List of banks in Nepal

Last updated

The Nepal Rastra Bank has licensed 107 BFIs [1] as of mid-Jan 2025 and 4 of them are declared problematic a& transactions are suspended. This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank and their branches/ extension counters.[ clarification needed ] [2]

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 July 2025. [3]

Bank NameHeadquarters Paid-up capital Total Assets Branches
Agriculture Development Bank Ramshahpath, Kathmandu रु 19.29 Arab रु 374.31 Arab309
Citizens Bank Narayanhitipath, Kathmanduरु 14.77 Arabरु 248.87 Arab210
Everest Bank Lazimpat, Kathmanduरु 12.94 Arabरु 328.03 Arab145
Global IME Bank Limited Kamaladi, Kathmanduरु 38.12 Arabरु 674.84 Arab439
Himalayan Bank Kamaladi, Kathmanduरु 22.58 Arabरु 390.2 Arab212
Kumari Bank Naxal, Kathmanduरु 26.23 Arabरु 352.56 Arab360
Laxmi Sunrise Bank Hattisar, Kathmanduरु 24.35 Arabरु 427.7 Arab299
Machhapuchhre Bank Lazimpat, Kathmanduरु 11.62 Arabरु 214.53 Arab184
Nabil Bank Teendhara, Kathmanduरु 27.06 Arabरु 651.15 Arab296
Nepal Bank Dharmapath, Kathmanduरु 14.69 Arabरु 390.99 Arab300
Nepal Investment Mega Bank Durbar Marg, Kathmanduरु 34.13 Arabरु 606.21 Arab355
Nepal SBI Bank Kamaladi, Kathmanduरु 10.90 Arabरु 231.98 Arab131
NIC Asia Bank Kamaladi, Kathmanduरु 14.92 Arabरु 380.14 Arab484
NMB Bank Nepal Babar Mahal, Kathmanduरु 18.37 Arabरु 358.04 Arab218
Prabhu Bank Anamnagar, Kathmanduरु 23.54 Arabरु 400.24 Arab396
Prime Commercial Bank Kamal Pokhari, Kathmanduरु 19.40 Arabरु 321.95 Arab201
Rastriya Banijya Bank Singha Durbar, Kathmanduरु 15.64 Arabरु 552.75 Arab378
Sanima Bank Narayanchaur, Kathmanduरु 13.58 Arabरु 260.29 Arab141
Siddhartha Bank Naxal, Kathmanduरु 14.09 Arabरु 335.55 Arab205
Standard Chartered Bank Naya Baneshwor, Kathmanduरु 10.04 Arabरु 156.12 Arab17

Merger And Acquisition of commercial banks

BankYearFate
Bank of Asia and NIC Bank Limited2013Merged and operated as NIC Asia Bank Limited [4]
Commerz & Trust Bank and Global IME Bank Limited 2014Merged and operated as Global IME Bank Limited [5]
KIST Bank Limited and Prabhu Bank Limited 2014Merged and operated as Prabhu Bank Limited [6]
Grand Bank Nepal and Prabhu Bank Limited 2016Merged and operated as Prabhu Bank Limited [7]
Lumbini Bank Limited and Bank of Kathmandu2016Merged and operated as Bank of Kathmandu Lumbini (later renamed to Bank of Kathmandu) [8]
Janata Bank and Global IME Bank Limited 2019Merged and operated as Global IME Bank Limited [9]
Nepal Bangladesh Bank and Nabil Bank Limited 2022Acquired by Nabil Bank Limited [10]
Nepal Credit & Commerce Bank and Kumari Bank Limited 2023Merged and operated as Kumari Bank Limited [11]
Bank of Kathmandu and Global IME Bank Limited 2023Merged and operated as Global IME Bank Limited [12]
Century Commercial Bank and Prabhu Bank Limited 2023Acquired by Prabhu Bank Limited [13]
Mega Bank Nepal Limited and Nepal Investment Bank Limited 2023Merged and operated as Nepal Investment Mega Bank [14]
Civil Bank and Himalayan Bank Limited 2023Acquired by Himalayan Bank Limited [15]
Sunrise Bank Limited and Laxmi Bank Limited 2023Merged and operated as Laxmi Sunrise Bank [16]

Class B: Development banks

Nepal Rastra Bank has licensed 17 development banks and has classified these on national and province level as per working area. There are 8 national level and 8 province/district level development banks operational as of July 2025 and a development bank is suspended from NRB.

