History of Banks in Nepal
The establishment of the Nepal Bank Limited in 1937 A.D. marked the beginning of the formal banking sector in Nepal. Nepal Bank Limited was established as a semi-government bank with an authorized capital of Rs.10 million and a paid-up capital of Rs.892 thousand and since it was the only bank present during the time, it had to also take up the role of the central bank of the country and carry out its duties as well. Seeing that the metallic coins were the only used medium of exchange until the mid-1940s, His Majesty’s Government, known as the Nepal Government now, felt the need of a separate institution that would issue national currencies. So, in 1956 A.D., Nepal Rastra Bank was established and was officially declared as the central bank of Nepal after the formulation and the approval of the Nepal Rastra Bank Act 1955. Since then, it has been regulating and supervising banks and institutions that have been established in Nepal.
In the late 1980s, the introduction of the financial liberalization policies in Nepal gave pathway for foreign investments to establish several joint venture banks. Following suit, a substantial amount of domestic investors also started investing in the banking sectors and thus, there were a total of 218 banks and financial institutions (BFIs) by the end of the fiscal year 2011. But after halting of new licenses, introduction of merger and acquisitions policies, and mandatory requirements to increase paid up capital, the banking industry saw the decline in the number of BFIs. Now, as of mid-July 2017, there are a total of 149 BFIs in operation.
Types of Banks in Nepal
The Nepal Rastra Bank has classified the banking institutions into four categories on the basis of minimum paid-up capital and has accordingly provided the suitable license to the institutions. These four categories are: Class ‘A’ Banks, Class ‘B’ Banks, Class ‘C’ Banks and the Class ‘D’ Banks. These four groups include commercial banks, development banks, financial institutions and micro credit development banks respectively.
I. The Central Bank of Nepal: Nepal Rastra Bank
The central bank of Nepal, Nepal Rastra Bank, also known as the reserve bank, is the monopolised and nationalised institution which is responsible for the formulation and the regulation of the monetary policies of the country and also supervises and regulates the banks and financial institutions in Nepal. The Nepal Rastra Bank Act, 2002, has made it an autonomous institution. It supervises the activities of the banks and financial institutions based on the existing legal framework, regulations issued through its own Regulation Department, the internal manuals, and major international guiding policies.
Establishment Date (A.D): 1956
Head Office: Baluwatar, Kathmandu
Governor: Mr. Chiranjibi Nepal
Phone number: 01-4410201, 01-4411250, 01-4419804
Toll free number: N/A
Fax: 01-4410159
E-mail: N/A
P.O.Box: 73
Swift Code: NRBLNPKAFED (Foreign Exchange Department)
Website: https://www.nrb.org.np/
II. Commercial Banks (Class ‘A’ Bank)
As of mid-July, 2017 there are a total of 28 commercial banks in Nepal.
1) Nepal Bank Limited
Establishment Date (A.D.): 1937/11/15
Head Office: Dharmapath, Kathmandu
Capital: Rs. 8,043 million
CEO: Mr.Devendra Pratap Shah
Phone number: 01-4247999, 01-4239888
Toll Free Number: not available
E-mail: info@nepalbank.com.np
Fax: 977-1-4244971
Swift Code: NEBLNPKA
Website: http://www.nepalbank.com.np/
2) Rastriya Banijya Bank Limited
Establishment Date (A.D.): 1966/01/23
Head Office: Singha Durbar Plaza, Kathmandu
Capital: Rs. 8,589 million
CEO: Mr.Kiran Kumar Shrestha
Phone Number: 01-4252931
Toll Free Number: not available
E-mail: intlbkng@rbb.com.np
Fax: 977-1-4225302
Swift Code: RBBANPKA
Website: http://www.rbb.com.np/index.php
3) Agricultural Development Bank Limited
Establishment Date (A.D.): 1968/01/21
Head Office: Ramshahpath, Kathmandu
Capital: Rs.13,938 million
CEO: Mr.Anil Kumar Upadhyay
Phone Number: 01-4252359, 01-4262690
Toll Free Number: not available
E-mail: info@adbl.gov.np
Fax: 977-1-4262676/4262616/4262929
Swift Code: ADBLNPKA
Website: http://www.adbl.gov.np/
4) Nabil Bank Limited
