List of banks in Nepal

Last updated

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

Contents

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 NameHeadquarter Paid-up capital Branches & Extension Counters
Agriculture Development Bank Ramshahpath, Kathmandu रु 18.88 Arab290+
Nepal Bank Bhugol Park, Kathmanduरु 14.69 Arab250+
Rastriya Banijya Bank Singhadurbar, Kathmanduरु 15.64 Arab350+
Citizens Bank International Limited Narayanhitipath, Kathmanduरु 14.20 Arab195+
Everest Bank Lazimpat, Kathmanduरु 11.77 Arab133+
Global IME Bank Limited Kamaladi, Kathmanduरु 36.13 Arab435+
Himalayan Bank Kamaladi, Kathmanduरु 21.66 Arab198+
Kumari Bank Naxal, Kathmanduरु 26.23 Arab352+
Laxmi Sunrise Bank Hattisar, Kathmanduरु 23.19 Arab282+
Machhapuchhre Bank Lazimpat, Kathmanduरु 11.62 Arab178+
Nabil Bank Teendhara, Kathmanduरु 27.06 Arab288+
Nepal Investment Mega Bank Durbarmarg, Kathmanduरु 34.13 Arab337+
Nepal SBI Bank Kamaladi, Kathmanduरु 10.50 Arab120+
NIC Asia Bank Thapathali, Kathmanduरु 14.92 Arab480+
NMB Bank Babarmahal, Kathmanduरु 18.37 Arab213+
Prabhu Bank Anamnagar, Kathmanduरु 23.54 Arab383+
Prime Commercial Bank Kamalpokhari, Kathmanduरु 19.40 Arab194+
Sanima Bank Narayanchaur, Kathmanduरु 13.58 Arab136+
Siddhartha Bank Naxal, Kathmanduरु 14.09 Arab198+
Standard Chartered Bank Naya Baneshwor, Kathmanduरु 9.43 Arab15+

Defunct commercial banks

BankClosedFate
Bank of Asia Nepal2013Merged with NIC Bank and renamed NIC Asia Bank [2]
Bank of Kathmandu2023Merged with Global IME Bank [3]
Century Commercial Bank 2023Acquired by Prabhu Bank [4]
Commerz & Trust Bank2014Merged with Global IME Bank [5]
Grand Bank Nepal2016Aquired by Prabhu Bank [6]
Global Bank2012Merged with IME Financial Institution and Lord Buddha Finance and renamed Global IME Bank [7]
Janata Bank 2019Merged with Global IME Bank [8]
KIST Bank2014Merged with Prabhu Bikas Bank, Gaurishankar Development Bank & Zenith Finance and renamed Prabhu Bank [9]
Lumbini Bank2016Merged with Bank of Kathmandu and operated as Bank of Kathmandu Lumbini; later renamed to Bank of Kathmandu in 2017 [10] [11]
Mega Bank Nepal 2023Merged with Nepal Investment Bank and renamed Nepal Investment Mega Bank [12]
Nepal Bangladesh Bank 2022Acquired by Nabil Bank [13]
Nepal Credit & Commerce Bank2023Merged with Kumari Bank [14]
Nepal Investment Bank 2023Merged with Mega Bank Nepal and renamed Nepal Investment Mega Bank [12]
Nepal Industrial and Commercial Bank2013Merged with Bank of Asia Nepal and renamed NIC Asia Bank [2]
Civil Bank2023Acquired by Himalayan Bank [15]
Laxmi Bank2023Merged with Sunrise Bank and renamed Laxmi Sunrise Bank [16]
Sunrise Bank2023Merged 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 NameHeadquarter/ Corporate OfficeWorking Area Paid-up capital Branches & Extenson Counters
Corporate Development Bank Adarsanagar, Birgunj Parsa District रु 0.53 Arab4
Excel Development Bank Mukti Chowk, Birtamode Koshi Provinceरु 1.25 Arab46
Garima Bikas Bank Lazimpat, KathmanduNationalरु 5.68 Arab134
Green Development Bank Sabhagriha Chowk, Pokhara Gandaki Provinceरु 0.52 Arab16
Jyoti Bikas Bank Kamaladi, KathmanduNationalरु 4.40 Arab123
Kamana Sewa Bikas Bank Gyaneshwor, KathmanduNationalरु 3.28 Arab136
Karnali Development Bank Surkhet Road, Nepalgunj Karnali Provinceरु 0.50 Arab19
Lumbini Bikas Bank Dillibazaar, KathmanduNationalरु 3.52 Arab91
Mahalaxmi Development Bank Durbar Marg, KathmanduNationalरु 4.17 Arab104
Miteri Development Bank Mahendrapath Dharan, Sunsari Koshi Provinceरु 1.11 Arab18
Muktinath Bikash Bank Kamaladi, KathmanduNationalरु 7.05 Arab190
Narayani Development Bank Ratnanagar, Chitwan Chitwan रु 0.26 Arab5
Salapa Bikash Bank Diktel Bazar, Khotang Khotang District रु 0.35 Arab6
Saptakoshi Development Bank Main Road, Biratnagar Koshi Provinceरु 0.83 Arab35
Sangrila Development Bank Baluwatar, KathmanduNationalरु 3.43 Arab112
Shine Resunga Development Bank Kalikanagar, Butwal Nationalरु 4.73 Arab90
Sindhu Bikas Bank Banepa, Kavrepalanchowk Bagmati Provinceरु 0.56 Arab27

