Commercial banks of Nepal

Commercial banks are 'A' Class Financial Institutions in Nepal. Nepal Bank Limited is the first & oldest Commercial bank in Nepal established in 1937 AD. Commercial Bank mainly provide facilities to their customer like Deposits, Loans, Letters of Credit, Internet Banking, Mobile Banking, Remittances, Debit cards, credit cards, branchless banking service & ATMs.

Nepal Rastra Bank (NRB) is the central bank of Nepal and is responsible for the regulation and supervision of the financial system in the country. It is also responsible for implementing monetary policy and maintaining financial stability.

After 3 Mergers and 2 Aquisitions of Commercial Banks in Nepal, the number of commercial banks has been decereased on 21 as of May 2023.

List of Commercial Banks (Class A)
  1. Kumari Bank (After the merger with Nepal Credit and Commerce Bank)
  2. Nepal Bank
  3. Rastriya Banijya Bank
  4. Agriculture Development Bank
  5. Nabil Bank (After the acquisition with Nepal Bangladesh Bank)
  6. Nepal Investment Mega Bank (After the merger with Mega Bank Nepal Limited)
  7. Standard Chartered Bank Nepal
  8. Himalayan Bank (After the merger with Civil Bank Limited)
  9. Nepal SBI Bank
  10. Everest Bank
  11. Prabhu Bank (After the acquisition of Century Bank Limited)
  12. Laxmi Bank
  13. Global IME Limited (After the merger with Bank of Kathmandu)
  14. Citizens Bank International
  15. Prime Commercial Bank
  16. NMB Bank Nepal
  17. NIC Asia Bank
  18. Siddhartha Bank
  19. Sanima Bank
  20. Machhapuchchhre Bank
  21. Sunrise Bank

References


    This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.