In Nepal, the banking sector is integral to the country’s economy, with both Class A and Class B commercial banks offering a wide range of financial services. From top banks in Nepal to development banks in Nepal, these institutions cater to various financial needs across the nation. There are many commercial banks in Nepal, providing essential services, and the total number of banks in Nepal continues to grow each year.
Whether you’re looking for the best banks in Nepal, exploring interest rates of banks in Nepal, or interested in the financial performance of Nepal’s banks, this list includes key players in the industry.
Learn more about the types of banks and their role in shaping Nepal’s financial landscape.
Class A Commercial Banks in Nepal
| S.No. | Name | Operation Date (A.D.) | Head Office | Paid up Capital (in Million) | Working Area |
|---|---|---|---|---|---|
| 1 | Nepal Bank Ltd. | 1937/11/15 | Dharmapath, Kathmandu | 1,469.40 | National Level |
| 2 | Agriculture Development Bank Ltd. | 1968/01/21 | Ramshahpath, Kathmandu | 1,888.44 | National Level |
| 3 | Nabil Bank Ltd. | 2022-07-11* | Beena Marg, Kathmandu | 2,705.70 | National Level |
| 4 | Nepal Investment Mega Bank Ltd. | 2023-01-11* | Durbarmarg, Kathmandu | 3,412.86 | National Level |
| 5 | Standard Chartered Bank Nepal Ltd. | 1987/01/30 | Nayabaneshwor, Kathmandu | 942.95 | National Level |
| 6 | Himalayan Bank Ltd. | 2023-02-24* | Kamaladi, Kathmandu | 2,165.66 | National Level |
| 7 | Nepal SBI Bank Ltd. | 1993/07/07 | Kesharmahal, Kathmandu | 1,050.02 | National Level |
| 8 | Everest Bank Ltd. | 1994/10/18 | Lazimpat, Kathmandu | 1,176.79 | National Level |
| 9 | Kumari Bank Ltd. | 2023-01-01* | Tangal, Kathmandu | 2,622.59 | National Level |
| 10 | Laxmi Sunrise Bank Ltd. | 2002/04/03 | Hattisar, Kathmandu | 2,318.72 | National Level |
| 11 | Citizens Bank International Ltd. | 2007/04/20 | Narayanhitipath, Kathmandu | 1,420.10 | National Level |
| 12 | Prime Commercial Bank Ltd. | 2007/09/24 | Kamalpokhari, Kathmandu | 1,940.26 | National Level |
| 13 | Sanima Bank Ltd. | 2012/02/15 | Alkapuri, Naxal, Kathmandu | 1,358.15 | National Level |
| 14 | Machhapuchhre Bank Ltd. | 2012-07-09* | Lazimpat, Kathmandu | 1,162.14 | National Level |
| 15 | NIC Asia Bank Ltd. | 2013-06-30* | Thapathali, Kathmandu | 1,491.76 | National Level |
| 16 | Global IME Bank Ltd. | 2023-01-09* | Kamaladi, Kathmandu | 3,612.88 | National Level |
| 17 | NMB Bank Ltd. | 2019-09-28* | Babarmahal, Kathmandu | 1,836.67 | National Level |
| 18 | Prabhu Bank Ltd. | 2023-01-10* | Babarmahal, Kathmandu | 2,354.25 | National Level |
| 19 | Siddhartha Bank Ltd. | 2016-06-21* | Hattisar, Kathmandu | 1,409.00 | National Level |
| 20 | Rastriya Banijya Bank Ltd. | 2018-05-02* | Singhadurbarplaza, Kathmandu | 1,563.74 | National Level |
*Joint operation date after Merger / Acquisition
Paid-up capital based on the financial statement of Mid July, 2024
Class B Development Banks in Nepal
| S.No. | Name | Operation Date (A.D.) | Head Office | Paid up Capital (in Million) | Working Area |
|---|---|---|---|---|---|
| 1 | Narayani Development Bank Ltd. | 2001-10-17 | Ratna Nagar, Chitawan | 26.25 | 1-3 District Level (Nawalparasi, Chitwan, Makawanpur) |
| 2 | Karnali Development Bank Ltd. | 2004-02-18 | Nepalgunj, Banke | 50.28 | 1-5 District Level (Banke, Bardiya, Dang, Pyuthan, Rolpa) |
| 3 | Excel Development Bank Ltd. | 2005-07-21 | Birtamod, Jhapa | 124.97 | 1-5 District Level (Ilam, Jhapa, Morang, Sunsari, Panchthar) |
| 4 | Miteri Development Bank Ltd. | 2006-10-13 | Dharan, Sunsari | 111.14 | 1-5 District Level (Jhapa, Morang, Sunsari, Dhankuta, Udaypur) |
| 5 | Muktinath Bikas Bank Ltd. | 2007-01-03 | Kamaladi, Kathmandu | 704.69 | National Level |
| 6 | Corporate Development Bank Ltd. | 2007-11-07 | Birgunj, Parsa | 52.50 | 1-5 District Level (Parsa, Bara, Rautahat, Sarlahi, Mohattari) |
| 7 | Sindhu Bikas Bank Ltd. | 2010-09-09 | Barhabise, Sindhupalchowk | 55.75 | 1-5 District Level (Sindhupalchowk, Kavre, Dolkha, Makawanpur, Chitwan) |
| 8 | Salapa Bikash Bank Ltd. | 2012-07-16 | Diktel, Khotang | 35.00 | 1 District Level (Khotang) |
| 9 | Green Development Bank Ltd. | 2013-08-25 | Pokhara, Kaski | 51.90 | 1-5 District Level (Baglung, Myagdi, Kaski, Tanahu, Nawalparasi East) |
| 10 | Sangrila Development Bank Ltd. | 2014-07-13* | Baluwatar, Kathmandu | 343.10 | National Level |
| 11 | Shine Resunga Development Bank Ltd. | 2019-10-14* | Butawal, Rupandehi | 473.37 | National Level |
| 12 | Jyoti Bikas Bank Ltd. | 2019-03-29* | Kamaladi, Kathmandu | 439.58 | National Level |
| 13 | Garima Bikas Bank Ltd. | 2021-11-14* | Lazimpat, Kathmandu | 568.05 | National Level |
| 14 | Mahalaxmi Bikas Bank Ltd. | 2017-07-02* | Durbar Marg, Kathmandu | 417.13 | National Level |
| 15 | Lumbini Bikas Bank Ltd. | 2017-07-09* | Dillibazar, Kathmandu | 351.81 | National Level |
| 16 | Kamana Sewa Bikas Bank Ltd. | 2017-08-04* | Gyaneshwor, Kathmandu | 328.12 | National Level |
| 17 | Saptakoshi Development Bank Ltd. | 2019-07-07* | Dhankutabazaar, Dhankuta | 83.43 | 1-7 District Level (Morang, Ilam, Panchthar, Jhapa, Sunsari, Dhankuta, Terhathum) |
*Joint operation date after Merger / Acquisition
Paid-up capital based on the financial statement of Mid July, 2024