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 NameHeadquarter/ Corporate OfficeWorking Area Paid-up capital Branches & Extension Counters
Best FinanceChabahil, KathmanduNationalरु 0.85 Arab19
Capital Merchant Banking & FinanceBattisputali, KathmanduProblematicरु 0.94 Arab1
Central FinanceKupondole, LalitpurNationalरु 0.95 Arab20
Gurkhas FinanceDillibazar, KathmanduNationalरु 0.87 Arab27
Goodwill FinanceHattisar, KathmanduNationalरु 0.95 Arab19
Guheshwori Merchant Banking & FinancePulchowk, LalitpurNationalरु 1.01 Arab27
ICFC FinanceBhatbhateni, KathmanduNationalरु 1.18 Arab22
Janaki FinanceStation Road, Janakpur Madhesh Provinceरु 0.69 Arab5
Manjushree FinanceNayabaneshwor, KathmanduNationalरु 1.35 Arab27
Multipurpose FinanceBidhyapati Chowk, Janakpur Madhesh Provinceरु 0.61 Arab5
Nepal FinanceKamaladi, KathmanduNationalरु 0.73 Arab13
Nepal Share Markets & FinanceRamshahapath, KathmanduProblematicरु 0.23 Arab1
Pokhara FinanceNewroad, PokharaNationalरु 1.05 Arab26
Progressive FinanceNew Road, KathmanduNationalरु 0.85 Arab27
Reliance FinancePradarsani Marg, KathmanduNationalरु 1.12 Arab22
Samriddhi Finance CompanyPutalisadak,, KathmanduNationalरु 0.82 Arab13
Shree Investment & FinanceDillibazar, KathmanduNationalरु 0.98 Arab13

Class D: Micro Finance Financial Institutions

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

Following are the retail microfinance companies and their outlets. [1]

