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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.
The Nepal Rastra Bank has licensed 107 BFIs [clarification needed] as of mid-Jan 2025 and 4 of them are declared problematic a& transactions are suspended. This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank and their branches/ extension counters.
Thus, ADBL operates as an "A" category financial Institution under the legal framework of BAFIA and the Company Act. The bank has a 51% share of the Government of Nepal and 49% of the general public. Most of its shareholders are customers and employees. [citation needed] Its headquarters is in Ramshah Path, Kathmandu.
Nepal Rastra Bank head office 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.
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.
City Express Money Transfer is a Nepal-based remittance service founded in July 2007. [1] [2] [3] ... It has been licensed by the Central Bank of Nepal, ...
NIDC Development Bank Ltd. (NIDC) was established in July 1959 as the Nepal Industrial Development Corporation. It serves as an industrial finance organization . NIDC has worked to expand Nepalese industries and services, including hotels , industrial districts , and the Nepal Stock Exchange .