KNOWPIA
WELCOME TO KNOWPIA
List of banks in Nepal 
Summary
This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank.[1]
Class A: Commercial banks edit
Commercial banks are rated as Class "A" banks by the Nepal Rastra Bank. There are 20 commercial banks as of Mid Jan 2024. (B.S. 2079-2080:Quarter 2)[1]
| Bank Name | Established | Headquarters | Paid-up capital |
|---|---|---|---|
| Agriculture Development Bank | 1968 | Ramshahpath, Kathmandu | रु 18.88 Arab |
| Nepal Bank | 1937 | Bhugol Park, Kathmandu | रु 14.69 Arab |
| Rastriya Banijya Bank | 1966 | Singhadurbarplaza, Kathmandu | रु 15.64 Arab |
| Citizens Bank International Limited | 2007 | Narayanhitipath, Kathmandu | रु 14.20 Arab |
| Everest Bank | 1994 | Lazimpat, Kathmandu | रु 11.77 Arab |
| Global IME Bank Limited | 2023 | Kamaladi, Kathmandu | रु 36.13 Arab |
| Himalayan Bank | 1993 | Kamaladi, Kathmandu | रु 21.66 Arab |
| Kumari Bank | 2023 | Naxal, Kathmandu | रु 26.23 Arab |
| Laxmi Sunrise Bank | 2023 | Hattisar, Kathmandu | रु 21.67 Arab |
| Machhapuchhre Bank | 2012 | Lazimpat, Kathmandu | रु 11.62 Arab |
| Nabil Bank | 1984 | Teendhara, Kathmandu | रु 27.06 Arab |
| Nepal Investment Mega Bank | 2023 | Durbarmarg, Kathmandu | रु 34.13 Arab |
| Nepal SBI Bank | 1993 | Kesharmahal, Kathmandu | रु 10.12 Arab |
| NIC Asia Bank | 2013 | Thapathali, Kathmandu | रु 14.92 Arab |
| NMB Bank | 2008 | Babarmahal, Kathmandu | रु 18.37 Arab |
| Prabhu Bank | 2023 | Anamnagar, Kathmandu | रु 23.54 Arab |
| Prime Commercial Bank | 2007 | Kamalpokhari, Kathmandu | रु 19.40 Arab |
| Sanima Bank | 2012 | Narayanchaur, Kathmandu | रु 13.58 Arab |
| Siddhartha Bank | 2002 | Hattisar, Kathmandu | रु 14.09 Arab |
| Standard Chartered Bank | 1987 | Nayabaneshwor, Kathmandu | रु 9.43 Arab |
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 | 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 | 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 rated as Class "B" banks by the Nepal Rastra Bank. There are 17 development banks as of January 2024.[1]
| Bank Name | Established | Headquarters | Working Area | Paid-up capital |
|---|---|---|---|---|
| Corporate Development Bank | 2007 | Birgunj, Madhesh | 3 Districts | रु 0.53 Arab |
| Excel Development Bank | 2005 | Birtamod, Koshi | Provincial | रु 1.25 Arab |
| Garima Bikas Bank | 2007 | Lazimpat, Kathmandu | National | रु 5.19 Arab |
| Green Development Bank | 2013 | Pokhara, Gandaki | 5 Districts | रु 0.52 Arab |
| Jyoti Bikas Bank | 2008 | Kamaladi, Kathmandu | National | रु 4.40 Arab |
| Kamana Sewa Bikas Bank | 2006 | Gyaneshwor, Kathmandu | National | रु 3.14 Arab |
| Karnali Development Bank | 2004 | Nepalgunj, Lumbini | 5 Districts | रु 0.50 Arab |
| Lumbini Bikas Bank | 1998 | Dillibazaar, Kathmandu | National | रु 3.52 Arab |
| Mahalaxmi Development Bank | 1995 | Durbar Marg, Kathmandu | National | रु 4.17 Arab |
| Miteri Development Bank | 2006 | Dharan, Koshi | 5 Districts | रु 1.11 Arab |
| Muktinath Bikash Bank | 2007 | Kamaladi, Kathmandu | National | रु 7.04 Arab |
| Narayani Development Bank | 2001 | Ratnanagar, Bagmati | 3 Districts | रु 0.26 Arab |
| Salapa Bikash Bank | 2013 | Diktel, Koshi | 1 District | रु 0.35 Arab |
| Saptakoshi Development Bank | 2012 | Dhankuta, Koshi | 7 Districts | रु 0.83 Arab |
| Sangrila Development Bank | 2014 | Baluwatar, Kathmandu | National | रु 3.43 Arab |
| Shine Resunga Development Bank | 2013 | Butwal, Lumbini | National | रु 4.73 Arab |
| Sindhu Bikas Bank | 2010 | Barhabise, Bagmati | 5 Districts | रु 0.56 Arab |
Class C: Finance Companies edit
