List of commercial bank in Nepal, A class

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Commercial banks are A-Class financial institutions in Nepal which are the main driving force of the business activities. As they have more authority from the central bank to engage deeply into the financial activities they provide broader arrays of financial services to the individuals and institutions. All types of financial institutions are regulated by the Central Bank including the list of commercial bank in Nepal that we have provided below;

Although 3 dozen commercial banks established in the country now only 27 have remained, because, the big merger had occurred a result of the central bank policy. We have published here the latest list of commercial banks in Nepal.

Main Roles and function of commercial bank in Nepal

  1.  Accept deposits or mobilize deposits through various financial instruments and make payment with or without interest.
  2. Accepting deposits, making payments, having transactions, carry on intermediary services and transfer funds through various electronic instruments or devices,
  3.  lend loans including hire-purchase, leasing, housing, and overdrafts.
  4. To lend loans on the guarantee of a foreign bank or financial institution,
  5.  supply or managing loans from the amount received from the Government of Nepal or other native or foreign agency for the promotion of a project,
  6.  Write-off credits subject to the prevailing credits write-off Bylaws,
  7. Issue shares, debenture, debenture bond purpose of meeting capital.
  8. The issue, accept, pay, discount or purchase and sell letters of credit, bills of exchange, promissory notes, cheques, traveler’s cheques, drafts as well as other financial instruments,
  9.  The issue, accept and manage digital card or other instruments for electronic transactions and appointing agents for carrying out acts relating thereto,
  10.  Carry out foreign exchange business subject to the prevailing laws,
  11. Carry on government transactions subject to the limits, terms and conditions or direction of the Rastra Bank,
  12. Purchase, sell or accept treasury bills issued by Government of Nepal or bonds issued by the Rastra Bank,
  13.  Take responsibility for and arranging for the sale or purchase of shares, debentures or securities; collecting interest, dividends, etc.
  14. Earning from shares, debentures or securities; remitting or transmitting such interests or dividends to places within or outside Nepal.
  15. Arranging safe deposit vaults for customers acting as a commission agent of its customers,
  16. To carry on off-balance-sheet transactions,
  17. Buy and sell gold and silver bullions,
  18. Manage properly or sell its assets of every type to come under its own according to this Act and the prevailing laws,
  19. To perform other functions as may be prescribed by the Rastra Bank

list of commercial bank in Nepal. 

S.No.NameOperationDate (A.D.)Head OfficePaid up CapitalWorking Area
1Nepal Bank Ltd.1937/11/15 Dharmapath,Kathmandu981.11National Level
2Agriculture Development Bank Ltd.1968/01/21 Ramshahpath, Kathmandu1498.92National Level
3Nabil Bank Ltd.1984/07/12 Beena Marg, Kathmandu1009.75National Level
4Nepal Investment Bank Ltd.1986/03/09 Durbarmarg, Kathmandu 1424.9National Level
5Standard Chartered Bank Nepal Ltd.1987/02/28 Nayabaneshwor, Kathmandu801.14National Level
6Himalayan Bank Ltd.1993/01/18 Kamaladi, Kathmandu937.23National Level
7Nepal SBI Bank Ltd.1993/07/07 Kesharmahal, Kathmandu895.62National Level
8Nepal Bangaladesh Bank Ltd.1994/06/06 Kamaladi, Kathmandu849.58National Level
9Everest Bank Ltd.1994/10/18 Lazimpat , Kathmandu851.02National Level
10Kumari Bank Ltd.2001/04/03 Durbarmarg, Kathmandu955.41National Level
11Laxmi Bank Ltd.2002/04/03 Hattisar, Kathmandu981.26National Level
12Citizens Bank International Ltd.2007/04/20 Narayanhitipath, Kathmandu862.22National Level
13Prime Commercial Bank Ltd.2007/09/24 Kamalpokhari, Kathmandu1398.52National Level
14Sunrise Bank Ltd.2007/10/12 Gairidhara, Kathmandu896.78National Level
15Century Commercial Bank Ltd.3/10/2011Putalisadak , Kathmandu 841.55National Level
16Sanima Bank Ltd.2/15/2012Nagpokhari, Kathmandu880.14National Level
17Machhapuchhre Bank Ltd.2012/07/09 Lazimpat , Kathmandu845.85National Level
18NIC Asia Bank Ltd.2013/06/30 Thapathali, Kathmandu971.77National Level
19Global IME Bank Ltd.2019/09/04 Kamaladi, Kathmandu1897.59National Level
20NMB Bank Ltd.2019/09/28 Babarmahal, Kathmandu1395.1National Level
21Prabhu Bank Ltd.2016/2/12 Babarmahal, Kathmandu1031.55National Level
22Siddhartha Bank Ltd.2016/7/21 Hattisar, Kathmandu978.78National Level
23Bank of Kathmandu Ltd.2016/7/14 Kamalpokhari, Kathmandu854.69National Level
24Civil Bank Ltd.2016/10/17 Kamaladi, Kathmandu 800.34National Level
25Nepal Credit and Commerce Bank Ltd.2017/01/01 Bagbazar, Kathmandu935.39National Level
26Rastriya Banijya Bank Ltd.2018/05/02 Singhadurbarplaza,Kathmandu 900.48National Level
27Mega Bank Nepal Ltd.2018/05/13 Kamaladi, Kathmandu1038.86National Level

You may interest;

List of development banks in Nepal

List of finance companies in Nepal.

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