Establishment Date (A.D.): 1984/07/12
Head Office: Kamaladi,Kathmandu
Capital: Rs.8,041 million
CEO: Mr.Anil Keshary Shah
Capital: Rs.8, 041 million
Phone no.: 01-4221718, 01-4227181
Toll Free Number: not available
E-mail: info@nabilbank.com
Fax: 01-4226905
SWIFT Code: NARBNPKA
Website: https://www.nabilbank.com/
5) Nepal Investment Bank Limited
Establishment Date (A.D.): 1986/03/09
Head Office: Durbarmarg, Kathmandu
Capital: Rs.10,626 million
CEO: Mr.Jyoti Prakash Pandey
Phone no.:01-4228229
Toll Free Number: not available
E-mail: info@nibl.com.np
Fax; (977-1) 4226349, 4228927
SWIFT Code: NIBLNPKT
Website: https://www.nibl.com.np/
6) Standard Chartered Bank Nepal Limited
Establishment Date (A.D.): 1987/02/28
Head Office: Nayabaneshwor, Kathmandu
Capital: Rs.8,011 million
CEO: Mr. Joseph Silvanus
Phone no.: 01-4782333, 01-4783753
Toll free number:N/A
E-mail: Clientcarecentre.Nepal@sc.com, Straight2bank.np@sc.com
Fax: 01-4780762
SWIFT Code: SCBLNPKA
Website: https://www.sc.com/np/
7) Himalayan Bank Limited
Establishment Date (A.D.): 1993/01/18
Head Office: Kamaladi, Kathmandu
Capital: Rs.8,114 million
CEO: \mr.Ashok SJB Rana
Phone no.: 01-4227749, 01-4246218, 01-4246219, 01-4250201
Toll free number: 16600111000
E-mail: himalremit@himalayanbank.com (general), helpdeskrmt@himalayanbank.com (support)
Fax: N/A
Swift Code: HIMANPKA
Website: https://www.himalayanbank.com/
8) Nepal SBI Bank Limited
Establishment Date (A.D.): 1993/07/07
Head Office: Kesharmahal, Kathmandu
Capital: Rs.8, 000 million
CEO: Mr. Anukool Bhatnagar
Phone no.: 01-4435613/516
Toll free number: N/A
E-mail: corporate@nsbl.com.np
Fax: 01-4416596 (Central Regional Office)
Swift Code: NSBINPKA
Website: https://nepalsbi.com.np/
9) Nepal Bangladesh Bank Limited
Establishment Date (A.D.): 1993/01/18
Head Office: Kamaladi, Kathmandu
Capital: Rs. 8,086 million
CEO: Mr. Gyanendra Prasad Dhungana
Phone no.: 01-4233780/81/82/83/84/85
Toll free number: 1-660-017-9771
E-mail: nbblho@nbbl.com.np
Fax: 977-1-4233776
Swift Code: NPBBNPKA
Website: https://nbbl.com.np/
10) Everest Bank Limited
Establishment Date (A.D.): 1994/10/18
Head Office: Lazimpat , Kathmandu
Capital: Rs.7,733 million
CEO: Mr. Someshwar Seth
Phone no.: 01-4443377
Toll free number: 16600171718
E-mail: ebl@mos.com.np
Fax: 01-4443160
Swift Code: EVBLNPKA
Website: https://www.everestbankltd.com/
11) Kumari Bank Limited
Establishment Date (A.D.): 2001/04/03
Head Office: Durbarmarg, Kathmandu
Capital: Rs. 5,969 million
CEO: Mr. Surender Bhandari
Phone no.: 01-4221311, 4231112
Toll free number: N/A
E-mail: kblremit@kumaribank.com (Central Remittance Department)
Fax: 01-4231960
Swift Code: KMBLNPKA
Wesbite: https://www.kumaribank.com/
12) Laxmi Bank Limited
Establishment Date (A.D.): 2002/04/03
Head Office: Hattisar, Kathmandu
Capital: Rs. 8,220 million
CEO: Mr. Ajaya Bikram Shah
Phone no.: 4444684, 4444685
Toll free number: N/A
E-mail: info@laxmibank.com
Fax: 01-4444640/743
SWIFT code: LXBLNPKA
Website: https://laxmi.laxmibank.com/
13) Citizens Bank International Limited
Establishment Date (A.D.): 2007/04/20
Head Office: Kamaladi, Kathmandu
Capital: Rs. 8,029 million
CEO: Mr. Ganesh Raj Pokharel (Act. CEO)
Phone no.: 01-4427842
Toll free number: 16600166667
E-mail: info@ctznbank.com
Fax: 01-4427044
SWIFT: CTZNNPKA
Website: https://www.ctznbank.com/
14) Prime Commercial Bank Limited
Establishment Date (A.D.): 2007/09/24
Head Office: Newroad, Kathmandu
Capital: Rs. 8,033 million
CEO: Narayan Das Manandhar
Phone no: 4423433/4423436/ 4423432
E-mail: info@pcbl.com.np
Fax: 01- 4425955
SWIFT code: PCBLNPKA
Website: http://www.primebank.com.np/
15) Sunrise Bank Limited
Establishment Date (A.D.): 2007/10/12
Head Office: Gairidhara, Kathmandu
Capital: Rs. 8,081 million
CEO: Mr.Ratna Raj Bajracharya
Phone no.: 4004560, 4004561, 4004562
E-mail: info@sunrisebank.com.np
Fax: 977-1-4422475
Website: http://wwww.sunrisebank.com.np/
16) Mega Bank Nepal Limited
Establishment Date (A.D.): 2010/07/23
Head Office: Rising Mall, Kamaladi, Kathmandu
Capital: Rs.5,279 million
CEO: Mr. Anil Shah
Phone no.: 01-4169250, 01-4169251, 01-4169252
E-mail: info@megabank.com.np (Customer Care)
Fax: +977-1-4169260 (main branch) , 977-1-4169215 ( corporate office)
