List Of All Development Banks Of Nepal, Class B Banks Of Nepal

List Of All Development Banks Of Nepal

August 29, 2019, Kathmandu

A development bank is a financial organization engaged in the promotion of industry, agriculture and other key sectors.  Development banks are ‘ B’ type financial Institutions. On the basic of geographical coverage and activity level, the development banks are three types and these are:

  1. 1-3 districts type
  2. 4-10 districts type
  3. National type

Development Banks primarily aim to accelerate the rate of growth. The main objective of these banks is to serve public interest rather than earning profits. It is a multipurpose financial institution. A development Bank does not accept deposits from the public like commercial Banks and other financial institutions who entirely depend upon saving mobilization.

As per the latest data from Nepal Rastra Bank, at present there are 32 Development Banks in Nepal.

The list of the class ‘B ‘ banks currently providing banking services in Nepal along with their head offices and operation date are listed below:

NATIONAL TYPE

S. No Name Operation Date Head Office       
01 Deva Bikas Bank Ltd. 2015/7/10

 

Laldarbar, Kathmandu

 

02 Gandaki Bikas Bank Ltd. 2017/7/5

 

Pokhara, Kaski

 

03 Garima Bikash Bank Ltd. 2016/9/20

 

Lazimpat, Kathmandu
04 Jyoti Bikash Bank Ltd. 2016/8/12

 

 

Kamaladi, Kathmandus
05 Kailash Bikash Bank 2016/4/4

 

Newplaza Kathmandu
06 Kamana Sewa Bikas bank Ltd. 2017/8/4

 

Srijana Chowk,
07 Mahalaxmi Bikas Bank

 

2017/7/2

 

Darbarmarga, Kathmandu
08 Muktinath Bikas Bank Ltd. 2007/01/03

 

Kamaladi, Kathmandu

 

09 Om Development bank Ltd. 2017/6/16

 

Chipledhunga, Pokhara

 

10 Shangri – la development Bank Ltd. 2014/ 07/13 Baluwatar, Kathmandu

 

11. Lumbini Bikas Bank Ltd. 2017/7/9

 

Dilibazar, Kathmandu

 

Ten District Development Bank

S.No Name Operation Date Head Office
01. Shine Resunga Development Bank Ltd. 2013/3/17

 

Butwal, Rupandehi

 Three district Development Bank

S. NO Name Operation Date Head Office
01. Bhargav Bikas Bank Ltd. 2007/08/30

 

Nepalgunj, Banke

 

02. Corporate development Bank Ltd. 2007/11/07

 

Birgunj, Parsa

 

03. Excel Development Bank Ltd. 2005/07/21

 

Birtamod, Jhapa

 

04. Green Development Bank Ltd. 2013/8/25

 

Hari Shankar Road, Baglung

 

05. Kanchan development bank Ltd. 2009/09/19

 

Vimdatta, Kanchanpur

 

06. Kankai Bikas Bank Ltd. 2007/05/03

 

Damak, Jhapa

 

07 Karnali Bikash Bank Ltd. 2004/02/18

 

Nepalgunj, Banke

 

08

 

Mission development Bank Ltd. 2010/06/15

 

Butwal, Rupandehi

 

09 Miteri Development Bank ltd.

 

2006/10/13

 

Dharan, Sunsari

 

10. Nepal Community development Bank Ltd. 2010/11/03

 

Butwal, Rupandehi

 

11. Purnima Bikas Bank Ltd.

 

2008/05/20

 

Siddharthanagar, Rupandehi

 

12. Sahayogi Bikas Bank Ltd. 2003/10/23

 

Janakpurdham, Dhanusa

 

13. Sajha Bikas Bank Ltd.

 

Dhangadi, Kailali

 

14. Saptakoshi development Bank Ltd. 2012/10/02

 

Tankisinuwari, Morang

 

15. Sindhu Bikas Bank Ltd. 2010/09/09

 

Barhabise, Sindhupalchowk

 

16. Tinau Bikas Bank Ltd. 2006/11/01

 

Butwal, Rupandehi

 

17. Western Development Bank Ltd. 2017/10/15

 

Ghorahi, Dang

 

ONE DISTRICT DEVELOPMENT BANK

S.No Name Operation Date Head Office
01 Hamro Bikas Bank Ltd. 2009/04/19

 

Butter Bazzar, Nuwakot

 

02 Kabeli Bikas Bank Ltd. 2007/12/16

 

Dhankuta, Dhankuta

 

03 Mount Makalu Development Bank Ltd. Basantapur, Terathum

 

04 Sahara Bikash Bank Ltd. 2010/10/27

 

Malangwa, Sarlahi

 

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