Nepal Bank Black Horse Partnership Offers Discounts
18th January 2026, Kathmandu
Nepal Bank Limited, Nepal’s first commercial bank, has entered into a strategic partnership with Black Horse Industries Pvt. Ltd., a leading domestic footwear manufacturer. Under this agreement, Nepal Bank account holders and employees are entitled to purchase a variety of Black Horse brand shoes at 10–20% off the retail price, providing both economic benefits and a boost to the local manufacturing industry. This collaboration, formalized in early 2026, reflects the bank’s commitment to adding lifestyle value to its traditional financial services.
Nepal Bank Black Horse Partnership
The partnership agreement was signed on Poush 30, 2082 (January 14, 2026) in Kathmandu. The Memorandum of Understanding (MoU) was formalized by Nirmal Subedi, Head of Marketing and Research at Nepal Bank, and Chin Bahadur Shrestha, Managing Director of Black Horse Industries. This initiative is part of Nepal Bank’s broader strategy to enhance customer-focused services and provide tangible rewards to its loyal client base across the country.
Details of the Footwear Discount Scheme
Located in Nagarjun, Kathmandu, Black Horse Industries is a prominent name in the Nepalese footwear market, specializing in genuine leather shoes, casual sneakers, and formal office wear. The company distributes its products nationwide through an extensive network of retailers and official outlets. The new collaboration ensures that Nepal Bank’s customers and staff can access high-quality, locally made shoes at significantly reduced prices.
The discount structure is designed to be straightforward for the user. Nepal Bank account holders can avail themselves of these savings by presenting their debit or credit cards, or by making payments via the bank’s mobile banking app at participating Black Horse outlets. The 10–20% discount applies to a wide range of products, making premium domestic footwear more affordable for students, professionals, and families alike.
Strategic Benefits for Customers and Employees
Through this partnership, Nepal Bank aims to provide direct financial benefits to its stakeholders while simultaneously promoting the domestic manufacturing sector. By offering these discounts, the bank strengthens its relationship with its customers, encouraging them to maintain active accounts and utilize digital payment methods.
Furthermore, this initiative encourages Nepalese consumers to support local brands, which is a key component of Nepal Bank’s vision for sustainable economic growth. Supporting homegrown enterprises like Black Horse Industries helps retain capital within the country, fosters job creation, and reduces the national dependency on imported footwear.
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Empowering Domestic Industries
Black Horse Industries also stands to benefit significantly from this collaboration. By tapping into Nepal Bank’s massive customer base—which spans all 77 districts—the footwear company can expand its brand reach and increase its sales volume. Managing Director Chin Bahadur Shrestha expressed confidence that the partnership would make high-quality shoes accessible to a broader segment of the population, including those in more remote areas served by Nepal Bank’s 229 branches.
This move aligns with a growing trend in the Nepalese financial sector where banks collaborate with local businesses to create “win-win” scenarios. In recent months, Nepal Bank has signed similar MoUs with healthcare providers like Om Hospital and e-commerce platforms like Daraz, consistently seeking ways to lower the cost of living for its members through corporate alliances.
Commitment to Customer-Centric Banking
Nepal Bank Limited has a long-standing history of being a pioneer in the industry. As the first bank in Nepal, established in 1937, it has evolved from a traditional savings institution into a modern financial hub that integrates lifestyle benefits into its core offerings. This partnership with Black Horse Industries exemplifies the bank’s dedication to practical, everyday benefits.
By combining banking services with retail advantages, Nepal Bank not only improves the overall customer experience but also contributes to the “Made in Nepal” movement. Such collaborations are vital for the modernization of the economy, as they foster a culture of digital payments and brand loyalty toward local producers.
Conclusion
The Nepal Bank and Black Horse partnership is a strategic initiative that delivers real value to bank customers and staff while supporting the domestic industry in 2026. Through this collaboration, consumers can enjoy substantial discounts of 10–20% on quality shoes, contributing to significant household savings. Both institutions remain optimistic that this agreement will foster stronger relationships and set a benchmark for future corporate collaborations in Nepal. Customers and staff are encouraged to visit their nearest Black Horse outlet or check the Nepal Bank mobile app for a list of participating locations to take advantage of this unique offer.
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