Swift Code: MBNLNPKA
Website: https://www.megabanknepal.com/
17) Century Commercial Bank Limited
Establishment Date (A.D.): 2011/03/10
Head Office: Putalisadak , Kathmandu
Capital: Rs. 5,774 million
CEO: Mr. Anuj Mani Timilsina
Phone no: 4445062, 4412579, 4428392
Toll free no: 16600126100
E-mail: welcome@centurybank.com.np
Fax: 977-1-4441422
Swift Code: CCBNNPKA
Website: https://www.centurybank.com.np/main/
18) Sanima Bank Limited
Establishment Date (A.D.): 2012/02/15
Head Office: Nagpokhari, Kathmandu
Capital: Rs. 8,001 million
CEO: Mr. Manish Joshi
Phone no: 1- 4428977/79/80
E-mail: sanima@sanimabank.com
P.O.Box: 20394
Fax: +977-1-4428969
Swift Code: SNMANPKA
Website: https://www.sanimabank.com/
19) Machhapuchhre Bank Limited
Establishment Date (A.D.): 2012/07/09
Head Office: New Road, Pokhara, Kaski
Capital: Rs. 7,717 million
CEO: Mr.Suman Sharma
Phone no.: 01-4428556
Toll Free Number: 1660-01-23234
E-mail: machbank@mbl.com.np
Fax: +977-01-4425356
Swift Code: MBLNNPKA
Website: https://www.machbank.com/
20) NIC Asia Bank Limited
Establishment Date (A.D.): 2013/06/30
Head Office: Thapathali, Kathmandu
Capital: Rs. 8,031 million
CEO: Mr. Laxman Risal
Phone no.: 5111177/5111179
Toll Free Number: 1660-01-77771
E-mail: info@nicasiabank.com
Fax: + 977-1-5111180
Swift Code: NICENPKA
Website: https://www.nicasiabank.com/
21) Global IME Bank Limited
Establishment Date (A.D.): 2014/04/09
Head Office: Panipokhari, Kathmandu
Capital: Rs. 8,888 million
CEO: Mr.Anil Gyawali
Phone no.: 4226247+977-1-4228671
Toll Free Number: not found
E-mail: info@gibl.com.np
Fax: +977-1-4228036
Swift Code: GLBBNPKA
Website: http://globalimebank.com/miscellaneous.html
22) NMB Bank Limited
Establishment Date (A.D.): 2015/10/18
Head Office: Babarmahal, Kathmandu
Capital: Rs. 6,462 million
CEO: Mr.Sunil KC
Phone no.: 01-4246160
Toll Free Number: 16600125252
E-mail: call@nmb.com.np
Fax: 01-4246156
Swift Code: NMBBNPKA
Website: http://nmbbanknepal.com/
23) Prabhu Bank Limited
Establishment Date (A.D.): 2016/02/12
Head Office: Babarmahal, Kathmandu
Capital: Rs. 5,881 million
CEO: Mr.Ashok Sherchan
Phone no.: 4788500,
Toll Free Number: 16600107777
E-mail: info@prabhubank.com
Fax: +977-1-4780588
Swift Code: PRVUNPKA
Website: https://prabhubank.com/
24) Siddhartha Bank Limited
Establishment Date (A.D.); 2016/07/21
Head Office: Hattisar, Kathmandu
Capital; Rs. 7,585 million
CEO: Mr.Shambhu Nath Gautam
Phone no.: 01-4442919, 01-4442920
Toll Free Number: not found
E-mail: sbl@siddharthabank.com
Fax: 977-1- 4442921
Swift Code: SIDDNPKA
Website: https://www.siddharthabank.com:444/
25) Bank of Kathmandu Lumbini Limited
Establishment Date (A.D.): 2016/07/14
Head Office: Kamaladi, Kathmandu
Capital: Rs. 5,630 million
CEO: Mr.Shovan Dev Pant
Phone no.: 01-4414541, 01-4437106
Toll Free Number: 166 001 000 49
E-mail: info@bok.com.np
Fax: +977-1-4418990
Swift Code: BOKLNPKA
Website: https://www.bok.com.np/
26) Civil Bank Limited
Establishment Date (A.D.): 2016/10/17
Head Office: Civil Trade Centre (CTC Mall), Sundhara, Kathmandu
Capital: Rs. 5,185 million
CEO: Mr.Govinda Gurung
Phone no.: 01-4251015, 4251087
Toll Free Number: not found
E-mail: marketing@civilbank.com.np
Fax: +977-01-4251036
Swift Code: CIVLNPKA
Website: http://wwww.civilbank.com.np/
27) Nepal Credit and Commerce Bank Limited
Establishment Date (A.D.): 2017/01/01
Head Office: Bagbazaar, Kathmandu
Capital: Rs. 5,667 million
CEO: Mr. Ramesh Raj Aryal
Phone no.: 01-4246991
Toll Free Number:
E-mail: mainbranch@nccbank.com.np
Fax: 01-4252131
Swift Code: NBOCNPKA
Website: http://nccbank.com.np/
28) Janata Bank Limited
Establishment Date (A.D.): 2017/04/07
Head Office: Thapathali, Kathmandu
Capital: Rs. 8,001 million
CEO: Mr. Parshuram Kunwar Chhetri
Phone no.: +977-1-4101634, 4101635, 4101636
Toll Free Number:
E-mail: info@janatabank.com.np
Fax: +977-1-4101639
Swift Code: JBNLNPKA
Website: https://www.janatabank.com.np/
III. Development Banks in Nepal ( Class ‘B’ Banks)
As of mid-July 2017, there are 40 Development Banks in Nepal which comprises of 13 in National Level, 2 in ‘Ten Districts Level’, 20 in ‘Three Districts Level’ and 5 in ‘One District Level’ working areas.
