List of Banks and Financial Institutions in Nepal

List of Banks and Financial Institutions in Nepal

Commercial banks are the ‘A’ class financial institutions in Nepal. Nepal Rastra Bank (NRB) regulates all the banks and financial institutions (BFIs) of Nepal.

Central Bank of Nepal

Nepal Rastra Bank is the central bank of Nepal. It was stablished in 1956/04/26 (B.S. 2013/01/14). Nepal Rastra Bank has been operated to regulate, control and supervise the banking and financial institutions.

NRB has grouped the BFIs into four major categories.

1. “A” Class Commercial Banks

2. B” Class Development Banks

3. C” Class Finance Companies

4. D” Class Microfinance Companies

There are currently 27 ‘A’ class commercial banks in Nepal as per Nepal Rastra Bank report of the Mid July 2021. All commercial Banks in Nepal provide deposit facility, various loan facilities, advanced ABBS services, Internet Banking along with the ATM facilities through their networks.

Nepal Bank (NBL) is the first commercial bank of Nepal. It was established on 1937. Nabil Bank is the first private sector bank of Nepal. It started its operation in 1984. Previously known as Nepal Arab Bank, Nabil Bank is the first foreign joint venture bank of Nepal.

The table below shows the list of ‘A’ class commercial banks of Nepal along with the paid-up capital.

List of ‘A’ Class Commercial Banks in Nepal

Size of “A” class Commercial Banks as per paid-up capital

S.N. Name of Banks Date of Operation Headoffice Paid-up Capital (Rs. in crores)
1 Global IME Bank Ltd. 2019/09/04* Kamaladi, Kathmandu 2163.25
2 Agriculture Development Bank Ltd. 1968/01/21 Ramshahpath, Kathmandu 1642.26
3 NMB Bank Ltd. 2019/09/28* Babarmahal, Kathmandu 1632.60
4 Nepal Investment Bank Ltd. (under merger process with Himalayan Bank Ltd.) 1986/03/09 Durbarmarg, Kathmandu 1625.73
5 Prime Commercial Bank Ltd. 2007/09/24 Kamalpokhari, Kathmandu 1608.30
6 Mega Bank Nepal Ltd. 2018/05/13* Kamaladi, Kathmandu 1465.50
7 Kumari Bank Ltd. 2001/04/03 Tangal, Kathmandu 1387.85
8 Nabil Bank Ltd. 1984/07/12 Beena Marg, Kathmandu 1348.02
9 Nepal Bank Ltd. 1937/11/15 Dharmapath,Kathmandu 1263.68
10 Citizens Bank International Ltd. 2007/04/20 Narayanhitipath, Kathmandu 1166.20
11 NIC Asia Bank Ltd. 2013/06/30* Thapathali, Kathmandu 1156.40
12 Prabhu Bank Ltd. 2016/02/12* Babarmahal, Kathmandu 1134.71
13 Siddhartha Bank Ltd. 2016/07/21* Hattisar, Kathmandu 1096.23
14 Laxmi Bank Ltd. 2002/04/01 Hattisar, Kathmandu 1069.57
15 Himalayan Bank Ltd. (under merger process with Nepal Investment Bank Ltd.)
16 Nepal Credit & Commerce Bank Ltd. 2017/01/01* Bagbazar, Kathmandu 1031.45
17 Sanima Bank Ltd. 2012/02/15 Nagpokhari, Kathmandu 968.15
18 Bank of Kathmandu Ltd. 2016/07/14* Kamaladi, Kathmandu 965.82
19 Nepal SBI Bank Ltd. 1993/07/07 Kesharmahal, Kathmandu 949.36
20 Sunrise Bank Ltd. 2007/10/12 Gairidhara, Kathmandu 948.79
21 Rastriya Banijya Bank Ltd. 2018/05/02* Singhadurbarplaza,Kathmandu 918.49
22 Machhapuchhre Bank Ltd. 2012/07/09* Lazimpat, Kathmandu 905.31
23 Century Commercial Bank Ltd. 2011/03/10 Putalisadak, Kathmandu 903.44
24 Nepal Bangladesh Bank Ltd. 1994/06/06 Kamaladi, Kathmandu 900.48
25 Everest Bank Ltd. 1994/10/18 Lazimpat, Kathmandu 893.37
26 Civil Bank Ltd. 2016/10/17* Sundhara, Kathmandu 864.37
27 Standard Chartered Bank Ltd. 1987/02/28 Nayabaneshwor, Kathmandu 857.22
  • Asterisk denotes Joint operation date after merger/(s) and acquisition/(s).

The Paid-up capitals are based on the financial statements shown as of NRB Mid April, 2021 Report.

