Commercial banks of Nepal

Commercial banks are 'A' Class Financial Institutions in Nepal. Nepal Bank Limited is the first & oldest Commercial bank in Nepal established in 1937 AD with government and private investment.Commercial Bank mainly provide facilities to their customer like Deposits, Loans, Mobile Banking, Remittance.

Nepal Rastra Bank (NRB) is the central bank of Nepal and is responsible for the regulation and supervision of the commercial banks of nepal.As per prescribed by NRB commercial bank should have minimum capital of 8 billion.

List of Commercial Banks (Class A)

  1. Kumari Bank (After the merger with Nepal Credit and Commerce Bank)
  2. Rastriya Banijya Bank
  3. Agriculture Development Bank
  4. Nabil Bank (After the acquisition of Nepal Bangladesh Bank)
  5. Nepal Investment Mega Bank (After the merger with Mega Bank Nepal Limited)
  6. Standard Chartered Bank Nepal
  7. Himalayan Bank (After the merger with Civil Bank Limited)
  8. Nepal SBI Bank
  9. Everest Bank
  10. Prabhu Bank (After the acquisition of Century Bank Limited)
  11. Laxmi Sunrise Bank (After the merger with Sunrise Bank)
  12. Global IME Bank Limited (After the merger with Bank of Kathmandu)
  13. Citizens Bank International Limited
  14. Prime Commercial Bank
  15. NMB Bank Nepal
  16. NIC Asia Bank
  17. Siddhartha Bank
  18. Sanima Bank
  19. Machhapuchchhre Bank
  20. Nepal Bank Limited

[1]

Merger And Acquisition of commercial banks

Bank Year Fate
Bank of Asia and NIC Bank Limited 2013 Merged and operated as NIC Asia Bank Limited[2]
Commerz & Trust Bank and Global IME Bank Limited 2014 Merged and operated as Global IME Bank Limited[3]
KIST Bank Limited and Prabhu Bank Limited 2014 Merged and operated as Prabhu Bank Limited[4]
Grand Bank Nepal and Prabhu Bank Limited 2016 Merged and operated as Prabhu Bank Limited[5]
Lumbini Bank Limited and Bank of Kathmandu 2016 Merged and operated as Bank of Kathmandu Lumbini (later renamed to Bank of Kathmandu)[6]
Janata Bank and Global IME Bank Limited 2019 Merged and operated as Global IME Bank Limited[7]
Nepal Bangladesh Bank and Nabil Bank Limited 2022 Acquired by Nabil Bank Limited[8]
Nepal Credit & Commerce Bank and Kumari Bank Limited 2023 Merged and operated as Kumari Bank Limited[9]
Bank of Kathmandu and Global IME Bank Limited 2023 Merged and operated as Global IME Bank Limited[10]
Century Commercial Bank and Prabhu Bank Limited 2023 Acquired by Prabhu Bank Limited[11]
Mega Bank Nepal Limited and Nepal Investment Bank Limited 2023 Merged and operated as Nepal Investment Mega Bank[12]
Civil Bank and Himalayan Bank Limited 2023 Acquired by Himalayan Bank Limited[13]
Sunrise Bank Limited and Laxmi Bank Limited 2023 Merged and operated as Laxmi Sunrise Bank[14]

References

  1. ↑ https://www.investopaper.com/news/list-of-a-class-commercial-banks-in-nepal/
  2. ↑ "NIC ASIA Bank : Successful Merger". SpotlightNepal. 14 July 2013. Retrieved 2023-01-12.
  3. ↑ "Global, Commerz & Trust merge; starts operations". kathmandupost.com. Retrieved 2023-01-12.
  4. ↑ "Prabhu Bank starts ops". kathmandupost.com. Retrieved 2023-01-12.
  5. ↑ "Prabhu, Grand start joint ops after merger". kathmandupost.com. Retrieved 2023-01-12.
  6. ↑ "Merged BoK, Lumbini start joint operations". kathmandupost.com. Retrieved 2023-01-12.
  7. ↑ Joshi, Kriti (2019-12-07). "Global IME, Janata start integrated transaction". The Himalayan Times. Retrieved 2023-01-12.
  8. ↑ "Nabil completes acquisition of NBB". The Himalayan Times. 2022-07-12. Retrieved 2023-01-12.
  9. ↑ "KBL, NCCB merge". The Himalayan Times. 2023-01-02. Retrieved 2023-01-12.
  10. ↑ "Global IME Bank, BoK joint operation". The Himalayan Times. 2023-01-08. Retrieved 2025-09-06.
  11. ↑ "Prabhu Bank completes acquisition of Century Bank". The Annapurna Express. Retrieved 2023-01-12.
  12. ↑ "इन्भेस्टमेन्ट र मेगा बैंक गाभिए, एकीकृत कारोबार सुरु". ekantipur.com (in Nepali). Retrieved 2023-01-12.
  13. ↑ "HBL and CBL start joint operation". The Himalayan Times. 2023-02-25. Retrieved 2023-07-15.
  14. ↑ "एकीकृत कारोबार गर्दै 'लक्ष्मी सनराइज बैंक लिमिटेड'". Karobar Daily. Retrieved 2023-07-15.
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