Having a bank account and financial services is a requirement in modern life for many people, regardless of where they live on the planet. Similarly, there are numerous banks in Nepal, and most of them are well-known for the excellent services they provide to their consumers.In Nepal, there are numerous banks to select from, each with its own distinctive attributes. This list of the top 10 popular banks in Nepal will discuss the benefits of each bank, allowing you to select the one that’s ideal for you. Once you’ve chosen a bank, take advantage of the greatest methods to save money with your new account.Aside from these four types of banks, there is a Central Bank called Nepal Rastra Bank (RBB) that supervises and regulates the boards of directors of all commercial, non-commercial, financial institutes, and other micro-financial organizations. In other words, the central Nepal Rastra Bank regulates and governs all of Nepal’s banks. So, let’s know about Top 10 Popular Banks in Nepal.
In Nepal, there are 27 Class A (Commercial Bank), 20 Class B (Development Bank), 23 Class C (Finance Companies), and 92 Class D (Micro Credit Development Bank) banks. All of these banks have contributed significantly to the country’s financial development.This ranking of the top ten banks in Nepal is based on the PAID-UP CAPITALS, not the amenities or the number of branches spread around the country.
Interesting fact of the Top 10 Popular Banks in Nepal
01. The top 5 banks with the highest paid up capital as of Q1 2072 are Rastriya Banijya Bank, Nepal Bank Ltd., Nepal Investment Bank Ltd., Global IME Bank Ltd. and Nabil Bank Ltd. The greatest change in paid up capital has been of Nepal Credit and Commerce Bank Ltd.
02. Global IME Bank Limited has become Nepal’s largest bank with the highest paid-up capital. With the successful completion of a merger, Global IME Bank and Bank of Kathmandu (BoK) began unified business on Monday as Global IME Bank.
03. Today, the Bank is an integral part of Standard Chartered Group having an ownership of 70.21% in the company with 29.79% shares owned by the Nepalese public. The Bank enjoys the status of the only international bank currently operating in Nepal.
04. ICRA Nepal has reaffirmed the issuer rating of AAA to Standard Chartered Bank Nepal Limited (SCBNL) for the fourth consecutive year. The rating is considered to have the highest degree of safety regarding the timely servicing of financial obligations.
05. NRB, Nepal’s central bank, licenses the principal sector institutions including commercial banks, de- velopment banks, finance companies, and micro credit development banks and other institutions.
06. Three large state-owned banks still dominate the commercial banking sector: Rastriya Banijya Bank (National Commercial Bank), which is 100 percent government-owned, Nepal Bank Ltd., which is 40.5 percent government-owned, and the Agricultural Development Bank, also largely government-owned.
07. By any measure, Standard Chartered Bank is one of the best commercial lenders in Nepal and the clear leader among the foreign banks.
08. Nepal Investment Mega Bank Limited (NIMB) has been honored with the “Best Bank in Nepal” at the Euromoney Awards for Excellence 2023. Euromoney is a Britain-based esteemed international financial publication.
09. Nabil Bank Limited (Nepali: नबिल बैंक लिमिटेड; NEPSE: 131 previously known as Nepal Arab Bank Limited) is the first private commercial bank in Nepal.
