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Bank of Asia Nepal

Bank of Asia Nepal Limited is the 22nd commercial bank of Nepal. It is incorporated under the companies Act 2063 as 'A' Class financial institution. It started its full-fledged commercial operations from 12th October 2007 from its registered office at Tripureshwor. BOA has 10 branches as of date.

The head office of the bank is located in Tripureswore in Kathmandu


Other branches are in New Road, Kalanki and Jawalakhel (all Kathmandu Valley) and Biratnagar, Birtamod, Bhaktapur, Banepa, Itahari and Ilam

Website of the Bank of Asia, Nepal:



News about the Bank of Asia Nepal
Bank of Asia Nepal has started mobile banking services through Ncellís network too. Earlier, the service was only available on Nepal Telecomís mobile services. Now subscribers of both mobile service providers can enquire about balance, get account statement, transfer funds and make mobile bill payments through this service

The trading of ordinary shares of Citizen Bank International (CBI) and Bank of Asia (BoA)-Nepal started in the Nepal Stock Exchange (NEPSE) from Thursday. The NEPSE--the sole secondary market in the country--had listed the shares of both commercial banks for trading a few days ago

An agreement has been signed between NIC Bank, Bank of Asia Nepal and Kist Bank to provide banking services to customers from any of their branches. Their customers can deposit, withdraw and transfer money from any branch of these three banks. Customers will get the banking facilities through about 70 branches of those banks across the country.

Bank of Asia Nepal has expanded its network yet again, by opening a new branch in Narayangadh. Satish Kumar Morjyu, one of the promoters of the bank, inaugurated the new wing on Wednesday. This is the bankīs 14th branch in Nepal. The Narayangadh branch offers all modern banking services, including institutional and personal finance services. It also offers deposit schemes like "Sulav Bachat" and "Samriddhi Bachat," which yield annual interests of 6.5 percent and six percent, respectively.

Bank of Asia Nepal (BoAN) inaugurated its branch office at Dharan on Thursday. The bank till mid February registered deposit of Rs 5.23 billion and total credit flow of the bank is Rs 5.19 billion. It is planning to open its branch offices at Samakhusi, Maharajgunj, Bouddha, Baghbajar, Kausaltar, Narayangarh, Pokhara, Butwal and Nepalgunj.

More news & articles about banking & loans
Competition Nepali banking sector (3-11-2008)
Nepal Rastra Bank tightens minimum reserve rules for banks (23-10-2008)
Insurance companies of Nepal to be more transparent (4-9-2008)
Children saving scheme by Nepal Investment Bank (21-8-2008)
Life Insurance Corporation (Nepal) launches money back guarantee plan (15-8-2008)

Pashupati Development Bank goes public (14-7-2008)
Sunrise bank in Gabahal Lalitpur (27-6-2008)
Nic bank in Lahan (14-6-2008)
Per capita income Nepal reaches $470 (10-06-2008)


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