Top 10 A Class Banks

Last updated on 2024-04-26

Banking in Nepal has a long history dating back to 1937 AD with the establishment of the first bank in the nation. The Banking currency consisted Until the year 1980 AD the banking sector in the nation was owned by the government It was until 1984 AD the private and foreign banking industry was established in Nepal. Here, we have collected the top ten listings of the Grade ‘A’ Banks of Nepal according to the total paid-up capital

*The ranking is based on the total paid-up capital of a Grade ‘A’ Bank according to the data provided by Nepal Rastra Bank.

10. Citizens Bank International Ltd.

Image Source: Kaha6

Citizens Bank International was established in 2007 marking as the 20th commercial bank of Nepal. The Bank is handled by a team of experienced bankers and professionals and is supported by famous personalities, corporate and industrial houses, and reputed individuals of high social standing. The Bank aims to become a reliable partner for individuals and institutions by inventing, producing, and delivering the best possible financial solutions. Citizens Bank's vision is to become the region's top bank, renowned for offering outstanding customer service. The Bank is committed to any social initiatives which can further develop the nation.

Total Paid up capital (Rs. In crore) : 1166.2
Established Date : 2007 AD

9. Nepal Bank Ltd.

Image Source: Nepali Job

Nepal Bank Limited was established in 1937 by the then King of Nepal, King Tribhuvan with Prime Minister Juddha Shumsher Jung Bahadur Rana's assistance to institutionalize Nepal's formal banking sector. It is the Oldest Bank of Nepal, Private dealers and trading centers handled all monetary transactions prior to the formation of Nepal Bank Limited. The absence of a banking institution was hampering the economic sector of the country, Nepal Bank Limited took this into account, with a particular focus on alleviating economic hardships and difficulties faced by the common populace. The Bank visions to become a pioneer with excellence in customer service.

Total Paid up capital (Rs. In crore) : 1263.68
Established Date : 1937 AD

8. Nabil Bank Ltd.

Image Source: Fiscal Nepal

Nabil Bank Limited was established in 1984 and is led by seasoned professionals with extensive experience and knowledge in the banking industry. Nabil Bank intends to become the “Bank of 1st Choice” for all of its shareholders. Each and every member of The Nabil Bank team is dedicated to working within our set of Core Values in order to achieve their Mission and continually come closer to achieving our Vision. The Chairman, Mr. Upendra Prasad Poudyal along with his decorated board of directors has been dedicated to provide the best service possible to their customers and have a nationwide reach of their banking institution.

Total Paid up capital (Rs. In crore) : 1348.02
Established Date : 1984 AD

7. Kumari Bank Ltd.

Image Source: Kumari Bank Ltd. | Official Website

Kumari Bank Limited was established in 2001. The bank was one of the first to offer modern banking services such as Internet Banking and Mobile Banking with the goal of offering modern banking services that are competitive in the Nepalese financial sector. The bank offers both domestic and international Visa debit and credit cards, which are accepted at all VISA-affiliated ATMs in Nepal and India. The Bank focuses on fulfilling the changing demands of its customers through modern technology-driven banking products and services, cementing its position as a company dedicated to improving the experience of its stakeholders.

Total Paid up capital (Rs. In crore) : 1387.85
Established Date : 2001 AD

6. Mega Bank Nepal Ltd.

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Mega Bank Limited was established in 2010, The Mega Bank team's tagline is "Halo to Hydro" or "Plough to Power," and it motivates them to provide excellent financial services. The Bank is dedicated to providing the highest quality of professional financial services with a personal touch, not only to those who are currently part of the formal banking system but also to those who have remained outside of it until now. The Chairman, Bhoj Bahadur Shah along with the board of directors is dedicated to offering the best financial solutions to the 'Entire Economic Pyramid,' not simply the top, middle, or bottom.

Total Paid up capital (Rs. In crore) : 1465.5
Established Date : 2010 AD

5. Prime Commercial Bank Ltd.

Image Source: Prime Commercial Bank Ltd. | Official Website

Prime Commercial Bank was founded in September 2007 as the 21st commercial bank to be established in Nepal. The bank has established itself as a new participant in the financial sector, focusing on providing exceptional customer service and building strong relationships with its clients. The bank’s core values are centered on the customers and communities that they serve, as well as the business principles they have committed to follow. Independent raters and publications in Nepal rank it among the top ten commercial banks in the country.

Total Paid up capital (Rs. In crore) : 1608.3
Established Date : 2007 AD

4. Nepal Investment Bank Ltd.

Image Source: Nepal Investment Bank | Official Website

Nepal Investment Bank Ltd. (NIBL), formerly known as Nepal Indosuez Bank Ltd, was established in 1986, was founded as a joint venture between Nepalese and French partners. Nepal investment bank visions to become the most preferred Financial Service provider in all of the nation. The Bank intends to accomplish this purpose while adhering to the highest ethical standards, professional integrity, corporate governance, and regulatory compliance. Their core values are centered on the customers and communities they serve, as well as the business principles we commit to follow. In essence, we think that the only way to accomplish success is to live our basic beliefs and principles.

Total Paid up capital (Rs. In crore) : 1625.73
Established Date : 1986 AD

3. NMB Bank Ltd.

Image Source: myRepublica - Nagarik Network

NMB Bank Limited was established in 2008 as one of the leading commercial banks of the nation. NMB Bank and Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), the Dutch development bank, signed a Joint Venture Agreement in September 2016, with FMO becoming the bank's single largest shareholder. The bank visions on building communities through responsible banking, which is desired by all stakeholders and allows consumers and clients to achieve their financial goals, contributing to Nepal's prosperity. NMB Bank also takes its mission to assist its clients and customers in attaining financial stability.

Total Paid up capital (Rs. In crore) : 1632.6
Established Date : 1995 AD

2. Agriculture Development Bank Ltd.

Image Source: South Asia Time

Agriculture Development Bank was established in 1968 and is considered as one of the leading commercial banks of the country. However, since 1984, the bank has also been engaged in commercial banking operations, providing commercial banking services. The Bank aims to become a mass-based complete bank serving from urban to rural areas of all Nepal. Mr. Laxmi Prapanna Niroula along with the board members takes it as a mission to provide a comprehensive banking solution while reinforcing the company's broad network. Since its inception, the bank has served as a leading rural lending institution, contributing significantly to the country's agricultural credit supply.

Total Paid up capital (Rs. In crore) : 1642.26
Established Date : 1967 AD

1. Global IME Bank Ltd.

Image Source: Global IME Bank Ltd. | Official Website

Global IME Bank was founded after the successful merging of ‘Global Bank Ltd’, ‘IME Financial Institution’ and ‘Lord Buddha Finance Ltd’ in the year 2012. Global Bank was the founding base for the Global IME bank which was established in 2007 with the largest capital of that time amounting to 1.0 billion NPR. The Chairman, Mr. Chandra Prasad Dhakal along with the decorated team of the Board of Directors takes their mission to gain a significant market share by providing high-quality products and services to customers, as well as innovative business solutions. The bank aims to become “The Bank for All” by providing the economy with the required impetus through world-class banking services.

Total Paid up capital (Rs. In crore) : 2163.25
Established Date : 2007 AD