List of banks in Nepal

The Nepal Rastra Bank has licensed 107 BFIs^[1] as of mid-Jan 2025 and 4 of them are declared problematic a& transactions are suspended. This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank and their branches/ extension counters.^{[clarification needed][2]}

Class A: Commercial banks

Commercial banks are classified as Class "A" banks by the Nepal Rastra Bank. There are 20 commercial banks as of Mid Jan 2025.^[3]

Bank Name	Headquarters	Paid-up capital	Total Assets	Branches & Extension Counters [clarification needed]	Website
Agriculture Development Bank	Ramshahpath, Kathmandu	रु 19.29 Arab	रु 374.31 Arab	308
Citizens Bank International	Narayanhitipath, Kathmandu	रु 14.77 Arab	रु 248.87 Arab	210
Everest Bank	Lazimpat, Kathmandu	रु 12.94 Arab	रु 328.03 Arab	144
Global IME Bank Limited	Kamaladi, Kathmandu	रु 38.12 Arab	रु 674.84 Arab	440
Himalayan Bank	Kamaladi, Kathmandu	रु 21.66 Arab	रु 390.2 Arab	212
Kumari Bank	Naxal, Kathmandu	रु 26.23 Arab	रु 352.56 Arab	360
Laxmi Sunrise Bank	Hattisar, Kathmandu	रु 24.35 Arab	रु 427.7 Arab	299
Machhapuchhre Bank	Lazimpat, Kathmandu	रु 11.62 Arab	रु 214.53 Arab	184
Nabil Bank	Teendhara, Kathmandu	रु 27.06 Arab	रु 651.15 Arab	296
Nepal Bank	Dharmapath, Kathmandu	रु 14.69 Arab	रु 390.99 Arab	300
Nepal Investment Mega Bank	Durbar Marg, Kathmandu	रु 34.13 Arab	रु 606.21 Arab	355
Nepal SBI Bank	Kamaladi, Kathmandu	रु 10.90 Arab	रु 231.98 Arab	131
NIC Asia Bank	Kamaladi, Kathmandu	रु 14.92 Arab	रु 380.14 Arab	484
NMB Bank Nepal	Babar Mahal, Kathmandu	रु 18.37 Arab	रु 358.04 Arab	218
Prabhu Bank	Anamnagar, Kathmandu	रु 23.54 Arab	रु 400.24 Arab	396
Prime Commercial Bank	Kamal Pokhari, Kathmandu	रु 19.40 Arab	रु 321.95 Arab	201
Rastriya Banijya Bank	Singha Durbar, Kathmandu	रु 15.64 Arab	रु 552.75 Arab	377
Sanima Bank	Narayanchaur, Kathmandu	रु 13.58 Arab	रु 260.29 Arab	141
Siddhartha Bank	Naxal, Kathmandu	रु 14.09 Arab	रु 335.55 Arab	205
Standard Chartered Bank	Naya Baneshwor, Kathmandu	रु 10.04 Arab	रु 156.12 Arab	17

Merger And Acquisition of commercial banks

Bank	Merged Year	Fate
Bank of Asia and NIC Bank Limited	2013	Merge between NIC Bank and Bank of Asia and renamed as NIC Asia Bank Limited[4]
Century Commercial Bank and Prabhu Bank Limited	2023	Acquired by Prabhu Bank Limited[5]
Commerz & Trust Bank and Global Bank Limited	2014	Merge between Global Bank Limited & Commerze & Trust Bank and started business as Global Bank Limited(Now Global IME Bank Limited)[6]
Grand Bank Nepal and Prabhu Bank Limited	2016	Acquired by Prabhu Bank Limited[7]
Janata Bank and Global IME Bank Limited	2019	Merge between Global IME Bank Limited & Janata Bank and started business as Global IME Bank Limited[8]
KIST Bank Limited and Prabhu Bank Limited	2014	Merge between Kist Bank Limited and Prabhu Bank Limited and started business as Prabhu Bank Limited[9]
Lumbini Bank Limited and Bank of Kathmandu	2016	Merge between Bank of Kathmandu and Lumbini Bank (Now Global IME Bank Limited)[10]
Mega Bank Nepal Limited and Nepal Investment Bank Limited	2023	Merge between Nepal Investment Bank & Mega Bank Nepal and renamed as Nepal Investment Mega Bank[11]
Nepal Bangladesh Bank and Nabil Bank Limited	2022	Acquired by Nabil Bank Limited[12]
Nepal Credit & Commerce Bank and Kumari Bank Limited	2023	Acquired by Kumari Bank Limited[13]
Civil Bank and Himalayan Bank Limited	2023	Acquired by Himalayan Bank Limited[14]
Sunrise Bank Limited and Laxmi Bank Limited	2023	Laxmi Bank & Sunrise Bank Limited and renamed as Laxmi Sunrise Bank[15]

