International Limited | Narayanhitipath, Kathmandu | रु 14.20 Arab | 193+ |
Everest Bank | Lazimpat, Kathmandu | रु 11.77 Arab | 133+ |
Global IME Bank Limited | Kamaladi, Kathmandu | रु 36.13 Arab | 435+ |
Himalayan Bank | Kamaladi, Kathmandu | रु 21.66 Arab | 198+ |
Kumari Bank | Naxal, Kathmandu | रु 26.23 Arab | 352+ |
Laxmi Sunrise Bank | Hattisar, Kathmandu | रु 23.19 Arab | 282+ |
Machhapuchhre Bank | Lazimpat, Kathmandu | रु 11.62 Arab | 178+ |
Nabil Bank | Teendhara, Kathmandu | रु 27.06 Arab | 288+ |
Nepal Investment Mega Bank | Durbarmarg, Kathmandu | रु 34.13 Arab | 337+ |
Nepal SBI Bank | Kamaladi, Kathmandu | रु 10.50 Arab | 120+ |
NIC Asia Bank | Thapathali, Kathmandu | रु 14.92 Arab | 480+ |
NMB Bank | Babarmahal, Kathmandu | रु 18.37 Arab | 213+ |
Prabhu Bank | Anamnagar, Kathmandu | रु 23.54 Arab | 380+ |
Prime Commercial Bank | Kamalpokhari, Kathmandu | रु 19.40 Arab | 194+ |
Sanima Bank | Narayanchaur, Kathmandu | रु 13.58 Arab | 136+ |
Siddhartha Bank | Naxal, Kathmandu | रु 14.09 Arab | 198+ |
Standard Chartered Bank | Naya Baneshwor, Kathmandu | रु 9.43 Arab | 15+ |
Defunct commercial banks[edit]
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 | Aquired by 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 | Acquired by Himalayan Bank[15] |
Laxmi Bank | 2023 | Merged with Sunrise Bank and renamed Laxmi Sunrise Bank[16] |
Sunrise Bank | 2023 | Merged with Laxmi Bank and renamed Laxmi Sunrise Bank[16] |
Class B: Development banks[edit]
Development banks are classified as Class "B" banks by the Nepal Rastra Bank. There are 17 development banks as of January 2024 and their outlets.[1]
Bank Name | Headquarter/ Corporate Office | Working Area | Paid-up capital | Branches & Extenson Counters |
---|---|---|---|---|
Corporate Development Bank | Adarsanagar, Birgunj | Parsa District | रु 0.53 Arab | 4 |
Excel Development Bank | Mukti Chowk, Birtamode | Koshi Province | रु 1.25 Arab | 46 |
Garima Bikas Bank | Lazimpat, Kathmandu | National | रु 5.68 Arab | 134 |
Green Development Bank | Sabhagriha Chowk, Pokhara | Gandaki Province | रु 0.52 Arab | 16 |
Jyoti Bikas Bank | Kamaladi, Kathmandu | National | रु 4.40 Arab | 123 |
Kamana Sewa Bikas Bank | Gyaneshwor, Kathmandu | National | रु 3.28 Arab | 136 |
Karnali Development Bank | Surkhet Road, Nepalgunj | Karnali Province | रु 0.50 Arab | 19 |
Lumbini Bikas Bank | Dillibazaar, Kathmandu | National | रु 3.52 Arab | 91 |
Mahalaxmi Development Bank | Durbar Marg, Kathmandu | National | रु 4.17 Arab | 104 |
Miteri Development Bank | Mahendrapath Dharan, Sunsari | Koshi Province | रु 1.11 Arab | 18 |
Muktinath Bikash Bank | Kamaladi, Kathmandu | National | रु 7.05 Arab | 190 |
Narayani Development Bank | Ratnanagar, Chitwan | Chitwan | रु 0.26 Arab | 5 |
Salapa Bikash Bank | Diktel Bazar, Khotang | Khotang District | रु 0.35 Arab | 6 |
Saptakoshi Development Bank | Main Road, Biratnagar | Koshi Province | रु 0.83 Arab | 35 |
Sangrila Development Bank | Baluwatar, Kathmandu | National | रु 3.43 Arab | 112 |
Shine Resunga Development Bank | Kalikanagar, Butwal | National | रु 4.73 Arab | 90 |
Sindhu Bikas Bank | Banepa, Kavrepalanchowk | Bagmati Province | रु 0.56 Arab | 27 |
Class C: Finance Companies[edit]
Finance companies are classified as Class "C" banks by the Nepal Rastra Bank. There are 17 finance companies as of January 2024 and their outlets.[1]
Company Name | Headquarter/ Corporate Office | Working Area | Paid-up capital | Branches & Extension Counters |
---|---|---|---|---|
Best Finance | Chabahil, Kathmandu | National | रु 0.85 Arab | 19 |
