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Banks Of Nepal
The Nepal Rastra Bank has licensed 107 BFIs 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. 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 2025. Merger And Acquisition of commercial banks Class B: Development banks Nepal Rastra Bank has licensed 16 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 Dec 2024. Problematic Development Bank Following development companies are declared problematic by Nepal Ratra bank and is under resolution process. * Karnali Delepment Bank. Defunct Development Banks (National) Class C: Finance Companies Nepal Rastra B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nepal Rastra Bank
The Nepal Rastra Bank (NRB; ) was established on April 26, 1956 A.D. (Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic domestic financial sector. The NRB is functioning under the new Nepal Rastra Bank Act, 2002. The functions of NRB are to formulate required monetary and foreign exchange policies so as to maintain the stability in market prices, to issue currency notes, to regulate and supervise the banking and financial sector, to develop efficient payment and banking systems among others. The NRB is also the economic advisor to the government of Nepal. As the central bank of Nepal, it is the monetary, supervisory and regulatory body of all the commercial banks. development banks, finance companies and micro-finances institutions. The central office is located in Baluwatar, Kathmandu and it has eight provincial offices, located at Biratnagar, Janakpur, B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nepal Investment Mega Bank
Nepal Investment Mega Bank Limited(NIMB) is one of the leading commercial banks of Nepal. Previously known as Nepal Investment Bank Ltd., the bank was established in 1986 as a joint venture between Nepalese and Credit Agricole Indosuez. The Nepalese investors bought all the shares of French company i.e. 50% in 2001. It was merged with Mega Bank Nepal in 2023 and started joint operation from January 11, 2023, with the name Nepal Investment Mega Bank Limited. Ownership structure The Bank currently has a paid-up capital of Nepalese Rupees Rupee (, ) is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Afr ... 34.13 Billion (as of FY 2023/24) *Promoter Group -79.45% *General Public - 20.55% Subsidiaries The bank's subsidiaries are as follows: * NIMB Ace Capital Limited. * NIMB Stock Markets. External li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Chartered Bank Nepal
Standard Chartered Nepal (officially Standard Chartered Bank Nepal Limited; ) is a banking and financial services company in Nepal and a subsidiary of Standard Chartered PLC. Currently it is the only international commercial bank operating in the country. History It was established on 30 January 1987, with 70.21% ownership by Standard Chartered Group and 29.79% ownership by the Nepalese public. Based on a study by University of Nottingham, Standard Chartered Nepal brought positive changes to the local community in terms of setting up a role model of ESG goals. References Banks of Nepal Banks established in 1987 Nepal Nepal, officially the Federal Democratic Republic of Nepal, is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain. It borders the Tibet Autonomous Region of China Ch ... Nepalese subsidiaries of foreign companies 1987 establishments in Nepal {{nepal-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siddhartha Bank
Siddhartha Bank Limited (SBL) is one of the largest private Commercial Bank in Nepal which is 18th commercial bank to be licensed by Nepal Rastra Bank. It started operation in Dec 2002. and has 196 branches and 226 ATMs all across the nation with its head office in Kathmandu which provides entire commercial banking services and remittance services. Siddhartha bank is also official title sponsor of the (NPL) Nepal Premier League for a five-year period starting in 2024. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange. Siddhartha Bank Limited has received several awards and recognitions for its performance and contribution to the banking industry in Nepal. It has been awarded as the 'Bank of the Year' by The Banker, a leading financial magazine, and has also been recognized by various organizations for its contribution to the economy and society. Correspondent Network The bank has been maintaining correspondent relationships with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanima Bank
Sanima Bank started its operation in 2004 as a National Level Development Bank. Sanima was licensed to operate by the Nepal Rastra Bank to function as an "A" Class Commercial Bank in 2012. Sanima has 105 full-fledged branches and 28 extension counters within and outside the Kathmandu Valley. Ownership structure The Bank currently has a paid-up capital of Nepalese Rupees Rupee (, ) is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Afr ... 13.58 Billion (as of FY 2022/23) *Promoter Group - 51.00% *General Public - 49.00% Subsidiaries The bank's subsidiaries are as follows: * Sanima Capital Limited. * Sanima Securities Limited. References External linksWebsite of Sanima Bank Limited [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singha Durbar