Class B: Development banks

Nepal Rastra Bank has licensed 16 development banks and has classified these on national and province level as per working area. There are 8 national level and 8 province/district level development banks operational as of Dec 2024.

Bank Name	Headquarters/ Corporate Office	Working Area	Paid-up capital	Branches & Extension Counters	Website
Garima Bikas Bank	Lazimpat, Kathmandu	National	रु 5.68 Arab	137
Jyoti Bikas Bank	Kamaladi, Kathmandu		रु 4.40 Arab	123
Kamana Sewa Bikas Bank	Gyaneshwor, Kathmandu		रु 3.51 Arab	131
Lumbini Bikas Bank	Dillibazaar, Kathmandu		रु 3.62 Arab	91
Mahalaxmi Development Bank	Durbar Marg, Kathmandu		रु 4.30 Arab	104
Muktinath Bikash Bank	Kamaladi, Kathmandu		रु 7.05 Arab	191
Sangrila Development Bank	Baluwatar, Kathmandu		रु 3.56 Arab	109
Shine Resunga Development Bank	Kalikanagar, Butwal		रु 4.88 Arab	90
Corporate Development Bank	Adarsanagar, Birgunj	Parsa District	रु 0.53 Arab	4
Excel Development Bank	Mukti Chowk, Birtamode	Koshi Pradesh	रु 1.25 Arab	48
Green Development Bank	Sabhagriha Chowk, Pokhara	Gandaki Province	रु 0.53 Arab	16
Miteri Development Bank	Mahendra Path, Dharan	Koshi Pradesh	रु 1.22 Arab	18
Narayani Development Bank	Ratnanagar, Chitwan	Chitwan District	रु 0.26 Arab	5
Salapa Bikash Bank	Diktel Bazar, Khotang	Khotang District	रु 0.35 Arab	6
Saptakoshi Development Bank	Main Road, Biratnagar	Koshi Pradesh	रु 0.83 Arab	36
Sindhu Bikas Bank	Banepa, Kavrepalanchowk	Bagmati Pradesh	रु 0.56 Arab	27

Problematic Development Bank

Following development companies are declared problematic by Nepal Ratra bank and is under resolution process.

• Karnali Development Bank.^[16][17][18]

Defunct Development Banks (National)

Bank	Closed	Fate
Om Development Bank	2019	Merged with NMB Bank [19]
Kailash Bikash Bank	2020	Merged with Prime Commercial Bank [20]
Deva Development Bank	2020	Acquired by Kumari Bank [21]
Gandaki Bikash Bank	2020	Merged with Mega Bank Nepal [22]
Tourism Development Bank	2018	Merged with Mega Bank Nepal [22]
NIDC Development Bank	2018	Acquired by Rastriya Baninjya Bank [23]
Reliable Development Bank	2017	Acquired by Global IME Bank [24]
Siddhartha Development Bank	2017	Acquired by Janata Bank Nepal Limited[25]
Ace Development Bank	2017	Acquired by Nepal Investment Bank Limited[26]
Supreme Development Bank	2017	Merged with NCC Bank Nepal [27]

Class C: Finance Companies

Nepal Rastra Bank has licensed 17 finance companies as of mid Jan 2025. Among them 2 finance companies are problematic and 15 are operational.^[3]

