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Rastriya Banijya Bank (RBB) (translation: National Commercial Bank; Nepali: राष्ट्रिय वाणिज्य बैंक) is fully government owned, and the largest commercial bank in Nepal. [1] [2] RBB was established on January 23, 1966 (2022 Magh 10 BS) under the RBB Act.
Insurance business was started in Nepal by Nepal Bank's Maal Chalani Tatha Beema Company (translating to Transport and Insurance company) in 2004 B.S. Until 2026 B.S., the insurance business in Nepal was regulated by Nepal Government's Insurance Act, 1968 A.D. Feeling a need for effective regulation and control of insurance business, Nepal Government took steps to establish a dedicated ...
Grand Bank Nepal 2016 Acquired by Prabhu Bank [6] Janata Bank: 2019 Merged with Global IME Bank [7] KIST Bank 2014 Merged with Prabhu Bikas Bank [8] Lumbini Bank 2016 Merged with Bank of Kathmandu [9] Mega Bank Nepal: 2023 Merged with Nepal Investment Bank and renamed as Nepal Investment Mega Bank [10] Nepal Bangladesh Bank: 2022 Acquired by ...
Nepal Rastra Bank head office located in Baluwatar, Kathmandu. The Nepal Rastra Bank (NRB; Nepali: नेपाल राष्ट्र बैंक) was established on April 26, 1956 A.D. (Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic domestic financial sector.
The Public Service Commission (Nepali: लोक सेवा आयोग) of Nepal was established on 15 June 1951. It is the main constitutional body involved in selecting meritorious candidates required by Government of Nepal for Civil Service Vacancy. [1] It is regarded as one of the most credible modes of recruitment by Nepalis.
Global IME Bank Limited [2] (Founded as IME financial institution) is a commercial bank in Nepal. The bank was an ‘A’ class commercial bank licensed by Nepal Rastra Bank [3] and had branches all across the nation with its head office in Kathmandu which provided a complete commercial banking service. The Bank was formed with the merger and ...
Prabhu Bank Limited [3] is a commercial bank in Nepal. The bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank [4] and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock ...
Nepal SBI Bank Limited (NSBL) is the first Indo-Nepal joint venture in the financial sector. Sponsored by three institutional promoters, namely the State Bank of India (SBI), Employees Provident Fund and Agricultural Development Bank of Nepal through a memorandum of understanding signed on 17 July 1992.