The development banks in the National Level are:
1) NIDC Development Bank Limited
Establishment Date (B.S.): 2066/10/25
Head Office: Durbar Marg, Kkathmandu
Capital: Rs.415, 823
CEO:
Phone no.: 01-4228322, 4230211
Toll Free Number: N/A
E-mail: nidc@nidc.org.np
Fax:
Website: http://www.nidc.org.np/
2) Muktinath Bikas Bank Limited
Establishment Date (B.S.):
Head Office: Kamaladi, Kathmandu
Paid-up Capital: Rs.1,977,798
CEO: Mr. Pradyuman Pokharel
Phone no.: 01-4168683, 01-4168685, 01-4168686
E-mail: info@muktinathbank.com.np
Fax; 977-01-4168684
Website: http://muktinathbank.com.np/
3) Jyoti Bikas Bank Limited
Establishment Date (B.S.): 2065/04/09
Head Office: Kamaladi, Kathmandu
Capital: Rs.2,349,917
CEO: Mr. Manoj Kumar Gyawali
Phone no.: 01-4168605/606/607/608
Toll Free Number: not available
E-mail: info@jbbl.com.np
Fax: +977-01-4168580
Website: http://jbbl.com.np/
4) Tourism Development Bank Limited
Establishment Date (B.S.): 2066/12/05
Head Office: New Baneshowr, Kathmandu
Capital: Rs.2,303,961
CEO: Mr. Rewanta Kumar Dahal
Phone no.: 01- 4485480, 01-4487071
E-mail: info@tdbl.com.np
Fax: 977 1 4485576
Swift Code: TDBLNPKA
Website: not available
5) Lumbini Bikas Bank Limited
Establishment Date (B.S.):
Head Office: Dillibazar, Kathmandu
Capital: N/A
CEO: Mr. Naresh Singh Bohra
Phone no.: 01-4413232, 01-4421696
Toll Free Number: N/A
E-mail: info@lumbinibikasbank.com
Fax: 01-4413290
Website: http://www.lumbinibikasbank.com.np/
6) Kailash Bikash Bank Limited
Establishment Date (B.S.): 2069/01/12
Head Office: Putalisadak, Kathmnadu
Capital: Rs.2,502,636
CEO: Mr. Amrit Charan Shrestha
Phone no.: 01-4443034, 01-4432139,01-4422724
Toll Free Number: N/A
E-mail: info@kailashbank.com
Fax: 01-4423779
Website: https://kailashbank.com/
7) Mahalaxmi Bikas Bank Limited
Establishment Date (B.S.): 2074/03/18
Head Office: Durbarmarg, Kathmandu
Capital: Rs.2,633,797
CEO: Mr. Krishna Raj Lamichhane
Phone no.: 01-4268719
Toll Free Number: N/A
E-mail: info@mahalaxmibank.com.np
Fax; 01-4269308
Website: http://mahalaxmibank.com/
8) Shangrila Development Bank Limited
Establishment Date (B.S.): 2071/03/29
Head Office: Baluwatar, Kathmandu
Capital: Rs.1,358,475
CEO: Mr. Suyog Shrestha
Phone no.: 01-4421861/62/63
Toll Free Number: N/A
E-mail: info@shangrilabank.com
Fax: 01-4421766
Website: http://www.shangrilabank.com/
9) Deva Bikas Bank Limited
Establishment Date (A.D.): 10th July,2015
Head Office: Bina Marg, Lal Durbar, Kathmandu
Paid-up Capital: Rs.1,692,077
CEO: Mr. Bijay Bahadur Shrestha
Phone no.: 01-4242272, 01-4242553
Toll Free Number: N/A
E-mail: info@devabank.com.np
Fax: 01-4253459
Website: http://www.devabank.com.np/main/
10) Gandaki Bikas Bank Limited
Establishment Date (B.S.): 2064/08/05
Head Office: Pokhara, Kaski
Capital: Rs.1,843,926
CEO:Mr. Resham Bahadur Thapa
Phone no: 061-528001, 528002
Toll free number: N/A
E-mail: info@gandakibank.com.np
Fax: 061-528003
Website: http://gandakibank.com.np/
11) Garima Bikas Bank Limited
Establishment Date (B.S.): 2064/05/29
Head Office: Lazimpat, Kathmandu
Capital: Rs.2,534,880
CEO: Mr. Govinda Prasad Dhakal
Phone no.: 01-4445424/25/26/27/28
Toll free number: N/A
E-mail: info@garimabank.com.np
Fax: N/A
Website: http://garimabank.com.np/
12) Om Development Bank
Establishment Date (B.S.):
Head Office: Chippledhunga, Pokhara
Capital: Rs.2,256,804
CEO: Mr. Bishwo Mohan Adhikari
Phone no.: 061-521505
Toll free number: N/A
E-mail: info@ombank.com.np
Fax: 061-533038
Website: http://www.ombank.com.np/
13) Kamana Bikas Bank Limited
Establishment Date (B.S.):
Head Office: Gyaneshwar, Kathmandu
Capital: Rs.945,654
CEO: Mr.Prabin Basnet
Phone no.: 01-4440115, 01-4440116, 01-4440123, 01-4440124
Toll free number: N/A
E-mail: info@kamanasewabank.com
Fax: 01-4440134
Website: http://www.kamanasewabank.com/
The development banks that fall in the ’10 districts level’ are:
14) Shine Resunga Development Bank Limited
Establishment Date (B.S.): 2065/11/11
Head Office: Butwal, Rupandehi
Capital: Rs.1,378,615
CEO: Mr. Prakash Poudel
Phone no.: 071- 551500
Toll free number: N/A
E-mail: shineresunga001@gmail.com
Fax: N/A
Website: http://www.srdb.com.np/
15) Sewa Bikas Bank Limited
Establishment Date (B.S.): 2063/11/13
Head Office: Butwal, Nepal
Capital: Rs.1,203,247
CEO: Mr. Mahesh Prasad Kaphle
Phone no.: 071-546993, 546994
Toll free number:
E-mail: info@sewabank.com.np
Fax: 977-071-542694
Website: N/A
Under the Category B, there are 20 financial institutions in the ‘3 districts level’. They are:
16) Narayani Development Bank Limited
Establishment Date (B.S): 2058/07/01
Head Office: Ratna nagar, Chitwan
Capital: N/A
CEO: Mr. Muktinath Paudel
Phone no.: 056-561258, 561670
E-mail: narayanidbl_mo@tec hminds.com
Fax:
Swift Code:
Website:
17) Sahayogi Bikas Bank Ltd.