Company Name	Headquarters/ Corporate Office	Working Area	Paid-up capital	Branches	Website
Best Finance	Chabahil, Kathmandu	National	रु 0.89 Arab	19
Central Finance	Kupondole, Lalitpur	National	रु 0.95 Arab	20
Gurkhas Finance	Dillibazar, Kathmandu	National	रु 0.87 Arab	27
Goodwill Finance	Hattisar, Kathmandu	National	रु 0.95 Arab	19
Guheshwori Merchant Banking & Finance	Pulchowk, Lalitpur	National	रु 1.01 Arab	27
ICFC Finance	Bhatbhateni, Kathmandu	National	रु 1.18 Arab	21
Janaki Finance	Station Road, Janakpur	Madhesh Province	रु 0.69 Arab	5
Manjushree Finance	Nayabaneshwor, Kathmandu	National	रु 1.35 Arab	28
Multipurpose Finance	Bidhyapati Chowk, Janakpur	Madhesh Province	रु 0.61 Arab	8
Nepal Finance	Kamaladi, Kathmandu	National	रु 0.84 Arab	13
Pokhara Finance	New Road, Pokhara	National	रु 1.08 Arab	26
Progressive Finance	New Road, Kathmandu	National	रु 0.85 Arab	28
Reliance Finance	Pradarsani Marg, Kathmandu	National	रु 1.12 Arab	22
Samriddhi Finance	Putalisadak, Kathmandu	National	रु 0.82 Arab	13
Shree Investment & Finance	Dillibazar, Kathmandu	National	रु 1.00 Arab	13

Problematic Finance Companies

Following finance companies are declared problematic by Nepal Ratra bank and is under resolution process.

• Nepal Share Markets & Finance company
• Capital Merchant Banking & Finance Company

Class D: Micro Finance Financial Institutions

Micro finance financial institutions are classified as Class "D" banks by the Nepal Rastra Bank. There are 52 microfinance companies as of Dec 2024, and 51 are operational & a microfinance is suspended. Following are the details.^[3]