Finance companies are rated as Class "C" banks by the Nepal Rastra Bank. There are 17 finance companies as of January 2024.[1]
| Company Name | Established | Headquarters | Working Area | Paid-up capital |
|---|---|---|---|---|
| Best Finance | 1995 | Chabahil, Kathmandu | National | रु 0.85 Arab |
| Capital Merchant Banking & Finance | 2002 | Battisputali, Kathmandu | Problematic | रु 0.94 Arab |
| Central Finance | 1996 | Kupondole, Lalitpur | National | रु 0.95 Arab |
| Gurkhas Finance | 1994 | Dillibazar, Kathmandu | National | रु 0.87 Arab |
| Goodwill Finance | 1995 | Hattisar, Kathmandu | National | रु 0.95 Arab |
| Guheshwori Merchant Banking & Finance | 2002 | Pulchowk, Lalitpur | National | रु 1.01 Arab |
| ICFC Finance | 2004 | Bhatbhateni, Kathmandu | National | रु 1.18 Arab |
| Janaki Finance | 1997 | Janakpurdham, Madhesh | Provincial | रु 0.69 Arab |
| Manjushree Finance | 2007 | Nayabaneshwor, Kathmandu | National | रु 1.35 Arab |
| Multipurpose Finance | 1998 | Rajbiraj, Madhesh | 5 Districts | रु 0.61 Arab |
| Nepal Finance | 1993 | Kamaladi, Kathmandu | National | रु 0.73 Arab |
| Nepal Share Markets and Finance | 1993 | Ramshahapath, Kathmandu | Problematic | रु 0.23 Arab |
| Pokhara Finance | 1997 | Pokhara, Gandaki | National | रु 1.05 Arab |
| Progressive Finance | 1996 | New Road, Kathmandu | National | रु 0.85 Arab |
| Reliance Finance | 2009 | Pradarsani Marg, Kathmandu | National | रु 1.12 Arab |
| Samriddhi Finance Company | 2001 | Hetauda, Bagmati | National | रु 0.82 Arab |
| Shree Investment & Finance | 1994 | Dillibazar, Kathmandu | National | रु 0.98 Arab |
Class D: Micro Finance Financial Institutions edit
Micro finance financial institutions are classified as Class "D" banks by the Nepal Rastra Bank. There were 55 micro finance companies as of January 2024.[1] Among them 3 microfinance companies are wholesale microfinance and remaining 52 are retail microfinance companies.
Retail Microfinance Companies edit
Following are the retail microfinance companies.[1]
- Aatmanirbhar Laghubitta
- Aviyan Laghubitta
- Aarambha Chautari Laghubitta
- Asha Laghubitta
- Chhimek Laghubitta
- CYC Nepal Laghubitta
- Deprosc Laghubitta
- Dhaulagiri Laghubitta
- Forward Microfinance Laghubitta
- Ganapati Laghubitta
- Global IME Laghubitta
- Grameen Bikas Laghubitta
- Gurans Laghubitta
- Himalayan Laghubitta
- Infinity Laghubitta
- Jalpa Samudayik Laghubitta
- Jiban Bikash Laghubitta
- Janautthan Samudayik
- Kalika Laghubitta
- Kisan Laghubitta
- Laxmi Laghubitta
- Mahila Laghubitta
- Mahuli Samudyik Laghubitta
- Manakamana Smart Laghubitta
- Manushi Laghubitta
- Mero Microfinance Laghubitta
- Mithila Laghubitta
- NADEP Laghubitta
- National Laghubitta
- Nerude Mirmire Laghubitta[17]
- NESDO Samriddha Laghubitta
- NIC Asia Laghubitta
- Nirdhan Utthan Laghubitta
- NMB Laghubitta
- Sabaiko Laghubitta
- Sadhana Nepal Laghubitta
- Samaj Laghubitta
- Samata Gharelu Laghubitta
- Samudayik Laghubitta
- Shrijanshil 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
Wholesale Microfinance Companies edit
Following are the wholesale microfinance companies as of July 2023. [1]
- First Microfinance Laghubitta
- Sana Kisan Bikas Laghubitta
- RSDC Laghubitta
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 h "BFI's List in English (Mid Jan 2024)" (PDF). Nepal Rastra Bank. Retrieved 6 April 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.
- ^ "नेरुडे लघुवित्त र मिर्मिरे लघुवित्तले फागुन ३० गतेदेखि एकीकृत कारोबार शुरु गर्ने". abhiyandaily.com (in Nepali). Retrieved 2024-04-06.