List of Development Banks in Nepal
Development banks are those financial institutions, which like their name suggests provide financial capital for development projects in various sectors like economics, Industrial, agricultural, and similar. Development banks are usually established through governments and are funded by the government as well as other nonprofits but are operated privately as well. Such development banks are based on national as well as international levels too.
Similarly, the list of Development Banks in Nepal as of 2023 has enlisted 17 Developments banks. Let’s have a look at them.
Development Banks in Nepal List
Banks | Headquarters | Paid up capital |
Corporate Development Bank | Birgunj, Madhesh | रु 50.00 crore |
Excel Development Bank | Birtamod, Province 1 | रु 124.97 crore |
Garima Bikas Bank | Lazimpat, Kathmandu | रु 518.77 crore |
Green Development Bank | Pokhara, Gandaki | रु 51.90 crore |
Jyoti Bikas Bank | Kamaladi, Kathmandu | रु 426.78 crore |
Kamana Sewa Bikas Bank | Gyaneshwor, Kathmandu | रु 314.26 crore |
Karnali Development Bank | Nepalgunj, Lumbini | रु 50.28 crore |
Lumbini Bikas Bank | Dillibazaar, Kathmandu | रु 338.28 crore |
Mahalaxmi Development Bank | Durbar Marg, Kathmandu | रु 401.09 crore |
Miteri Development Bank | Dharan, Province 1 | रु 101.50 crore |
Muktinath Bikash Bank | Kamaladi, Kathmandu | रु 642.09 crore |
Narayani Development Bank | Ratnanagar, Bagmati | रु 26.25 crore |
Salapa Bikash Bank | Diktel, Province 1 | रु 35 crore |
Saptakoshi Development Bank | Dhankuta, Province 1 | रु 83.43 crore |
Shangri-la Development Bank | Baluwatar, Kathmandu | रु 301.07 crore |
Shine Resunga Development Bank | Butwal, Lumbini | रु 428.39 crore |
Sindhu Bikas Bank | Barhabise, Bagmati | रु 55.75 crore |
These were the list of Development Banks in Nepal to date. We will update you on any additional changes that might occur. Check out our website for other Bank and finance updates.