Bank NameHeadquarters/ Corporate OfficeWorking Area Paid-up capital Branches &
Extension Counters
Website
Corporate Development Bank Adarsanagar, Birgunj Parsa Districtरु 0.53 Arab4
Excel Development Bank Mukti Chowk, Birtamode Koshi Pradesh रु 1.25 Arab48
Garima Bikas Bank Lazimpat, KathmanduNationalरु 6.02 Arab137
Green Development Bank Sabhagriha Chowk, Pokhara Gandaki Province रु 0.57 Arab16
Jyoti Bikas Bank Kamaladi, KathmanduNationalरु 4.40 Arab123
Kamana Sewa Bikas Bank Gyaneshwor, KathmanduNationalरु 3.86 Arab131
Lumbini Bikas Bank Dillibazaar, KathmanduNationalरु 3.62 Arab91
Mahalaxmi Development Bank Durbar Marg, KathmanduNationalरु 4.30 Arab104
Miteri Development Bank Mahendra Path, Dharan Koshi Pradesh रु 1.22 Arab18
Muktinath Bikash Bank Kamaladi, KathmanduNationalरु 8.00 Arab191
Narayani Development Bank Ratnanagar, Chitwan Chitwan Districtरु 0.52 Arab5
Sangrila Development Bank Baluwatar, KathmanduNationalरु 3.56 Arab109
Shine Resunga Development Bank Kalikanagar, Butwal Nationalरु 4.88 Arab90
Salapa Bikash Bank Diktel Bazar, Khotang Khotang Districtरु 0.53 Arab6
Saptakoshi Development Bank Main Road, Biratnagar Koshi Pradesh रु 0.83 Arab36
Sindhu Bikas Bank Banepa, Kavrepalanchowk Bagmati Pradesh रु 0.56 Arab27

Problematic Development Bank

Following development companies are declared problematic by Nepal Ratra bank and is under resolution process.

Defunct Development Banks (National)

BankClosedFate
Supreme Development Bank2017Merged with NCC Bank Nepal [20]
Reliable Development Bank2017Acquired by Global IME Bank [21]
Siddhartha Development Bank2017Acquired by Janata Bank Nepal Limited [22]
Ace Development Bank2017Acquired by Nepal Investment Bank Limited [23]
Tourism Development Bank2018Merged with Mega Bank Nepal [24]
NIDC Development Bank2018Acquired by Rastriya Banijya Bank [25]
Om Development Bank2019Merged with NMB Bank [26]
Kailash Bikash Bank2020Merged with Prime Commercial Bank [27]
Deva Development Bank2020Acquired by Kumari Bank [28]
Gandaki Bikash Bank2020Merged with Mega Bank Nepal [24]

Class C: Finance Companies

Nepal Rastra Bank has licensed 17 finance companies as of mid Jan 2025. Among them 2 finance companies are problematic and 15 are operational. [3]

Company NameHeadquarters/ Corporate OfficeWorking Area Paid-up capital BranchesWebsite
Best FinanceChabahil, KathmanduNationalरु 0.89 Arab19
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 Arab21
Janaki FinanceStation Road, Janakpur Madhesh Provinceरु 0.69 Arab5
Manjushree FinanceNayabaneshwor, KathmanduNationalरु 1.35 Arab28
Multipurpose FinanceBidhyapati Chowk, Janakpur Madhesh Provinceरु 0.61 Arab8
Nepal FinanceKamaladi, KathmanduNationalरु 0.84 Arab13
Pokhara Finance New Road, PokharaNationalरु 1.08 Arab26
Progressive Finance New Road, KathmanduNationalरु 0.85 Arab28
Reliance FinancePradarsani Marg, KathmanduNationalरु 1.12 Arab22
Samriddhi FinancePutalisadak, KathmanduNationalरु 0.82 Arab13
Shree Investment & FinanceDillibazar, KathmanduNationalरु 1.00 Arab13

Problematic Finance Companies

Following finance companies are declared problematic by Nepal Ratra bank and is under resolution process.