Establishment Date (B.S):
Head Office: Janakpur, Dhanusha
Capital: Rs.508,030
CEO: Mr. Binaya Rijal
Phone no.: 041-525972/527124
E-mail: Sahayogibank@yahoo.com
Fax: 041-525971
Website: http://www.sahayogibank.com.np/
18) Karnali Bikash Bank Ltd.
Establishment Date (B.S): 2060/11/06
Head Office: Nepalgunj, Bake
Capital: Rs.203,131
CEO: Mr. Rajendra Bir Raya
Phone no.: 081-526014, 525015
E-mail: kdbl@ntc.net.np, info@kdblnepal.com
Fax:
Website:
19) Western Development Bank Ltd.
Establishment Date (B.S): 2062/05/30
Head Office: Ghorahi, Dang
Capital: Rs.407,468
CEO: Mr. Khim Bahadur D.C.
Phone no.: 082-560732
Toll free number:
E-mail: wdbldang@yahoo.co m
Fax:
Website:
20) Miteri Development Bank Ltd.
Establishment Date (B.S): 2063/06/27
Head Office: Dharan, Sunsari
Capital: Rs.500,000
CEO: Mr. Tulasi Prasad Wasti
Phone no.: 025-531317
E-mail: miteribank@wlink.co m.np
Fax:
Website:
21) Tinau Bikas Bank Ltd
Establishment Date (B.S): 2063/07/15
Head Office: Butwal, Rupandehi
Capital: Rs.506,935
CEO: Mr. Pradip Kumar Shrestha
Phone no.: 071-541055, 542576
E-mail: info@tinaubank.com
Fax:
Website:
22) Sajha Bikas Bank Ltd.
Establishment Date (B.S): 2070/01/17
Head Office: Dhangadi, Kailali
Capital: Rs.100,000
CEO:
Phone no.: 091-526006
E-mail: info@sajhabank.com
Fax:
Website:
23) Nepal community Development Bank Ltd
Establishment Date (B.S): 2069/07/17
Head Office: Butwal, Rupandehi
Capital: Rs.262,041
CEO:
Phone no.: 071-541817, 541818
E-mail: info@ncdbank.com
Fax:
Website:
24) Kankai Bikas Bank Limited
Establishment Date (B.S): 2064/01/20
Head Office: Damak, Jhapa
Capital: Rs.275,356
CEO: Mr. Subhash Paudel
Phone no.: 023-584749, 585449
E-mail: kbbl@kankaibank.co m.np
Fax:
Website:
25) Alpine Development Bank Ltd.
Establishment Date (B.S): 2064/06/18
Head Office: Hetauda, Makwanpur
Capital: Rs.319,907
CEO: Mr. Sudarshan Prasad Adhikari
Phone no.: 057-524674, 527845
E-mail: alpinehetauda@gmai l.com
Fax:
Website:
26) Bhargav Bikas Bank Ltd.
Establishment Date (B.S): 2064/05/13
Head Office: Nepalgunj, Bake
Capital: Rs.290,400
CEO: Mr. Pushpa Raj Joshi
Phone no.: 081-521027, 525037
E-mail: info@bhargavbank.c om.np
Fax:
Website:
27) Corporate Development Bank Ltd.
Establishment Date (B.S): 2064/07/21
Head Office: Birgunj, Parsa
Capital: N/A
CEO: Mr. Bipin Raj Pokharel
Phone no.: 051-531031
E-mail: info@corporatebank. com.np
Fax:
Website:
28) Purnima Bikas Bank Ltd.
Establishment Date (B.S): 2065/02/07
Head Office: Siddharthanagar, Rupandehi
Capital: Rs.480,523
CEO: Mr. Prakash Gurung
Phone no.: 071-520856
E-mail: info@purnimabank.com
Fax:
Website:
29) Kanchan Development Bank Ltd.
