Commercial banks of Nepal explained

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.

Nepal Rastra Bank (NRB) is the central bank of Nepal and is responsible for the regulation and supervision of the commercial banks of nepal.As per prescribed by NRB commercial bank should have minimum capital of 8 billion.

List of Commercial Banks (Class A)

1. Kumari Bank (After the merger with Nepal Credit and Commerce Bank)
2. Rastriya Banijya Bank
3. Agriculture Development Bank
4. Nabil Bank (After the acquisition of Nepal Bangladesh Bank)
5. Nepal Investment Mega Bank (After the merger with Mega Bank Nepal Limited)
6. Standard Chartered Bank Nepal
7. Himalayan Bank (After the merger with Civil Bank Limited)
8. Nepal SBI Bank
9. Everest Bank
10. Prabhu Bank (After the acquisition of Century Bank Limited)
11. Laxmi Sunrise Bank (After the merger with Sunrise Bank)
12. Global IME Limited (After the merger with Bank of Kathmandu)
13. Citizens Bank International
14. Prime Commercial Bank
15. NMB Bank Nepal
16. NIC Asia Bank
17. Siddhartha Bank
18. Sanima Bank
19. Machhapuchchhre Bank
20. Nepal Bank Limited

External links

• Nepal Rastra Bank
• List of Banks and Financial Institutions in Nepal