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
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 | 195+ |
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 | 338+ |
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 | 384+ |
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
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
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
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
Micro finance financial institutions are classified as Class "D" banks by the Nepal Rastra Bank. There are 52 microfinance companies as of July 2024.[1] Among them 49 are retail microfinance and 3 are wholesale microfinance companies.
Retail Microfinance Companies
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 |
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 | 233 |
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 |
Sampada Laghubitta[18] | Gorkha,Gorkha | National | रु 70.00 Crore | 185 |
Samaj Laghubitta | Malangawa, Sarlahi | Madesh | रु 2.29 Crore | 6 |
Samata Garelu Laghubitta [19] | Banepa, Kavrepalanchowk | National | रु 45.00 Crore | 102 |
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
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
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
- ^ 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.
- ^ "तनहुँको सबैको र गोरखाको साधना लघुवित्तले पाए एकीकृत कारोबार गर्ने स्वीकृति". bizmandu.com. Retrieved 2024-06-28.
- ^ "Samata Gharelu Laghubitta Bittiya Sanstha Limited after the successful acquisition of Manakamana Smart Laghubitta Bittiya Sanstha Limited to commence its joint operation in the name of "Samata Gharelu Laghubitta Bittiya Sanstha Limited" from 24th Ashad, 2081". sharesansar.com. 15 December 2016. Retrieved 2024-06-28.
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