10. Among the 20 ‘A’ class banks, Rastriya Banijya Bank (RBB) has the lowest base rate of 7.79 percent.
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List of Top 10 Popular Banks in Nepal
| Ranks | Commercial Banks In Nepal | Paid-Up Capitals(NRs) |
| 1 | Global IME Bank Ltd. | 1920.84 Crores |
| 2 | Agriculture Development Bank Ltd. | 1498.91 Crores |
| 3 | Nepal Investment Bank Ltd. | 1064.56 Crores |
| 4 | Kumari Bank Ltd. | 955.41 Crores |
| 5 | Nepal Credit And Commercial Bank Ltd. | 935.39 Crores |
| 6 | Mega Bank Nepal | 928 Crores |
| 7 | Bank Of Kathmandu Ltd. | 924.54 Crores |
| 8 | Rashtriya Baninjya Bank | 900.48 Crores |
| 9 | Siddhartha Bank Ltd. | 846 Crores |
| 10 | Laxmi Bank Ltd. | 822.17 Crores |
Global IME Bank Ltd. has rightfully earned the distinction of being Nepal’s premier banking institution. With an impressive annual Paid-Up Capital of approximately 1920.84 crores, this bank stands as a testament to its financial prowess and unwavering commitment to excellence. The inception of Global IME Bank Ltd. can be attributed to a successful merger that brought together the formidable entities of Global Bank (a Class A bank), IME Financial Institution (a Class C financial firm), and Lord Buddha Finance Ltd (a Class C financial company). In a transformative move in 2012, these financial institutions joined forces with Global Bank to create the formidable Global IME Bank Ltd., subsequently attracting the amalgamation of other Class B and Class C banks.
Headquartered in the bustling Kamaladi district of Kathmandu, Global IME Bank Ltd. extends its influence across the nation, with branches strategically located in both urban centers and smaller towns, facilitating the widespread accessibility of its banking services.
Agriculture Development Bank Ltd., a venerable financial institution with a rich legacy, stands as one of Nepal’s oldest and most esteemed banks. The bank’s impressive Paid-Up Capital, which presently stands at 1498.91 Crores, underscores its significance within the nation’s banking landscape. As a government-owned entity, Agriculture Development Bank is dedicated to serving the needs of Nepal’s agriculture sector, offering an array of essential financial services encompassing loans, deposits, and investments. Since its inception on January 21, 1968, the bank has played a pivotal role in fostering agricultural development throughout the country.
With its headquarters situated in the vibrant Ramshahapath area of Kathmandu, Agriculture Development Bank continues to be a steadfast partner in the growth and prosperity of Nepal’s agriculture industry, ensuring that it remains a cornerstone of the nation’s economy.
Nepal Investment Bank Ltd, commonly referred to as NIBL, emerged as a prominent player in Nepal’s commercial banking sector following its establishment on February 27, 1986. Initially named Nepal Indoseuz Bank due to its joint venture status involving Nepal and the French corporation Credit Agricole Indoseuz, it has since evolved into a stalwart of the industry.
Boasting a substantial Paid-Up Capital, which presently exceeds 1064.56 crores, NIBL ranks among Nepal’s premier commercial banks. The bank’s headquarters are situated on the bustling Durbar Marg in Kathmandu, serving as the central hub for its comprehensive banking and financial services. Over the years, NIBL has garnered a reputation for its commitment to excellence and dedication to meeting the diverse needs of its clientele.
Kumari Bank Ltd. stands as one of Nepal’s major commercial banks, catering to the banking and financial needs of more than 400,000 customers. The bank boasts an extensive branch network, with approximately 100 branches strategically spread across the nation, including 25 within the Kathmandu Valley and 75 outside it.
With a robust Paid-Up Capital totaling around 955.41 crores, Kumari Bank Ltd. ranks among Nepal’s premier commercial banks, renowned for its commitment to delivering top-notch financial services. Established on April 3, 2001, the bank has solidified its presence in the industry and the nation, with its headquarters situated in Tangal, Kathmandu, serving as the central hub for its operations and services.
যে ১০টি ওয়েবসাইটে ছবি বিক্রি করে টাকা আয় করা যায়।
Nepal Credit And Commerce Bank Ltd, commonly known as NCC Bank, stands as one of Nepal’s largest and most prominent private-sector commercial banks. Its establishment on October 14, 1996, marked a significant milestone in Nepal’s banking sector, as it was the first private sector bank to be founded, bringing with it a total permitted capital of NRs. 1000 million.
With a Paid-Up Capital exceeding 935.39 crores, NCC Bank ranks among the foremost financial institutions in Nepal. The bank has played a pivotal role in delivering banking and financial services to both urban and rural areas across the nation, maintaining a wide-reaching presence through its extensive network of 120 branches and 85 ATMs. NCC Bank’s headquarters are strategically located in Bagbazar, Kathmandu, a central hub for its operations and services, solidifying its position as a key player in Nepal’s banking landscape.
