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Bhutan National Bank is currently headed by Mr Sonam Tobgay, Chief Executive Officer, who has been the CEO of the Bank since September 2019. He is assisted by a team of three Directors: Mr. Hem Kumar Acharya, who heads Banking Operations; Mr. Dorji Namgyel Rinchen, who heads the Customer Experience Department, and Mr. Dorji, who looks after the Corporate Services Department.
Bhutan National Bank had upgraded to "Flexcube CBS technology" by 2012 and introduced Internet banking and ATMs. [4] From 2008 to 2010, Bank of Bhutan Ltd. used "core bank solution technology" to connect all its branches to a central server, enabling customers to operate from any branch. [4]
The following is a list of banks based and operating in Bhutan. Bank of Bhutan [1] Bhutan National Bank; Royal Monetary Authority of Bhutan; Druk PNB Bank; No Full form (T Bank) Bhutan Development Bank; Druk Kidu Digital Bank
Bank of Bhutan (BoB) is the largest and oldest commercial bank in Bhutan. It was established under the provision of the royal charter of May 1968. [5] It was also the only central bank before the Royal Monetary Authority of Bhutan in 1982. It is registered under the Companies Act of Bhutan, 2000 as a public sector commercial bank. [6]
Bank of Bhutan; Bhutan National Bank; D. Druk PNB Bank; R. Royal Monetary Authority of Bhutan This page was last edited on 18 January 2020, at 21:23 (UTC). Text ...
It is also listed on the Royal Securities Exchange of Bhutan. [ 1 ] As of December 31, 2014, the bank's paid-up capital amounted to Nu 449.712 million, with ownership distributed among Punjab National Bank (51%), Bhutanese promoters (19%), and the general public (30%).
With the historic enactment of the Royal Monetary Authority Act of Bhutan 2010, and the appointment of Bhutan's first Central Bank Governor, Dasho Daw Tenzin by the 5th Druk Gyalpo on August 18, 2010, the status of the RMA has been elevated to that of an autonomous Central Bank with greater powers in terms of its mode of functioning and ...
There are five commercial banks in the country and the two largest banks are the Bank of Bhutan and the Bhutan National Bank which are based in Thimphu. Other commercial banks are Bhutan Development Bank, T-Bank and Druk Punjab National Bank. The country's financial sector is also supported by other non-banking Financial Institutions.