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List of development banks in Nepal

Gurkha Development Bank
banking services, also includes specifically services for Gurkhas

Asian Development Bank
ADB is an international development finance institution whose mission is to help its developing member countries reduce poverty and improve the quality of life of their people.

Agricultural Development Bank
providing institutional credit for enhancing the production and productivity of the agricultural sector in the country

Siddhartha Development bank limited
The bank is committed to do following works to achieve its objectives, amongst others.
-To provide loan on Sector of agriculture, Industry, Trade, SMEs, Micro Credits, Housing and Land Development and Service Business Sector by utilizing available resources and skills.
- To operate special programme by selecting poor and backward populated socially for upgrading their life style.



Excel Development Bank
Excel Development Bank is committed to deliver its services to the customers through easy banking procedures. Since the bank is located in the rural area, it intends to serve the need of common people by providing simple yet modern banking facilities

Sanima Bikas Bank
established in 2004 by the enterprising and dynamic Non Resident Nepalese (NRN) with a vision to mobilize required resources for the national development process. Sanima is the first private sector national level Bikas Bank in the country to be capitalized at NPR 320 million. The Bank has been in forefront in the country for mobilizing its resources in financing hydro power projects.

Tourism Development Bank Limited
has been established for the delivery of comprehensive banking services to the esteemed customers by the collective efforts of enterpreneurs from tourism sector, hydropower experts, professors, professional bankers, pioneer of cooperative movement, doctors, engineers, advocates and other professionals with excellent track record and high social profile. Its prime concern is to contribute on socio-economic development of the Country through diversified range of banking products & services. The Bank believes on offering of quality service to the customers, generating maximum return to shareholders, providing competitive incentives to employees, ensuring compliance of prudential norms to regulators and serving community as well.

Children's Development Bank
The Children's Development Bank (CDB) gives children the change to safe their money in a safe way. CDB is a school for learning management, participatory, democracy, leadership, and accountability. The CDB will also gradually help the children/adolescents to start their own small enterprises. The bank is started with a technical support from Butterflies, India and financial support from Consortium for Street Children, UK.

Nirdhan Utthan Bank
the bank for upliftment of the poor" is a microfinance bank established in November 1998. It provides microfinance services such as Loans, Deposits, Micro-insurance and Remittance services to rural poor of Nepal.

Clean Energy Development Bank
CEDB is dedicated to Clean Energy Sector of Nepal for which our technical collaboration with "Winrock International" an INGO, is being supported by USAID/Nepal. CEDB began its operation from 07 September 2006 with wide range of banking products and services

Nilgiri Development Bank
description not available yet

Nepal Development Bank
the first national level development bank established by the private sector in Nepal. It has commenced its operation since January 31, 1999. It has entered into the subscription and services agreement with Industrial Development Bank of India Ltd, the most leading development bank of India on 7th July 2003. Infusion of NDBL's vision plus IDBIL's 4 decades of experiences in the Development Banking will further help to enhance the performance of the bank.

Development Credit Bank
DCB is a private sector bank having access to over 11,000 ATMs and 72 state-of-the-art branches and extension counters spread over nine states and two union territories. The Bank has recently launched several value added initiatives and intends to become one of the country’s preferred and profitable financial institutions.

Diyalo Development Bank
Diyalo Bikas Bank's central office is in Kavrepalanchowk district's central business hub Banepa. They are determined and will use the funds in lucrative and productive business ventures like Agriculture, Industry, Service, Business. They are very much optimistic in getting help and support from general public and plan to extend bank's services in other areas too.

International Development Bank

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News about development banks
NMB Bank Ltd has commenced its 15th ATM in Butwal on Sunday. The ATM is believed to be convenient for all the people in Butwal.

Kumari Bank has bagged mBillionth Award South Asia 2011 for its Kumari Mobile Cash product. The award was given under the m-business and commerce, banking category in the mBillionth 2011 South Asia International Summit 2011 in New Delhi, India on Saturday.

According to Securities Board of Nepal, the Siddhartha Bank today applied for the permission to start Mutual Fund under the name of Siddhartha Assets Management Company — a subsidiary of the bank. It will be the first Mutual Fund after the regulatory authority brought Mutual Fund regulation in 2067.

Everest Bank has opened its 40th and 41st ATMs at Simara Branch in Bara and Saleways Supermarket, Maharajgunj in Kathmandu.

BoK has installed ATM at ATM Lounge in Naya Baneshwor. The bank has now 48 ATMs, 24 inside Kathmandu Valley and 24 outside. It’s VISA cards that offer both debit and credit services can be used for withdrawal purposes as well as transactions in various Point of Sales machines available in departmental stores and clubs.

Nepal Bank Limited management has sped up the process of appointing a new chief executive officer, after Nepal Rastra Bank decided to pull itself out from the bank’s management.


more bank news

More news & articles about banking & loans
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)

Profit of Agriculture Development Bank (25-7-2008)
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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