List of Commercial Banks in Nepal

Banks in Nepal play an important role in the country’s economy by providing financial services to individuals, businesses, and the government.

Here are some highlights about banks in Nepal:

Legislation: The banking sector of Nepal is regulated and supervised by the Central Bank of Nepal, i.e., the Nepal Rastra Bank (NRB). The NRB formulates and implements monetary policy, regulates and supervises banks and financial institutions, and ensures the stability of the banking system

Banks: Nepal has a variety of banks, including commercial banks, development banks and finance companies. Commercial banks offer a wide range of banking services to the public and corporations. Development banks focus on providing financial services to specific sectors, such as agriculture, industry and tourism. Financial companies provide financial services such as loans, leases and business purchases.

Services: Banks in Nepal provide various services, such as savings and current accounts, loans, remittance services, foreign currency deposits and also online banking They also provide specialized services such as business banking, banking and investment, and advisory services.

Branching: Banks have a wide branch network in Nepal, especially in urban and semi-urban areas. These networks contribute to increased financial inclusion and access to banking services for the general public.

Challenges: The banking industry in Nepal faces challenges such as technological advancement, risk management, compliance and competition. Banks are adopting more and more technology to improve their services and operations.

Future Outlook: The banking sector in Nepal is expected to grow as the economy expands and modernizes. The government and regulatory authorities are also taking steps to strengthen the banking sector and improve financial stability.

Overall, banks in Nepal play a vital role in the country’s economy and are continuously evolving to meet the changing needs of the market and customers.

List of Commercial Banks (Class ‘A’) in Nepal

Central Bank (केन्द्रीय बैँक)

• Nepal Rastra Bank (नेपाल राष्ट्र बैँक)

1. Agriculture Development Bank Limited (कृषि विकास बैङ्क लिमिटेड)
2. Citizens Bank International Limited (सिटीजन्स् बैङ्क इन्टर्नेशनल लिमिटेड)
3.  Everest Bank Limited (एभरेस्ट बैङ्क लिमिटेड)
4. Global IME Bank Limited (ग्लोबल आईएमई बैङ्क लिमिटेड)
5. Himalayan Bank Limited (हिमालयन बैङ्क लिमिटेड)
6. Kumari Bank Limited (कुमारी बैङ्क लिमिटेड)
7. Laxmi Sunrise Bank Limited (लक्ष्मी सनराइज बैंक लिमिटेड)
8. Machhapuchhre Bank Limited (माछापुच्छ्रे बैङ्क लिमिटेड)
9. Nabil Bank Limited (नबिल बैङ्क लिमिटेड)
10. Nepal Bank Limited (नेपाल बैङ्क लिमिटेड)
11. Nepal Investment Mega Bank Limited (नेपाल इन्भेस्टमेन्ट मेगा बैङ्क लिमिटेड)
12. Nepal SBI Bank Limited (नेपाल एस.बी.आई. बैङ्क लिमिटेड)
13. NIC Asia Bank Limited (एन.आई.सि. एशिया बैङ्क लिमिटेड)
14. NMB Bank Limited (एनएमबी बैङ्क लिमिटेड)
15. Prabhu Bank Limited (प्रभू बैङ्क लिमिटेड)
16. Prime Commercial Bank Limited (प्राइम कॉमर्शिअल बैङ्क लिमिटेड)
17. Rastriya Banijya Bank Limited (राष्ट्रीय वाणिज्य बैङ्क लिमिटेड)
18. Sanima Bank Limited (सानिमा बैङ्क लिमिटेड)
19. Siddhartha Bank Limited (सिद्धार्थ बैङ्क लिमिटेड)
20. Standard Chartered Bank Nepal Limited (स्ट्याण्डर्ड चार्टर्ड बैङ्क नेपाल लिमिटेड)