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Banking in Bhutan, a small country in East Asia, is an industry that has grown slowly as the country has pursued modernization.The country has a vibrant informal culture of finance which only weakly integrates formal financial services.
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;
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]
The Bank of Bhutan which handled all commercial banking business in Bhutan also extended credit to the Government; financed other Government organizations against Government guarantees, and was the conduit through which Ngultrum notes and coins were issued to the public.
Bhutan National Bank is a commercial bank founded in 1997 and located in Thimphu, capital of the Kingdom of Bhutan. [1]Bhutan National Bank Limited started operations as Unit Trust of Bhutan (UTB) on 25 July 1980, with an initial funding of Nu. 2.5 million by Royal Insurance Corporation of Bhutan .
Bhutan is a landlocked country and the second largest Himalayan state in Asia. Located in the Eastern Himalayas , it is bordered by China in the north and India in the south. Bhutan is separated from Nepal by the Indian state of Sikkim and from Bangladesh by the Indian states of West Bengal and Assam .
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 ...
Banking in Bhutan#History; This page is a redirect. The following categories are used to track and monitor this redirect: To a section: ...