Capital Merchant Banking & Finance | Battisputali, Kathmandu | Problematic | रु 0.94 Arab | 1 |
Central Finance | Kupondole, Lalitpur | National | रु 0.95 Arab | 20 |
Gurkhas Finance | Dillibazar, Kathmandu | National | रु 0.87 Arab | 27 |
Goodwill Finance | Hattisar, Kathmandu | National | रु 0.95 Arab | 19 |
Guheshwori Merchant Banking & Finance | Pulchowk, Lalitpur | National | रु 1.01 Arab | 27 |
ICFC Finance | Bhatbhateni, Kathmandu | National | रु 1.18 Arab | 22 |
Janaki Finance | Station Road, Janakpur | Madhesh Province | रु 0.69 Arab | 5 |
Manjushree Finance | Nayabaneshwor, Kathmandu | National | रु 1.35 Arab | 27 |
Multipurpose Finance | Bidhyapati Chowk, Janakpur | Madhesh Province | रु 0.61 Arab | 5 |
Nepal Finance | Kamaladi, Kathmandu | National | रु 0.73 Arab | 13 |
Nepal Share Markets & Finance | Ramshahapath, Kathmandu | Problematic | रु 0.23 Arab | 1 |
Pokhara Finance | Newroad, Pokhara | National | रु 1.05 Arab | 26 |
Progressive Finance | New Road, Kathmandu | National | रु 0.85 Arab | 27 |
Reliance Finance | Pradarsani Marg, Kathmandu | National | रु 1.12 Arab | 22 |
Samriddhi Finance Company | Putalisadak,, Kathmandu | National | रु 0.82 Arab | 13 |
Shree Investment & Finance | Dillibazar, Kathmandu | National | रु 0.98 Arab | 13 |
Class D: Micro Finance Financial Institutions[edit]
Micro finance financial institutions are classified as Class "D" banks by the Nepal Rastra Bank. There are 53 microfinance companies as of June 2024.[1] Among them 50 are retail microfinance and 3 are wholesale microfinance companies.
Retail Microfinance Companies[edit]
Following are the retail microfinance companies and their outlets.[1]
Company Name | Headquarter/ Corporate Office | Working Area | Paid-up capital | Branches & Extension Counters |
---|---|---|---|---|
Aatmanirbhar Laghubitta | Ghorahi, Dang | Lumbini | रु 6.86 Crore | 22 |
Aviyan Laghubitta | Panauti, Kavrepalanchowk | National | रु 25 Crore | 61 |
Aarambha Chautari Laghubitta | Banepa, Kavrepalanchowk | National | रु 36.71 Crore | 142 |
Asha Laghubitta | Madanpur, Nuwakot | National | रु 64.16 Crore | 143 |
Chhimek Laghubitta | Old Baneshwor, Kathmandu | National | रु 297.7 Crore | 205 |
CYC Nepal Laghubitta | Pokhara, Kaski | National | रु 26.62 Crore | 125 |
Deprosc Laghubitta | Bharatpur, Chitwan | National | रु 170.6 Crore | 158 |
Dhaulagiri Laghubitta | Baglung bazar, Baglung | National | रु 13.31 Crore | 59 |
Forward Laghubitta | Duhabi, Sunsari | National | रु 105.6 Crore | 161 |
Ganapati Laghubitta | Suklagandaki, Tanahu | National | रु 15.15 Crore | 44 |
Global IME Laghubitta | Pokhara, Kaski | National | रु 61.89 Crore | 124 |
Grameen Bikas Laghubitta | Butwal,Rupandehi | National | रु 98.25 Crore | 198 |
Gurans Laghubitta | Dhankutabazar, Dhankuta | Koshi | रु 10.14 Crore | 36 |
Himalayan Laghubitta | Chabahil, Kathmandu | National | रु 31.98 Crore | 76 |
Infinity Laghubitta | Gaidakot Nawalparasi, | National | रु 50 Crore | 98 |
Jeevan Bikas Laghubitta | Katahari Morang | National | रु 134.7 Crore | 165 |
Janautthan Samudayik Laghubitta | Butwal, Rupandehi | National | रु 17.01 Crore | 40 |
Kalika Laghubitta | Pokhara, Kaski | National | रु 37.23 Crore | 101 |
Laxmi Laghubitta | Maharajgung, Kathmandu | National | रु 44.15 Crore | 96 |
Mahila Laghubitta | Banepa, Kavrepalanchowk | National | रु 21.76 Crore | 84 |
Mahuli Laghubitta | Bakdhuwa, Sptari | National | रु 32.24 Crore | 66 |
Manushi Laghubitta | Banepa, Kavrepalanchowk | National | रु 10.94 Crore | 37 |
Manakamana Smart Laghubitta | Siddharthanagar, Rupandehi | Lumbini | रु 14.85 Crore | 40 |