Company NameHeadquarter/ Corporate OfficeWorking Area Paid-up capital Branches & Extension Counters
Aatmanirbhar LaghubittaGhorahi, DangLumbiniरु 6.86 Crore22
Aviyan LaghubittaPanauti, KavrepalanchowkNationalरु 25 Crore61
Aarambha Chautari LaghubittaBanepa, KavrepalanchowkNationalरु 36.71 Crore142
Asha LaghubittaMadanpur, NuwakotNationalरु 64.16 Crore143
Chhimek LaghubittaOld Baneshwor, KathmanduNationalरु 297.7 Crore205
CYC Nepal LaghubittaPokhara, KaskiNationalरु 26.62 Crore125
Deprosc LaghubittaBharatpur, ChitwanNationalरु 170.6 Crore158
Dhaulagiri LaghubittaBaglung bazar, BaglungNationalरु 13.31 Crore59
Forward LaghubittaDuhabi, SunsariNationalरु 105.6 Crore161
Ganapati LaghubittaSuklagandaki, TanahuNationalरु 15.15 Crore44
Global IME LaghubittaPokhara, KaskiNationalरु 61.89 Crore124
Grameen Bikas LaghubittaButwal,RupandehiNationalरु 98.25 Crore198
Gurans LaghubittaDhankutabazar, DhankutaKoshiरु 10.14 Crore36
Himalayan LaghubittaChabahil, KathmanduNationalरु 31.98 Crore76
Infinity LaghubittaGaidakot Nawalparasi,Nationalरु 50 Crore98
Jeevan Bikas LaghubittaKatahari MorangNationalरु 134.7 Crore165
Janautthan Samudayik LaghubittaButwal, RupandehiNationalरु 17.01 Crore40
Kalika LaghubittaPokhara, KaskiNationalरु 37.23 Crore101
Laxmi LaghubittaMaharajgung, KathmanduNationalरु 44.15 Crore96
Mahila LaghubittaBanepa, KavrepalanchowkNationalरु 21.76 Crore84
Mahuli LaghubittaBakdhuwa, SptariNationalरु 32.24 Crore66
Manushi LaghubittaBanepa, KavrepalanchowkNationalरु 10.94 Crore37
Manakamana Smart LaghubittaSiddharthanagar, RupandehiLumbiniरु 14.85 Crore40
Matribhumi Laghubitta [17] Budanilkantha, KathmanduNationalरु 62.00 Crore240
Mero Microfinance LaghubittaBattar, NuwakotNationalरु 132 Crore151
Mithila LaghubittaDhalkebar, DhanushaNationalरु 19.60 Crore45
Nadep LaghubittaGajuri, DhadingNationalरु 48.58 Crore98
National LaghubittaNilkantha, DhadingNationalरु 116.6 Crore187
Nerude Mirmire LaghubittaBanepa, KavrepalanchowkNationalरु 139.8 Crore267
Nesdo Samridda LaghubittaKushma,ParbatNationalरु 25.50 Crore57
NIC asia LaghubittaBanepa, KavrepalanchowkNationalरु 173.9 Crore296
Nirdhan Uthhan LaghubittaNaxal, KathmanduNationalरु 261.2 Crore196
NMB LaghubittaPokhara, KaskiNationalरु 72.14 Crore156
Sadhana Laghubitta [18] GorkhaNationalरु 70.00 Crore185
Samaj LaghubittaMalangawa, SarlahiMadeshरु 2.29 Crore6
Samata Garelu LaghubittaBanepa, KavrepalanchowkNationalरु 39.42 Crore62
Samudayik LaghubittaBanepa, KavrepalanchowkNationalरु 17.52 Crore43
Shrinjansil LaghubittaGolbazar, SirahaNationalरु 10.94 crore34
Super LaghubittaTulsipur, DangProblematicरु 1.95 Crore25
Support LaghubittaItahari, SunsariKoshiरु 9.52 Crore26
Suryodaya Womi LaghubittaBanepa, KavrepalanchowkNationalरु 79.19 Crore194
Swabalamban LaghubittaKamalpokhari, KathmanduNationalरु 145 Crore155
Swabhiman LaghubittaTillottama, RupandehiLumbiniरु 16.61 Crore37
Swastik LaghubittaLahan, SirahaMadeshरु 1.20 Crore13
Sworojgar LaghubittaBanepa, KavrepalanchowkNationalरु 67.11 Crore91
Unique Nepal LaghubittaKohalpur, BankeNationalरु 14.86 Crore42
Unnati Sahakarya LaghubittaSiddharthanagar, RupandehiNationalरु 24.69 Crore84
Upakar LaghubittaKohalpur, BankeLumbiniरु 10.61 Crore34
Vijaya LaghubittaGaidakot, NawalparasiNationalरु 74.50 Crore148
Wean Nepal LaghubittaBanepa, KavrepalanchowkBagmatiरु 7.92 Crore23

Wholesale Microfinance Companies

Following are the wholesale microfinance companies as of June 2024. [1]

Company NameHeadquarter/ Corporate OfficeWorking Area Paid-up capital Branches & Extension Counters
First Microfinance LaghubittaGyaneswar, KathmanduNationalरु 1.23 Arab3
Sana Kisan Bikas LaghubittaBabarmahal, KathmanduNationalरु 3.81 Arab13
RSDC LaghubittaGyaneswar, ButwalNationalरु 0.94 Arab3

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]

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References

  1. 1 2 3 4 5 6 7 "BFI's outlets". Nepal Rastra Bank . Retrieved 6 June 2024.
  2. 1 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. 31 May 2020. 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.
  12. 1 2 "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.
  15. ↑ "HBL and CBL start joint operation". The Himalayan Times. 2023-02-25. Retrieved 2023-07-15.
  16. 1 2 "एकीकृत कारोबार गर्दै 'लक्ष्मी सनराइज बैंक लिमिटेड'". Karobar Daily. Retrieved 2023-07-15.
  17. ↑ "Jalpa Laghubitta to Merge with Kisan Laghubitta". investopaper.com. 2024-06-12. Retrieved 2024-06-14.
  18. ↑ "Sabaiko Laghubitta and Sadhana Laghubitta Receive Final Approval From NRB for Merger". sharesansar.com. 2024-06-13. Retrieved 2024-06-14.
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