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 Dec 2024, and 51 are operational & a microfinance is suspended. Following are the details. [3]

Company NameHeadquarter/ Corporate OfficeWorking Area Paid-up capital In CroresBranchesWebsite
Aatmanirbhar Laghubitta Ghorahi, Dang Lumbini Province रु 7.8322
Aviyan Laghubitta Panauti, Kavrepalanchowk Nationalरु 2561
Aarambha Chautari LaghubittaBanepa, KavrepalanchowkNationalरु 36.71137
Asha LaghubittaMadanpur, NuwakotNationalरु 73.30133
Chhimek LaghubittaMid-Baneshwor, KathmanduNationalरु 321.53205
CYC Nepal LaghubittaPokhara, KaskiNationalरु 26.64125
Deprosc LaghubittaBharatpur, ChitwanNationalरु 183.83158
Dhaulagiri LaghubittaBaglung bazar, BaglungNationalरु 13.3159
First Microfinance LaghubittaGyaneswar, Kathmandu Wholesale Banking रु 134.493
Forward LaghubittaDuhabi, SunsariNationalरु 119.6161
Ganapati LaghubittaSuklagandaki, TanahuNationalरु 15.1644
Global IME LaghubittaPokhara, KaskiNationalरु 61.89125
Grameen Bikas Laghubitta [29] Butwal, RupandehiNationalरु 100.53200
Gurans LaghubittaDhankutabazar, Dhankuta Koshi Province रु 11.5837
Himalayan LaghubittaChabahil, KathmanduNationalरु 31.9876
Infinity Laghubitta Gaidakot, NawalparasiNationalरु 49.7498
Jeevan Bikas LaghubittaKatahari MorangNationalरु 153.62165
Janautthan Samudayik LaghubittaButwal, RupandehiNationalरु 17.0140
Kalika LaghubittaPokhara, KaskiNationalरु 40.77106
Laxmi LaghubittaMaharajgung, KathmanduNationalरु 44.1796
Mahila LaghubittaBanepa, KavrepalanchowkNationalरु 21.7685
Mahuli LaghubittaBakdhuwa, SaptariNationalरु 36.9966
Manushi LaghubittaBanepa, KavrepalanchowkNationalरु 10.9437
Matribhumi Laghubitta [30] Budanilkantha, KathmanduNationalरु 62.84237
Mero Microfinance LaghubittaBattar, NuwakotNationalरु 141.9151
Mithila LaghubittaDhalkebar, Dhanusha Madhesh Province रु 19.6045
NADEP LaghubittaGajuri, DhadingNationalरु 48.5898
National LaghubittaNilkantha, DhadingNationalरु 133.16187
Nerude Mirmire LaghubittaBanepa, KavrepalanchowkNationalरु 139.78233
NESDO Samridda LaghubittaKushma, ParbatNationalरु 29.1357
NIC Asia LaghubittaBanepa, KavrepalanchowkNationalरु 173.94296
Nirdhan Uthhan LaghubittaNaxal, KathmanduNationalरु 261.21196
NMB LaghubittaPokhara, KaskiNationalरु 72.14156
RSDC LaghubittaRupandehi, Butwal Wholesale Banking रु 103.414
Sampada Laghubitta [31] Gaindakot-5, Nawalparasi East [32] Nationalरु 70.09157
Samata Garelu Laghubitta [33] Banepa, KavrepalanchowkNationalरु 62.9192
Samudayik LaghubittaBanepa, KavrepalanchowkNationalरु 17.0847
Sana Kisan Bikas LaghubittaBabarmahal, Kathmandu Wholesale Banking रु 431.2613
Shrinjansil LaghubittaGolbazar, SirahaNationalरु 10.9434
Support LaghubittaItahari, Sunsari Koshi Province रु 12.2426
Suryodaya Womi LaghubittaBanepa, KavrepalanchowkNationalरु 79.19173
Swabalamban LaghubittaKamalpokhari, KathmanduNationalरु 165.66155
Swabhiman LaghubittaTillottama, Rupandehi Lumbini Province रु 14.6137
Swastik LaghubittaLahan, Siraha Madhesh Province रु 4.7813
Sworojgar LaghubittaBanepa, KavrepalanchowkNationalरु 69.0791
Unique Nepal LaghubittaKohalpur, BankeNationalरु 14.8642
Unnati Sahakarya LaghubittaSiddharthanagar, RupandehiNationalरु 24.6984
Upakar LaghubittaKohalpur, Banke Lumbini Province रु 10.6137
Vijaya LaghubittaGaidakot, NawalparasiNationalरु 74.50136
Wean Nepal LaghubittaBanepa, Kavrepalanchowk Bagmati Province रु 7.9223

Problematic Retail Microfinance

Following finance companies are declared problematic by Nepal Ratra bank and is under resolution process.