Establishment Date (B.S): 2066/06/03
Head Office: Mahendra nagar, Kanchanpur
Capital: Rs.402,050
CEO:
Phone no.: 099-520269
E-mail: info@kanchanbank.c om.np
Fax:
Website:
30) Mission Development Bank Ltd.
Establishment Date (B.S): 2067/03/01
Head Office: Butwal, Rupandehi
Capital: Rs.519,280
CEO:
Phone no.: 071-551586, 551587
E-mail: info@missionbankne pal.com.np
Fax:
Website:
31) Sindhu Bikas Bank Ltd.
Establishment Date (B.S): 2067/05/24
Head Office: Sindhupalchowk
Capital: Rs.262,193
CEO: Mr. Sanjiv Pradhan
Phone no.: 011-662340, 489245
E-mail: info@sindhubikasba nk.com.np
Fax:
Website:
32) Excel Development Bank Ltd.
Establishment Date (B.S): 2062/04/06
Head Office: Birtamod, Jhapa
Capital: Rs.500,393
CEO: Mr. Dinesh Kumar Pokharel
Phone no.: 23-543565, 543714
E-mail: info@edb.com.np
Fax:
Website:
33) Saptakoshi Development Bank
Establishment Date (B.S): 2069/09/16
Head Office: Morang
Capital: Rs.234,210
CEO:
Phone no.: 021-420676, 420677
E-mail: info@skdbl.com.np
Fax:
Website:
34) Green Development Bank Ltd.
Establishment Date (B.S): 2070/05/09
Head Office: Baglung
Capital: Rs.100,000
CEO: Mr. Prakash Kumar Shrestha
Phone no.: 068-522865, 522866
E-mail: info@greenbank.com .np
Fax:
Website:
The Development Banks that lie under the ‘1 District Level’ are:
35) Kabeli Bikas Bank Ltd.
Establishment Date (B.S): 2064/09/01
Head Office: Dhankuta
Capital: Rs.84,459
CEO:
Phone no.: 026-521436
E-mail: kbbremit@yahoo.com
Fax:
Website:
36) Hamro Bikas Bank Ltd.
Establishment Date (B.S): 2066/01/06
Head Office: Nuwakot
Capital: Rs.447,127
CEO:
Phone no.: 010-561779
E-mail: info@hamrobank.com
Fax:
Website:
37) Mount Makalu Development Bank Ltd.
Establishment Date (B.S): 2067/04/05
Head Office: Basantapur, Teherathum
Capital: Rs.69,160
CEO:
Phone no.: 026-630124
E-mail: info@mmdbank.com
Fax:
Website:
38) Sahara Bikas Bank Ltd.
Establishment Date (B.S): 2067/07/10
Head Office: Malangawa, Saralahi
Capital: Rs.89,784
CEO:
Phone no.: 046-521471
E-mail: info@saharabikashbank.com
Fax:
Website:
39) Salpa Bikash Bank Ltd.
Establishment Date (B.S): 2069/04/01
Head Office: Khotang
Capital: Rs. 38,916
CEO:
Phone no.: 036-420638
E-mail: salapabikashbank@gmail.com
Fax:
Website:
FINANCE COMPANIES (CLASS ‘C’ BANKS)
1) Nepal Finance and Savings Company Limited
Establishment Date: 1993/01/06
Head Office: Kamaladi, Kathmandu
Capital:Rs.13.58 crore
CEO: Mr. Sudhindra Man Pradhan, Act. CEO
Phone no.: 4220031, 4247020
Toll free number: N/A
E-mail: nefinsco@mos.com.np
Fax: 4241237
Website:
2) Nepal Share Markets and Finance Ltd
Establishment Date (A.D.): 1993/10/19
Head Office: Ramshahapath, Kathmandu
Capital:Rs.23.33 crore
CEO:
Phone no.: 4267597, 4267606
Toll free number: N/A
E-mail:
Fax: 00977-071-4227716
Website:
13) Gorkha Finance Limited
Establishment Date (A.D.): 2016/4/10
Head Office: Dillibazar, Kathmandu
Capital: Rs.867,994
CEO:
Phone no.: 4438396, 4438647
Toll free number: N/A
E-mail: gorkhfin@mail.com.np
Fax: 4429096
Website:
3) Goodwill Finance Company Limited
Establishment Date (A.D.): 1995/5/15
Head Office: Hattisar, Kathmandu
Capital:Rs.800,000
CEO: Mr. Saroj Kaji Tuladhar
Phone no.: 4422290
Toll free number: N/A
E-mail:
Fax:
Website:
4) Shree Investment & Finance Com. Ltd.
Establishment Date (A.D.): 2017/2/1
Head Office: Dillibazar, Kathmandu
Capital:Rs. 80.02 crore
CEO: Mr. Sashi Raj Pandey
Phone no.: 4415344, 4417558
Toll free number: N/A
E-mail: shreefin@mos.com.np
Fax: 977-1-4421770
Website:
5) ICFC Bittiya Sanstha
Establishment Date (A.D.): 2004/07/15
Head Office: Bhatbhateni, Kathmandu
Capital: Rs.88.22 crore
CEO:
Phone no.: 4425292
Toll free number: N/A
E-mail:
Fax: 4425294
Website: : www.icfc.com.np
6) Lalitpur Finance Ltd.
