Commercial Banks in Nepal: An Overview
Nepal’s banking sector has evolved significantly, ensuring financial security and economic growth as of mid-January 2025, there are 20 Class ‘A’ commercial banks in operation, regulated by the Nepal Rastra Bank (NRB), Nepal’s central bank.
What Are Commercial Banks?
Commercial banks that accept deposits, provide loans, and provide other banking services to individuals, organizations, and governments. They have a major role in financial transactions, economic development, and the mobilization of capital.
List of Commercial Banks in Nepal
Following is the New list of 20 commercial banks operating in Nepal:
- Agriculture Development Bank – Website
- Nepal Bank Limited – Website
- Rastriya Banijya Bank – Website
- Citizens Bank International – Website
- Everest Bank – Website
- Global IME Bank Limited – Website
- Himalayan Bank – Website
- Kumari Bank – Website
- Laxmi Sunrise Bank – Website
- Machhapuchhre Bank – Website
- Nabil Bank – Website
- Nepal Investment Mega Bank – Website
- Nepal SBI Bank – Website
- NIC Asia Bank – Website
- Prabhu Bank – Website
- Prime Commercial Bank – Website
- Sanima Bank – Website
- Siddhartha Bank – Website
- Sunrise Bank – Website
- Standard Chartered Bank Nepal – Website
Key Functions of Commercial Banks in Nepal
✔ Accepting Deposits: Fixed Deposits, current accounts, and secure savings.
✔ Providing Loans: Personal loans, business loans, and infrastructure loans.
✔ Facilitating Transactions: Payment services, remittances, digital banking services.
✔ Investment & Wealth Management: Stocks, bonds, mutual funds.
✔ Financial Advisory: Strategic planning and risk management.
Why Commercial Banks Are Important for Nepal’s Economy
🔹 Promoting Savings & Capital Building – Encouraging financial thrift.
🔹 Supporting Economic Growth – Financing businesses, industries, and infrastructure.
🔹 Enhancing Financial Inclusion – Providing banking with access to rural communities.
Final Thoughts
The Commercial banks of Nepal are pillars of Nepal’s financial system. If you want save, invest, or borrow, it will be helpful for you to know about Nepal’s banking system in more detail.
💬 What’s your experience with banking in Nepal? Share your thoughts in the comments!