Singha Durbar () is a palace in Kathmandu, the capital of Nepal. The palace complex lies in the centre of Kathmandu, to the north of Babar Mahal and Thapathali Durbar and east of Bhadrakali Temple (Kathmandu), Bhadrakali Temple. This palace was built by Chandra Shumsher JBR in June 1908. The palace used to be one of the most exquisite and lavish of palaces in the world until the 1950s. Today it houses buildings of the Government of Nepal, Nepali Government, including the Pratinidhi Sabha, the Rastriya Sabha and several ministries. History Singha Durbar was built by Chandra Shumsher JBR immediately after his accession to the post of Prime Minister. It was initially a small private residence but grew bigger during construction. Immediately after construction, Chandra Shumsher JBR sold this property to the Government of Nepal for 20 million Nepali rupees as the official residence of the Prime Minister. After his death in 1929, it was used as the official residence of prime minist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rastriya Banijya Bank
Rastriya Banijya Bank (RBB) (translation: National Commercial Bank; ) is fully government owned, and the largest commercial bank in Nepal. RBB was established on January 23, 1966 (2022 Magh 10 BS) under the RBB Act. RBB provides banking services to customers including banks, insurance companies, industrial trading houses, airlines, hotels, and many other sectors. Constituted under RBB Act 2021 with the full ownership of the government of Nepal, the bank has been running under Bank and Financial Institute Act (BAFIA) and Company Act (CA) 2063. The bank, licensed by NRB as an 'A' class commercial bank of the country, is a component of the Nepalese economy. Ownership structure The Bank currently has a paid-up capital of Nepalese Rupees Rupee (, ) is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kamal Pokhari
Kamal Pokhari is a historic pond in Kathmandu, Nepal. The history of the pond is uncertain possibly dating back to the Licchavi-era and it had been used by the Malla kings. Kamal Pokhari had restored by Kathmandu Metropolitan City Kathmandu () is the capital and largest city of Nepal, situated in the central part of the country within the Kathmandu Valley. As per the 2021 Nepal census, it has a population of 845,767 residing in 105,649 households, with approximately 4 mi .... The restoration project has received protests for using concrete which "deteriorates the originality of the traditional pond in the capital city". References {{Reflist Kathmandu Ponds in Kathmandu Valley ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Commercial Bank
Prime Commercial Bank Limited is a commercial bank in Nepal. The bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange. Network See also * List of banks in Nepal The Nepal Rastra Bank has licensed 107 BFIs 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/ ... * Commercial Banks of Nepal References {{reflist External links Official Website of Prime Commercial Bank LimitedOfficial Website of Nepal Rastra Bank Banks of Nepal Banks with year of establishment missing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prabhu Bank
Prabhu Bank Limited is a commercial bank in Nepal. The bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange. Ownership structure The Bank currently has a paid-up capital of Nepalese Rupees 23.54 Billion (as of FY 2023/24) *Promoter Group - 51.00% *General Public - 49.00% Subsidiaries The bank's subsidiaries are as follows: * Prabhu Capital Limited. * Prabhu Stock Market Limited. Correspondent Network The bank has been maintaining harmonious correspondent relationships with various international banks from various countries to facilitate trade, remittance, and other cross border services. Through these correspondents, the bank is able to provide services in any major currencies in the world. External links Official Website of Prabhu Bank Limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Babar Mahal
Babar Mahal, Baber Mahal is a Rana palaces of Nepal, Rana palace in Kathmandu, the capital of Nepal. History The palace complex lay in the heart of Kathmandu, to the north of the Bagmati River. The history of the place is closely linked with the history of Nepal and its rulers. Part of Thapathali Babar Shamsher Under Government of Nepal The former palace now host multiple departments including Department of Road(Sadak Bibhag) Earthquake 2015 This Palace was seriously damaged during the April 2015 Nepal earthquake. See also *Babarmahal Revisited *Thapathali Durbar *Jung Bahadur Rana References {{Reflist Palaces in Kathmandu Rana palaces of Nepal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NMB Bank Nepal
NMB Bank Nepal is a commercial bank in Nepal with headquarters in Kathmandu. The bank is licensed by central bank of Nepal, the Nepal Rastra Bank, and has 202 branches across the nation providing retail and commercial banking services. The bank's shares are publicly traded on the Nepal Stock Exchange. The Bank has a joint venture agreement with Netherlands Development Finance Company (FMO) a Dutch development bank which holds 13.69% of the bank's shares and is the largest shareholder of the Bank. History It was founded in May 2008 and is licensed as an "A" class financial institution. It was created as a merger with four financial institutions, Bhrikuti Development Bank, Pathibhara Bikas Bank, Prudential Finance Company, Clean Energy Development. In September 2016, the bank signed a joint venture agreement with the Netherlands Development Finance Company (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden, following which FMO became the single largest shareholder ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