Establishment Date (A.D.):1995/12/1
Head Office: Lagankhel, Lalitpur
Capital:Rs. 236, 857
CEO:
Phone no.: 5536598
Toll free number: N/A
E-mail: lfcl@wlink.com.np
Fax: 071-5531916
Website: www.lalitpurfinance.com.np
7) United Finance Limited
Establishment Date (A.D.): 1996/01/26
Head Office: Durbarmarg Kathmandu
Capital:Rs.800, 519
CEO:
Phone no.: 4241648, 4241649, 4222663
Toll free number: N/A
E-mail: ufl@mos.com.np
Fax: 01-4241645
Website:
8) Srijana Finance Ltd. (Bittiya Sanstha)
Establishment Date (A.D.): 1999/12/14
Head Office: Biratnagar, Morang
Capital: 400, 680
CEO:
Phone no.:
Fax:
Email:
Website:
9) World Merchant Banking & Finance Ltd.
Establishment Date (A.D.): 2001/08/10
Head Office: Hetauda, Makwanpur
Capital:Rs. 18.20 crore
CEO: Mr. Binit Upadhyaya
Phone no.: 057521129, 521479, 525100
Toll free number: N/A
Fax: 057523229
Email: wmbfl@ntc.net.np
Website:
10) Capital Merchant Banking & Finance Limited
Establishment Date (A.D.): 2002/02/01
Head Office: Battisputali, Kathmandu
Capital:Rs. 93.51crore
CEO:
Phone no.: 4-471458, 4-469702 & 4-469738
Toll free number: N/A
Fax: 4-496321
Email: cmbfl@ntc.net.np
Website:
11) Crystal Finance Limited
Establishment Date (A.D): 2002/3/13
Head Office: Thapathali, Kathmandu
Capital: Rs.7.00 crore
CEO: Mr. Ram Prasad hada
Phone no.: 01-4218269, 4218270,4218271
Toll free number: N/A
Fax: 01-4219058
Email: crystal@htp.com.np
Website: www.crystalfinance.com.np
12) Guheshowri Merchant Banking and Finance Ltd.
Establishment Date (A.D.): 2002/06/13
HEad Office: Pulchowk, Lalitpur
Capital: Rs.800, 000
CEO:
Phone no.:
Fax:
E-mail:
Website:
13) Janaki Finance Company Ltd.
Establishment Date (A.D.): 1997/03/07
Head Office: Janakpurdham, Dhanusha
Capital: Rs. 492,140
CEO:
Phone no:
Email:
Fax:
Website:
14) Pokhara Finance Limited
Establishment Date (A.D.): 1997/03/16
Head Office:Pokhara, Kaski
Capital:Rs.85.73 crore
CEO:
Phone no.: 531145, 524942
Toll free number: N/A
E-mail: pofil@fewamail. com.np
Fax: 531610
Website:
15) Central Finance Ltd.
Establishment Date (A.D.): 2017/3/23
Head Office: Kupondole, Lalitpur
Capital: Rs.823,398
CEO:
Phone no.:
E-mail:
Fax:
Website:
16) Multipurpose Savings and Investment Company Ltd.
Establishment Date (A.D.): 1998/04/15
Head Office: Rajbiraj, Saptari
Capital:Rs.4.15 crore
CEO:
Phone no.:
Toll free number: N/A
E-mail:
Fax:
Website:
17) Progressive Finance Ltd.
Establishment Date (A.D.): 1996/02/26
Head Office: Newroad, Kathmandu
Capital:Rs.58.80 crore
CEO:
Phone no.:
Toll free number: N/A
E-mail:
Fax:
Website:
18)Hathway Finance Company Ltd.
Establishment Date (A.D.): 1997/08/17
Head Office:Dharan, Sunsari
Capital:Rs.30.00 crore
CEO:
Phone no.:
Toll free number: N/A
E-mail:
Fax:
Website:
20) City Express Finance Company Ltd.
Establishment Date (A.D.): 2006/03/24
Head Office: Durbarmagra, Kathmandu
Capital:Rs.32.64 crore
CEO:
Phone no.:
Toll free number: N/A
E-mail:
Fax:
Website:
21) Manjushree Financial Institution Ltd.
Establishment Date (A.D.): 2007/10/17
Head Office: Nayabaneshwor, Kathmandu
Capital:Rs.80.41 crore
CEO:
Phone no.:
Toll free number: N/A
E-mail:
Fax:
Website:
22) Jebil’s Finance Ltd.
Establishment Date (A.D.): 2009/10/28
Head Office: Newroad, Kathmandu
Capital:Rs.70.93 crore
CEO:
Phone no.:
Toll free number: N/A
E-mail:
Fax:
Website:
23)Reliance Finance Ltd.
Establishment Date (A.D.): 2014/05/08
Head Office: Pradarsani Marg, Kathmandu
Capital:Rs.72.43 crore
CEO:
Phone no.:
Toll free number: N/A
E-mail:
Fax:
Website:
24)Best Finance Ltd.
Establishment Date (A.D.): 2018/08/02
Head Office: Chabahil, Kathmandu
Capital:Rs.81.00 crore
CEO:
Phone no.:
Toll free number: N/A
E-mail:
Fax:
Website:
CLASS ‘D’ MICRO-CREDIT INSTITUTIONS
1)Nirdhan Utthan Laghubitta Bittiya Sanstha Ltd.
