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Merged with NMB Bank [16] Kailash Bikash Bank 2020 Merged with Prime Commercial Bank [17] Deva Development Bank 2020 Acquired by Kumari Bank [18] Gandaki Bikash Bank 2020 Merged with Mega Bank Nepal [19] Tourism Development Bank 2018 Merged with Mega Bank Nepal [19] NIDC Development Bank 2018 Acquired by Rastriya Baninjya Bank [20]
The bank is primarily recognized for its stringent credit policies, conservative approach to banking and pioneers in technological innovations in banking services. Laxmi Bank’s microfinance subsidiary – Laxmi Laghubitta Bittiya Sanstha Ltd, a category D financial institution licensed by Nepal Rastra Bank is in operation since 2012.
NMB Bank Nepal is a commercial bank in Nepal with headquarters in Kathmandu. The bank is licensed by central bank of Nepal, the Nepal Rastra Bank, and has 202 branches across the nation providing retail and commercial banking services. The bank's shares are publicly traded on the Nepal Stock Exchange. [4]
In 2007, Nepal Bank Limited appointed Mr Rohit Ghambole as chief banker. From the very conception and its creation, NBL was as joint venture between the government and the private sector. Out of 2500 equity shares of NPR 100 face value, 60% was subscribed by the government and the balanced 40% was offered for the sale to private sector.
Nabil Bank, (Nepali: नबिल बैंक लिमिटेड; NEPSE: 131 formerly known as Nepal Arab Bank Limited, is the first private commercial bank in Nepal, established in 1984. It provides a wide range of commercial banking services, including branch banking, treasury, trade, cards, remittance, and investment banking through its ...
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.
The company has currently the following wholly owned subsidiaries: NIC Asia Capital Limited [3] and NIC Asia Laghubittiya Sanstha limited. The bank, with its 360 branches, [4] 671 ATMs, 118 extension counters and 51 branchless banking service is the largest bank in terms of footprint expansion, customer base including balance sheet size ...
In line with the BAFIA, ADBL has been incorporated as a public limited company on July 14, 2005. [5] 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 ...