August 20, 2019, Kathmandu
A commercial bank is a financial organization that accepts deposits, offers accounting services such as cheques, loans, and offers saving or fixed deposit accounts to individuals or businesses. A commercial bank makes a profit by lending and interest incomes that may include auto loans, mortgages, personal loans, or even business loans.
There are currently 27 Commercial Banks (Class A) in Nepal as per the report collect from the Central Bank, Nepal Rastra Bank(NRB). The first commercial bank of Nepal is Nepal Bank Ltd., and it was established on 1937/11/15. Agriculture Development Bank Ltd. has the highest paid-up capital of Rs. 1393.79 Crore and Nepal Credit and Commerce Bank Ltd. have the lowest paid-up capital of Rs. 467.91 Crore as per the report from NRB.
The list of the Class A banks currently providing banking services in Nepal along with their head offices (all located inside Kathmandu) is presented below:
| S.No. | Name | Operation Date
(A.D.) |
Head Office |
| 1 | Nepal Bank Ltd. | 1937/11/15 | Dharmapath |
| 2 | Agriculture Development Bank Ltd. | 1968/01/21 | Ramshahpath |
| 3 | Nabil Bank Ltd. | 1984/07/12 | Beena Marg |
| 4 | Nepal Investment Bank Ltd. | 1986/03/09 | Durbarmarg |
| 5 | Standard Chartered Bank Nepal Ltd. | 1987/02/28 | Nayabaneshwor |
| 6 | Himalayan Bank Ltd. | 1993/01/18 | Kamaladi |
| 7 | Nepal SBI Bank Ltd. | 1993/07/07 | Kesharmahal |
| 8 | Nepal Bangladesh Bank Ltd. | 1994/06/06 | Kamaladi |
| 9 | Everest Bank Ltd. | 1994/10/18 | Lazimpat |
| 10 | Kumari Bank Ltd. | 2001/04/03 | Durbarmarg |
| 11 | Laxmi Bank Ltd. | 2002/04/03 | Hattisar |
| 12 | Citizens Bank International Ltd. | 2007/04/20 | Narayanhitipath |
| 13 | Prime Commercial Bank Ltd. | 2007/09/24 | Kamalpokhari |
| 14 | Sunrise Bank Ltd. | 2007/10/12 | Gairidhara |
| 15 | Century Commercial Bank Ltd. | 2011/03/10 | Putalisadak |
| 16 | Sanima Bank Ltd. | 2012/02/15 | Nagpokhari |
| 17 | Machhapuchchhre Bank Ltd. | 2012/7/9 | Lazimpat |
| 18 | NIC Asia Bank Ltd. | 2013/6/30 | Thapathali |
| 19 | Global IME Bank Ltd. | 2014/4/9 | Panipokhari |
| 20 | NMB Bank Ltd. | 2015/10/18 | Babarmahal |
| 21 | Prabhu Bank Ltd. | 2016/2/12 | Babarmahal |
| 22 | Siddhartha Bank Ltd. | 2016/7/21 | Hattisar |
| 23 | Bank of Kathmandu Ltd. | 2016/7/14 | Kamaladi |
| 24 | Civil Bank Ltd. | 2016/10/17 | Kamaladi |
| 25 | Nepal Credit and Commerce Bank Ltd. | 2017/01/01 | Bagbazar |
| 26 | Mega Bank Nepal Ltd. | 2018/05/13 | Kamaladi |
| 27 | Rastriya Banijya Bank Ltd. | 2018/05/02 | Singhadurbar Plaza |
On Asar, 2076 (July 2019), Janata Bank signed an agreement with Global IME Bank merging the two but the name remains the same of the latter. Thus, Janata Bank is not on the list.