Establishment Date (A.D.): 1999/07/17
Head Office: Naxal, Kathmandu
Capital:Rs.120..00 crore
CEO:Mr. Janardan Dev Pant
Phone no.: 01- 4413711, 4413794, 4413840
Toll free number: N/A
E-mail: info@nirdhan.com.np
Fax: 977- 1- 4413856
Website: https://www.nirdhan.com.np/
2)RMDC Laghubitta Bittiya Sanstha Ltd
Establishment Date (A.D.): 1999/12/06
Head Office: Putalisadak, Kathmandu
Capital:Rs.72.67 crore
CEO: Mr. Jyoti Chandra Ojha
Phone no.: 01-4268019/4268020
Toll free number: N/A
E-mail: rmdc@rmdcnepal.com
Fax: 977-01-4247702
Website: http://rmdcnepal.com/
3)Deprosc Laghubitta Bittiya Sanstha Ltd.
Establishment Date (A.D.): 2001/07/03
Head Office: Bharatpur, Chitwan
Capital:Rs.77.34 crore
CEO: Mr. Upendra Bahadur Karki
Phone no.: 010-402111/124
Toll free number: N/A
E-mail: nadeplaghubitta@gmail.com
Fax:
Website: http://www.nadeplaghubitta.com/
4)Chhimek Laghubitta Bittiya Sanstha Ltd.
Establishment Date (A.D.): 2001/12/10
Head Office: Old Baneshwor, Kathmandu
Capital:Rs.100.00 crore
CEO: Mr.Ram Chandra Joshee
Phone no.: 01-4490513, 01-4464852
Toll free number: N/A
E-mail: info@chhimekbank.org
Fax: 977-01-4465785
Website: http://chhimekbank.org/en/
5)Shawalamban Laghubitta Bittiya Sanstha Ltd.
Establishment Date (A.D.): 2002/02/22
Head Office: Lalcolony Marg, Kathmandu
Capital:Rs.50.31 crore
CEO: Mr.Bhoj Raj Bashyal
Phone no.: 01-4434921/22
Toll free number: N/A
E-mail: info@swbbl.com.np
Fax: 977-1-4441525
Website: http://swbbl.com.np/
6)Sana Kisan Laghubitta Bittiya Sanstha Ltd.
Establishment Date (A.D.): 2002/03/11
Head Office: Subidhanagar, Kathmandu
Capital:Rs.62.88 crore
CEO: Dr. Shiva Prasad Ram Koirala
Phone no.: 4111923, 4111752
Toll free number: N/A
E-mail: info@skbbl.com.np
Fax: +977-1-4111901
Website: http://skbbl.com.np/main/
7)Nerude Laghubitta Bittiya Sanstha Ltd.
Establishment Date (A.D.): 2007/06/15
Head Office: Biratnagar, Morang
Capital:Rs.34.58 crore
CEO:
Phone no.: 021-463032,462101
Toll free number: N/A
E-mail: nerude@wlink.com.np, info@nerude.org.np
Fax: N/A
Website: http://www.nerude.org.np/
8)Summit Microfinance Financial Institution Ltd
Establishment Date (A.D.): 2009/05/20
Head Office: Birtamod, Jhapa
Capital:Rs.17.00 crore
CEO: Mr. Debendra Bahadur Basnet
Phone no.: 023-541420 / 544420
Toll free number: N/A
E-mail: info@summitbank.com.np
Fax:
Website: http://www.summitbank.com.np/
9)Sworojagar Laghubitta Bittiya Sanstha Ltd.
Establishment Date (A.D.): 2009/12/16
Head Office: Banepa, Kavre
Capital:Rs.26.95 crore
CEO: Mr. Manoj Krishna Uprety
Phone no.: 011 661060
Toll free number: N/A
E-mail: info@slbbl.com.np
Fax:
Website: http://www.slbbl.com.np/
10) First Microfinance Laghubitta Bittiya Sanstha Ltd.
Establishment Date (A.D.): 2009/12/28
Head Office: Gyaneshwor, Kathmandu
Capital:Rs.68.44 crore
CEO: Mr. Bhesh Raj Panthi
Phone no.: +977-1-4425361, +977-1-4425358
Toll free number: N/A
E-mail: info@fmdb.com.np
Fax: +977-1-4427046
Website: http://fmdb.com.np/
11)Womi Microfinance Bittiya Sanstha Ltd.
Establishment Date (A.D.):2012/03/08
Head Office: Bharatpur, Chitwan
Capital:Rs.10.11 crore
CEO: Mr. Pramesh Acharya
Phone no.: +977-056-520406
Toll free number: N/A
E-mail: womimf@hotmail.com
Fax: +977-056-520408
Website:http://www.womimfi.com/index.php
12)Civil Laghubitta Bittiya Sanstha Ltd.
Establishment Date (A.D.): 2012/07/05
Head Office: Chuchepati , Kathmandu
Capital:Rs.10.97 crore
CEO:Mr. Balaram Paudel
Phone no.: 01 – 4471438, 4474202
Toll free number: N/A
E-mail: info@civillaghubitta.com
Fax: N/AWebsite: https://www.civillaghubitta.com.np/