Infrastructure Development Bank

Infrastructure Development Bank is non-classified Financial Institution licensed by Nepal Rastra Bank. There is one BFI as of January 2024. [3]

References

  1. "List of Banks and Financial Institutions (Licensed by NRB)" (PDF). Retrieved 11 June 2025.
  2. "BFI's outlets". Nepal Rastra Bank . Retrieved 6 June 2024.
  3. 1 2 3 4 "List of BFIs" (PDF). nrb.org.np.
  4. "NIC ASIA Bank : Successful Merger". SpotlightNepal. 14 July 2013. Retrieved 2023-01-12.
  5. "Global, Commerz & Trust merge; starts operations". kathmandupost.com. Retrieved 2023-01-12.
  6. "Prabhu Bank starts ops". kathmandupost.com. Retrieved 2023-01-12.
  7. "Prabhu, Grand start joint ops after merger". kathmandupost.com. Retrieved 2023-01-12.
  8. "Merged BoK, Lumbini start joint operations". kathmandupost.com. Retrieved 2023-01-12.
  9. Joshi, Kriti (2019-12-07). "Global IME, Janata start integrated transaction". The Himalayan Times. Retrieved 2023-01-12.
  10. "Nabil completes acquisition of NBB". The Himalayan Times. 2022-07-12. Retrieved 2023-01-12.
  11. "KBL, NCCB merge". The Himalayan Times. 2023-01-02. Retrieved 2023-01-12.
  12. "Global IME Bank, BoK joint operation". The Himalayan Times. 2023-01-08. Retrieved 2025-09-06.
  13. "Prabhu Bank completes acquisition of Century Bank". The Annapurna Express. Retrieved 2023-01-12.
  14. "इन्भेस्टमेन्ट र मेगा बैंक गाभिए, एकीकृत कारोबार सुरु". ekantipur.com (in Nepali). Retrieved 2023-01-12.
  15. "HBL and CBL start joint operation". The Himalayan Times. 2023-02-25. Retrieved 2023-07-15.
  16. "एकीकृत कारोबार गर्दै 'लक्ष्मी सनराइज बैंक लिमिटेड'". Karobar Daily. Retrieved 2023-07-15.
  17. "NRB declares Karnali Development Bank as Problematic" (PDF) (in Nepali). Retrieved 2024-12-25.
  18. "NRB declares Karnali Development Bank as problematic".
  19. "NRB declares Karnali Development Bank as crisis-ridden bank, takes management control" . Retrieved 2024-12-25.
  20. "NCC Bank & Supreme Development bank start joint transaction after merger" . Retrieved 2017-01-01.
  21. "Global IME Bank & Reliable Development bank start joint transaction after acquisition". 15 December 2016. Retrieved 2017-07-07.
  22. "Janata Bank Nepal & Siddhartha Development bank start joint transaction after acquisition" . Retrieved 2017-07-17.
  23. "Nepal Investment Bank & AceDevelopment bank start joint transaction after acquisition" . Retrieved 2017-07-14.
  24. 1 2 "Mega Bank & Gandaki Bikash bank start joint transaction after merger" . Retrieved 2020-06-30.
  25. "Rastriya Baninjya Bank & NIDC Development bank start joint transaction after aquisition [sic]" . Retrieved 2018-05-03.
  26. "NMB Bank & Om Development bank start joint transaction after merger". 15 December 2016. Retrieved 2019-09-24.
  27. "Prime Bank & Kailash Bikash bank start joint transaction after merger". 15 December 2016. Retrieved 2020-03-10.
  28. "Kumari Bank & Deva Development bank start joint transaction after acquisition" . Retrieved 2020-01-20.
  29. "मर्जरपछि ग्रामिण विकास र समाज लघुवित्तको एकिकृत कारोबार कार्तिक २ देखि". businesspana.com. 14 October 2025.
  30. "Jalpa Laghubitta to Merge with Kisan Laghubitta". investopaper.com. 2024-06-12. Retrieved 2024-06-14.
  31. "तनहुँको सबैको र गोरखाको साधना लघुवित्तले पाए एकीकृत कारोबार गर्ने स्वीकृति". bizmandu.com. 28 June 2024. Retrieved 2024-06-28.
  32. https://www.sampadalaghubitta.com.np/
  33. "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.