Company Name	Headquarter/ Corporate Office	Working Area	Paid-up capital	Branches
Aatmanirbhar Laghubitta	Ghorahi, Dang	Lumbini Province	रु 7.83 Crore	22
Aviyan Laghubitta	Panauti, Kavrepalanchowk	National	रु 25 Crore	61
Aarambha Chautari Laghubitta	Banepa, Kavrepalanchowk	National	रु 36.71 Crore	137
Asha Laghubitta	Madanpur, Nuwakot	National	रु 73.30 Crore	133
Chhimek Laghubitta	Mid-Baneshwor, Kathmandu	National	रु 321.53 Crore	205
CYC Nepal Laghubitta	Pokhara, Kaski	National	रु 26.64 Crore	125
Deprosc Laghubitta	Bharatpur, Chitwan	National	रु 183.83 Crore	158
Dhaulagiri Laghubitta	Baglung bazar, Baglung	National	रु 13.31 Crore	59
First Microfinance Laghubitta	Gyaneswar, Kathmandu	Wholesale Banking	रु 134.49 Crore	3
Forward Laghubitta	Duhabi, Sunsari	National	रु 119.6 Crore	161
Ganapati Laghubitta	Suklagandaki, Tanahu	National	रु 15.16 Crore	44
Global IME Laghubitta	Pokhara, Kaski	National	रु 61.89 Crore	125
Grameen Bikas Laghubitta	Butwal, Rupandehi	National	रु 98.25 Crore	195
Gurans Laghubitta	Dhankutabazar, Dhankuta	Koshi Province	रु 11.58 Crore	37
Himalayan Laghubitta	Chabahil, Kathmandu	National	रु 31.98 Crore	76
Infinity Laghubitta	Gaidakot, Nawalparasi	National	रु 49.74 Crore	98
Jeevan Bikas Laghubitta	Katahari Morang	National	रु 153.62 Crore	165
Janautthan Samudayik Laghubitta	Butwal, Rupandehi	National	रु 17.01 Crore	40
Kalika Laghubitta	Pokhara, Kaski	National	रु 40.77 Crore	106
Laxmi Laghubitta	Maharajgung, Kathmandu	National	रु 44.17 Crore	96
Mahila Laghubitta	Banepa, Kavrepalanchowk	National	रु 21.76 Crore	85
Mahuli Laghubitta	Bakdhuwa, Saptari	National	रु 36.99 Crore	66
Manushi Laghubitta	Banepa, Kavrepalanchowk	National	रु 10.94 Crore	37
Matribhumi Laghubitta [28]	Budanilkantha, Kathmandu	National	रु 62.84 Crore	237
Mero Microfinance Laghubitta	Battar, Nuwakot	National	रु 141.9 Crore	151
Mithila Laghubitta	Dhalkebar, Dhanusha	Madhesh Province	रु 19.60 Crore	45
NADEP Laghubitta	Gajuri, Dhading	National	रु 48.58 Crore	98
National Laghubitta	Nilkantha, Dhading	National	रु 133.16 Crore	187
Nerude Mirmire Laghubitta	Banepa, Kavrepalanchowk	National	रु 139.78 Crore	233
NESDO Samridda Laghubitta	Kushma, Parbat	National	रु 29.13 Crore	57
NIC Asia Laghubitta	Banepa, Kavrepalanchowk	National	रु 173.94 Crore	296
Nirdhan Uthhan Laghubitta	Naxal, Kathmandu	National	रु 261.21 Crore	196
NMB Laghubitta	Pokhara, Kaski	National	रु 72.14 Crore	156
RSDC Laghubitta	Rupandehi, Butwal	Wholesale Banking	रु 103.41 Crore	4
Sampada Laghubitta[29]	Gorkha, Gorkha	National	रु 70.09 Crore	157
Samaj Laghubitta	Malangawa, Sarlahi	Madhesh Province	रु 2.29 Crore	6
Samata Garelu Laghubitta [30]	Banepa, Kavrepalanchowk	National	रु 62.91 Crore	92
Samudayik Laghubitta	Banepa, Kavrepalanchowk	National	रु 17.08 Crore	47
Sana Kisan Bikas Laghubitta	Babarmahal, Kathmandu	Wholesale Banking	रु 431.26 Crore	13
Shrinjansil Laghubitta	Golbazar, Siraha	National	रु 10.94 crore	34
Support Laghubitta	Itahari, Sunsari	Koshi Province	रु 12.24 Crore	26
Suryodaya Womi Laghubitta	Banepa, Kavrepalanchowk	National	रु 79.19 Crore	173
Swabalamban Laghubitta	Kamalpokhari, Kathmandu	National	रु 165.66 Crore	155
Swabhiman Laghubitta	Tillottama, Rupandehi	Lumbini Province	रु 14.61 Crore	37
Swastik Laghubitta	Lahan, Siraha	Madhesh Province	रु 3.47 Crore	13
Sworojgar Laghubitta	Banepa, Kavrepalanchowk	National	रु 69.07 Crore	91
Unique Nepal Laghubitta	Kohalpur, Banke	National	रु 14.86 Crore	42
Unnati Sahakarya Laghubitta	Siddharthanagar, Rupandehi	National	रु 24.69 Crore	84
Upakar Laghubitta	Kohalpur, Banke	Lumbini Province	रु 10.61 Crore	37
Vijaya Laghubitta	Gaidakot, Nawalparasi	National	रु 74.50 Crore	136
Wean Nepal Laghubitta	Banepa, Kavrepalanchowk	Bagmati Province	रु 7.92 Crore	23

Problematic Retail Microfinance

Following finance companies are declared problematic by Nepal Ratra bank and is under resolution process.

• Super Laghubitta Bittiya Sanstha.

Infrastructure Development Bank

Infrastructure Development Bank is non-classified Financial Institution licensed by Nepal Rastra Bank. There is one BFI as of January 2024.^[3]

• Nepal Infrastructure Bank Limited