See the current status of Banks & Financial Institutions based on the latest report of Nepal Rastra Bank

Sun, Jul 22, 2018 11:22 AM on Latest,

Nepal Rastra Bank has published a list of the banks and financial institutions as of Ashadh end 2075.

Out of the 28 commercial banks, Agriculture Development Bank has the highest paid-up capital of Rs 13.93 arba which is followed by Nepal Investment Bank with a capital of Rs 10.64 arba. Nepal Credit and Commerce Bank has the lowest capital among the commercial banks of Rs 4.67 arba.

Kumari Bank Limited, NMB Bank Limited, Bank of Kathmandu Limited, Civil Bank Limited and Nepal Credit and Commerce Bank Limited have not raised their capital to the limit of Rs 8 arba as prescribed by the Rastra Bank.

Currently there are 33 development banks in total out of which 11 are national level development banks, 4 are 1 district development banks, 1 bank is 4-10 district development bank and the remaining 7 banks are 1-3 district development bank. Gandaki Bikas Bank Limited has the highest paid-up capital among the development banks of Rs 2.75 arba while the lowest paid-up capital is of Salapa Development Bank of Rs 2.80 crore.

As per the report published by Nepal Rastra Bank, there are 25 ‘C’ class finance companies out of which 22 finance companies are national level finance, 2 companies are 1-3 district finance companies and 1 is a 1 district finance company. ICFC Finance Limited has the highest capital of Rs 88.22 crore while Multipurpose Finance Company Limited has the lowest paid-up capital of Rs 4.15 crore.

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