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)

 

References

List of Banks and Non-bank Financial Institutions