SWIFT Codes for All Banks in Nepal |BIC codes for Banks in Nepal

Development banks (Class B)

Size of “B” class Development Banks as per paid-up capital

S.N. Name of Development Banks Date of Operation Headoffice Range Paid up Capital (Rs. In Crore)
1 Muktinath Bikash Bank Ltd. 2007/01/03 Kamaladi, Kathmandu National Level 481.16
2 Jyoti Bikas Bank Ltd. 2016/08/12* Kamaladi, Kathmandu National Level 384.48
3 Garima Bikas Bank Ltd. 2016/09/20* Lazimpat, Kathmandu National Level 367.59
4 Shine Resunga Development Bank Ltd. 2013/03/17* Butwal, Rupandehi National Level 340.85
5 Mahalaxmi Development Bank Ltd. 2017/07/02* Durbarmarg, Kathmandu National Level 307.21
6 Lumbini Bikash Bank Ltd. 2017/07/09* Dillibazaar, Kathmandu National Level 290.65
7 Kamana Sewa Bikas Bank Ltd. 2017/08/04* Gyaneshwor, Kathmandu National Level 265.20
8 Shangri-la Development Bank Ltd. 2014/07/13* Baluwatar, Kathmandu National Level 260.66
9 Saptakoshi Development Bank Ltd. 2019/07/07* Dhankuta, Koshi Regional Level 83.43
10 Excel Development Bank Ltd. 2005/07/21 Birtamode, Jhapa Regional Level 81.11
11 Miteri Development Bank Ltd. 2006/10/13 Dharan, Sunsari Regional Level 79.74
12 Sindhu Bikas Bank Ltd. 2010/09/09 Barhabise, Sindhupalchok Regional Level 55.75
13 Karnali Development Bank Ltd. 2004/02/18 Nepalgunj, Banke Regional Level 50.28
14 Green Development Bank Ltd. 2013/08/25 Pokhara, Kaski Regional Level 50.00
15 Corporate Development Bank Ltd. 2007/11/07 Birgunj, Parsa Regional Level 41.00
16 Narayani Development Bank Ltd. 2001/10/17 Ratnanagar, Chitwan Regional Level 12.12
17 Salapa Bikash Bank Ltd. 2012/07/16 Diktel, Khotang Regional Level 2.80

Asterisk denotes Joint operation date after merger and acquisition/(s).

The Paid-up capitals are based on the financial statements shown as of NRB Mid April, 2021 Report.

Finance Companies (Class C)

Size of “C” class Finance Companies as per paid-up capital

S.N. Name of Financial Institutions Date of Operation Headoffice Range Paid-up Capital (Rs. in crores)
1 ICFC Finance Ltd. 2004/07/15 Bhatbhateni, Kathmandu National Level 102.43
2 Manjushree Finance Ltd. 2007/10/17 Nayabaneshwor, Kathmandu National Level 96.54
3 Pokhara Finance Ltd. 1997/03/16 Pokhara, Kaski Regional Level 96.31
4 Capital Merchant Banking & Finance Ltd. (Under Acquisition process with Prabhu Bank Ltd.) 2002/02/01 Battisputali, Kathmandu National Level 93.51
5 Reliance Finance Ltd. 2014/05/08* Pradarsani Marg, Kathmandu National Level 91.56
6 Shree Investment & Finance Co. Ltd. 2017/02/01* Dillibazar, Kathmandu National Level 89.01
7 Central Finance Ltd. 2017/03/23* Kupondole, Lalitpur National Level 88.10
8 Gorkhas Finance Ltd. 2016/4/10* Dillibazar, Kathmandu National Level 86.80
9 Goodwill Finance Ltd. 1995/5/15 Hattisar, Kathmandu National Level 86.72
10 Guheshwori Merchant Banking & Finance Ltd. 2002/06/13 Pulchowk, Lalitpur National Level 86.40
11 Best Finance Ltd. 2018/08/02* Chabahil, Kathmandu National Level 82.89
12 Progressive Finance Ltd. 1996/02/26 Newroad, Kathmandu National Level 80.01
13 Janaki Finance Co. Ltd. 1997/03/07 Janakpurdham, Dhanusha Regional Level 60.04
14 Samriddhi Finance Company Ltd. 2001/08/10 Hetauda, Makawanpur National Level 40.39
15 Multipurpose Finance Co. Ltd. 1998/04/15 Rajbiraj, Saptari Regional Level 40.00
16 Nepal Finance Ltd. 1993/01/06 Kamaladi, Kathmandu National Level 30.56
17 Nepal Share Markets and Finance Ltd. 1993/10/19 Ramshahapath, Kathmandu National Level 23.33

Asterisk denotes Joint operation date after merger/(s) and acquisition/(s).

The Paid-up capitals are based on the financial statements shown as of NRB Mid April, 2021 Report.