Mega Bank Nepal has remarkably established itself as one of Nepal’s leading financial institutions, achieving this status within a mere decade of its inception. Notably, the bank was honored with the prestigious title of “Bank of the Year” in 2019, a testament to its exceptional performance and contribution to the financial sector. With a Paid-Up Capital exceeding 928 crores, Mega Bank Nepal ranks among the major premium commercial banks in the country. It boasts a robust network comprising 206 branches, 29 extension counters, and a substantial presence of 142 ATMs strategically located across Nepal.
Founded on July 20, 2010, with its headquarters situated in Kamaladi, Kathmandu, Mega Bank Nepal has consistently demonstrated a commitment to excellence, solidifying its position as a formidable player in Nepal’s banking landscape.
The Bank of Kathmandu stands as one of Nepal’s most prominent commercial banks, boasting a substantial annual Paid-Up Capital of approximately 924.54 crores. The institution is dedicated to providing an array of financial services to its valued customers, marked by competitive interest rates on its diverse range of products and services. This commitment translates into the generation of favorable returns for its shareholders. The bank’s unwavering dedication extends further to its workforce, where it offers attractive incentives to its staff. Moreover, the Bank of Kathmandu actively engages in fostering community development through impactful corporate social responsibility initiatives.
The Bank of Kathmandu is headquartered in Kamaladi, Kathmandu, strategically positioned to serve the financial needs of both individuals and businesses across Nepal. With a strong financial foundation and a focus on customer satisfaction, it continues to play a pivotal role in Nepal’s banking landscape.
The largest commercial bank in Nepal is Rashtriya Banijya Bank, also known as National Commercial Bank and RBB. The Government of Nepal owns and operates RBB entirely. Because it is government-owned, RBB provides the most services to customers, including banks, insurance firms, industrial companies, airlines, hotels, and many other sectors. Rashtriya Banijya Bank’s annual Paid-Up Capital exceeds 900.48 crores. It has the most expensive banking network in Nepal, with 238 branches, 93 branchless banking, and 204 ATMs spread around the country. Rashtriya Banijya Bank has been in operation for more than 50 years, making it one of Nepal’s oldest banks. It was founded on January 23, 1966 A.D., and its offices are located in the Singh Durbar Plaza in Kathmandu.
Siddharth Bank stands out as one of Nepal’s premier private commercial banks, recognized for its rapid growth and extensive reach. Renowned celebrities within Nepal have lent their endorsements to this esteemed financial institution, further solidifying its reputation. The bank provides a comprehensive suite of banking and remittance services, with a notable distinction in offering cutting-edge mobile banking solutions. Siddharth Bank Limited boasts a substantial paid-up capital of approximately 846 crores, underscoring its financial strength.
Established in 2002, the bank’s headquarters are situated in Hattisar, Kathmandu, and it operates through an extensive network of 180 branches strategically located across the nation. Siddharth Bank’s commitment to delivering innovative and accessible financial services has positioned it as a leader in Nepal’s banking sector, catering to the diverse needs of its valued customers.
Laxmi Bank Ltd. was established in April 2002 as Nepal’s 16th commercial bank. Laxmi Bank merged with HISEF Finance Limited, a first-generation financial institution, in 2004, marking the first merger in Nepali corporate history. In addition, in January 2017, the bank acquired Professional Diyalo Bikas Bank, a class “B” development bank. The Bank now serves a diverse customer base through its branches and a variety of IT-enabled platforms. Despite its young age, Laxmi Bank has emerged as a key participant in many business sectors, including retail, midmarket, corporate, infrastructure, and treasury. The bank is largely regarded as one of the best-managed in Nepal, with high corporate governance culture, risk-management procedures, and cutting-edge technology.
Laxmi Bank’s Paid-Up Capital is around 822.17 crores. It was founded in 2002 and has its headquarters in Hattisar, Kathmandu. These are the top ten most popular banks in Nepal. As previously said, this list is compiled using the Paid-Up Capitals of Nepalese banks. As a result, the rankings of these banks may change over time. However, we will continue to update this ranking based on changes in the paid-up capitals of these best banks in Nepal 2022.
