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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.
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.
Constituted under RBB Act 2021 with the full ownership of the government of Nepal, the bank has been running under Bank and Financial Institute Act (BAFIA) and Company Act (CA) 2063. The bank, licensed by NRB [ 3 ] as an 'A' class commercial bank of the country, is a component of the Nepalese economy .
Commercial banks are 'A' Class Financial Institutions in Nepal. Nepal Bank Limited is the first & oldest Commercial bank in Nepal established in 1937 AD with government and private investment.Commercial Bank mainly provide facilities to their customer like Deposits, Loans, Mobile Banking, Remittance.
Merged with Global IME Bank [5] 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 ...
Civil Bank Limited (CiBL) [2] [3] (Nepali: सिभिल बैंक लिमिटेड; NEPSE: CBL) is a commercial bank in Nepal.Founded in 2010, 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.
Kumari Bank Limited came into existence as the fifteenth commercial bank of Nepal, starting banking operations from Chaitra 21, 2057 B.S (April 3, 2001) with an objective of providing competitive modern banking services in the Nepalese financial market. The bank has a paid-up capital of NPR 26.23 billion.
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.