Micro Credit Development Banks (Class D)

 

  1. Grameen Bikas Laghubitta Bittiya Sanstha Limited
  2. Nirdhan Utthan Laghubitta Bittiya Sanstha Limited
  3. RMDC Laghubitta Bittiya Sanstha Limited
  4. Deprosc Laghubitta Bittiya Sanstha Limited
  5. Chhimek Laghubitta Bittiya Sanstha Limited
  6. Swabalamban Laghubitta Bittiya Sanstha Limited
  7. Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited
  8. Nerude Laghubitta Bittiya Sanstha Limited
  9. Summit Laghubitta Bittiya Sanstha Ltd.
  10. Sworojagar Laghu Bitta Bika Bank Limited
  11. First Microfinance Laghubitta Bittiya Sanstha Limited
  12. Kalika Microcredit Development Bank Limited
  13. Mirmire Microfinance Development Bank Limited
  14. Janautthan SamudayikMicrofinance Dev. Bank Limited
  15. Mithila Laghu Bitta Bikas Bank Limited
  16. Womi Microfinance Bittiya Sanstha Ltd.
  17. Laxmi Microfinance Bittiya Sanstha Ltd.
  18. Civil laghubitta Bittiya Sanstha
  19. Vijaya Laghubitta Bittiya Sanstha Ltd.
  20. NMB Microfinance Bittiya Sanstha Ltd
  21. Forward Microfinance Bittiya Sanstha Ltd.
  22. Global IME Laghubitta Bittiya Sanstha Limited
  23. Mahuli Samudyik Laghubitta Bittiya Sanstha Ltd.
  24. Suryodaya Laghubitta Bitiya Sanstha Ltd.
  25. Mero Microfinance Bittiya Sanatha Ltd.
  26. Samata Gharelu Microfinance Bittiya Sanatha Ltd.
  27. RSDC Laghubitta Bitiya Sanstha Ltd.
  28. Samudayik Laghubitta Bitiya Sanstha Ltd.
  29. National Microfinance Bittiya Sanstha Ltd.
  30. Unnati Sahakarya Microfinance Bittiya Sanstha Ltd.
  31. NADEP Laghubitta Bittiya Sanstha Limited
  32. Support Microfinance Bittiya Sanstha imited
  33. Arambha Chautari Microfinance Bittiya Sanstha Limited
  34. Ghodighoda Laghubitta Bittiya Sanstha Limited
  35. Asha Laghubitta Bittiya Sanstha Ltd
  36. Nepal Sewa Microfinance Bittiya Sastha Ltd
  37. Gurans Laghubitta Bittiya Sanstha Ltd
  38. Ganapati Microfinance Bittiya Sastha Ltd
  39. Infinity Microfinance Bittiya Sanstha Ltd
  40. Adhikhola Laghubitta Bittiya Sanstha Ltd.
  41. SwabhimanMicrofinance Bittiya Sanstha Ltd.
  42. Sabaiko Laghubitta Bittiya Sanstha Ltd
  43. Sadhana Nepal Laghubitta Bittiya Sanstha Ltd.
  44. NIC Asia Laghubitta Bittiya Sanstha Ltd.
  45. Naya Sarathi Laghubitta Bittiya Sanstha Ltd.
  46. Manakamana smart Laghubitta Bittiya Sanstha Ltd.
  47. Buddha Jyoti Laghubitta Bittiya Sanstha Ltd.
  48. Samaj Laghubitta Bittiya Sanstha Ltd.
  49. Mahila Laghubitta Bittiya Sanstha Limited
  50. Adarsha Laghubitta Bittiya Sanstha Limited
  51. Unique Nepal Lagubitta Bittiya Sanstha Ltd.
  52. Manushi Laghubitta Bittiya Sanstha Limited
  53. Jalpa Samudayik Laghubitta Bittiya Sanstha Limited
  54. Rastra Utthan Laghubitta Bittiya Sanstha Limited
  55. Khaptada Laghubitta Bittiya Sanstha Limited
  56. Upakar Laghubitta Bittiya Sanstha Limited
  57. Dhaulagiri Laghubitta Bittiya Sanstha Limited
  58. CYC Nepal Laghubitta Bittiya Sanstha Limited
  59. Swastik Laghubitta Bittiya Sanstha Limited
  60. Shrijanshil Laghubitta Bittiya Sanstha Limited
  61. NESDO Samriddha Laghubitta Bittiya Sanstha Limited
  62. Jiban Bikash Laghubitta Bittiya Sanstha Limited
  63. Kisan Laghubitta Bittiya Sanstha Limited
  64. BPW Laghubitta Bittiya Sanstha Limited
  65. Aatmanirbhar Laghubitta Bittiya Sanstha Limited
  66. Super Laghubitta Bittiya Sanstha Limited
  67. Abhiyan Laghubitta Bittiya Sanstha Limited

References

List of Banks and Non-bank Financial Institutions

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