Matribhumi Laghubitta [17] | Budanilkantha, Kathmandu | National | रु 62.00 Crore | 240 |
Mero Microfinance Laghubitta | Battar, Nuwakot | National | रु 132 Crore | 151 |
Mithila Laghubitta | Dhalkebar, Dhanusha | National | रु 19.60 Crore | 45 |
Nadep Laghubitta | Gajuri, Dhading | National | रु 48.58 Crore | 98 |
National Laghubitta | Nilkantha, Dhading | National | रु 116.6 Crore | 187 |
Nerude Mirmire Laghubitta | Banepa, Kavrepalanchowk | National | रु 139.8 Crore | 267 |
Nesdo Samridda Laghubitta | Kushma,Parbat | National | रु 25.50 Crore | 57 |
NIC asia Laghubitta | Banepa, Kavrepalanchowk | National | रु 173.9 Crore | 296 |
Nirdhan Uthhan Laghubitta | Naxal, Kathmandu | National | रु 261.2 Crore | 196 |
NMB Laghubitta | Pokhara, Kaski | National | रु 72.14 Crore | 156 |
Sadhana Laghubitta[18] | Gorkha | National | रु 70.00 Crore | 185 |
Samaj Laghubitta | Malangawa, Sarlahi | Madesh | रु 2.29 Crore | 6 |
Samata Garelu Laghubitta | Banepa, Kavrepalanchowk | National | रु 39.42 Crore | 62 |
Samudayik Laghubitta | Banepa, Kavrepalanchowk | National | रु 17.52 Crore | 43 |
Shrinjansil Laghubitta | Golbazar, Siraha | National | रु 10.94 crore | 34 |
Super Laghubitta | Tulsipur, Dang | Problematic | रु 1.95 Crore | 25 |
Support Laghubitta | Itahari, Sunsari | Koshi | रु 9.52 Crore | 26 |
Suryodaya Womi Laghubitta | Banepa, Kavrepalanchowk | National | रु 79.19 Crore | 194 |
Swabalamban Laghubitta | Kamalpokhari, Kathmandu | National | रु 145 Crore | 155 |
Swabhiman Laghubitta | Tillottama, Rupandehi | Lumbini | रु 16.61 Crore | 37 |
Swastik Laghubitta | Lahan, Siraha | Madesh | रु 1.20 Crore | 13 |
Sworojgar Laghubitta | Banepa, Kavrepalanchowk | National | रु 67.11 Crore | 91 |
Unique Nepal Laghubitta | Kohalpur, Banke | National | रु 14.86 Crore | 42 |
Unnati Sahakarya Laghubitta | Siddharthanagar, Rupandehi | National | रु 24.69 Crore | 84 |
Upakar Laghubitta | Kohalpur, Banke | Lumbini | रु 10.61 Crore | 34 |
Vijaya Laghubitta | Gaidakot, Nawalparasi | National | रु 74.50 Crore | 148 |
Wean Nepal Laghubitta | Banepa, Kavrepalanchowk | Bagmati | रु 7.92 Crore | 23 |
Wholesale Microfinance Companies[edit]
Following are the wholesale microfinance companies as of June 2024.[1]
Company Name | Headquarter/ Corporate Office | Working Area | Paid-up capital | Branches & Extension Counters |
---|---|---|---|---|
First Microfinance Laghubitta | Gyaneswar, Kathmandu | National | रु 1.23 Arab | 3 |
Sana Kisan Bikas Laghubitta | Babarmahal, Kathmandu | National | रु 3.81 Arab | 13 |
RSDC Laghubitta | Gyaneswar, Butwal | National | रु 0.94 Arab | 3 |
Infrastructure Development Bank[edit]
Infrastructure Development Bank is non-classified Financial Institution licensed by Nepal Rastra Bank. There is one BFI as of January 2024.[1]
- Nepal Infrastructure Bank Limited
References[edit]
- ^ a b c d e f g "BFI's outlets". Nepal Rastra Bank. Retrieved 6 June 2024.
- ^ a b "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. 31 May 2020. 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.
- ^ a b "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.
- ^ "HBL and CBL start joint operation". The Himalayan Times. 2023-02-25. Retrieved 2023-07-15.
- ^ a b "एकीकृत कारोबार गर्दै 'लक्ष्मी सनराइज बैंक लिमिटेड'". Karobar Daily. Retrieved 2023-07-15.
- ^ "Jalpa Laghubitta to Merge with Kisan Laghubitta". investopaper.com. 2024-06-12. Retrieved 2024-06-14.
- ^ "Sabaiko Laghubitta and Sadhana Laghubitta Receive Final Approval From NRB for Merger". sharesansar.com. 2024-06-13. Retrieved 2024-06-14.