Management Notes

Reference Notes for Management

List of Commercial Banks in Nepal – Name and Symbols | Management Notes

List of Commercial Banks in Nepal 

Commercial banks accept deposits, provide checking accounts, loan services, and offer certificates of deposit (CDs) and savings accounts to individuals and small businesses. Commercial banks are the most popular places for people to conduct their banking. Commercial banks provide and earn interest on mortgages, auto loans, business loans, and personal loans. Deposits from customers make these loans possible. Short-term loans are provided by commercial banks in the form of Bank Credit.

Small and medium-sized businesses, as well as individuals, can access basic banking products and services through a commercial bank. Checking and savings accounts, loans, mortgages, CDs, safe deposit boxes, and basic investments are all available. Banks make money by charging fees and service charges. A variety of fees are associated with different products, including account maintenance fees, minimum balance fees, overdraft fees, and late fees, as well as fees for safe deposit boxes. It is common for loan products to be accompanied by fees in addition to interest.

Besides earning interest on money lent to other clients, banks also earn interest on their own money. Their customers deposit money into their accounts so they can lend it out. While banks charge higher interest rates on loans than on borrowings, they charge lower rates on borrowings. Savings account customers might receive 0.25% interest, while mortgage clients would receive 4.75%. Commercial banks have traditionally been located in buildings where customers use teller windows and automated teller machines (ATMs) for routine banking activities. Banks now offer their customers many of the same services that they offer in person online, such as money transfers, deposits, and bill payments.

Commercial Banks plays an important role in the economic development of the country. They create liquidity and capital in the market, in addition to providing consumers with an essential service. Customers deposit funds in their accounts, and then they lend them out. This ensures liquidity. As a result of these activities, commercial banks create credit that leads to an increase in production, employment, and consumer spending, thereby boosting the economy.


List of Commercial Banks in Nepal


1Agricultural Development Bank LimitedADBL
2Bank of Kathmandu LimitedBOKL
3Century Commercial Bank LimitedCCBL
4Citizen Bank International LimitedCZBIL
5Civil Bank LimitedCBL
6Everest Bank LimitedEBL
7Global IME Bank LimitedGBIME
8Himalayan Bank LimitedHBL
9Kumari Bank LimitedKBL
10Laxmi Bank LimitedLBL
11Machhapuchre Bank LimitedMBL
12Mega Bank LimitedMEGA
13Nabil Bank LimitedNABIL
14Nepal Bangladesh Bank LimitedNBB
15Nepal Bank LimitedNBL
16Nepal Credit and Commerce Bank LimitedNCCB
17Nepal Investment Bank LimitedNIB
18Nepal SBI Bank LimitedSBI
19NIC Asia Bank LimitedNICA
20NMB Bank LimitedNMB
21Prabhu Bank LimitedPRVU
22Prime Commercial Bank LimitedPCBL
23Rastriya Banijya Bank LimitedRBB
25Siddhartha Bank LimitedSBL
26Standard Chartered Bank LimitedSCB
27Sunrise Bank Limited SRBL

It is said that “with great risk comes great reward,” especially in banking. In order to generate profit, banks take on financial risks. Although the stakes are high, there is a large downside potential. The legal repercussions of such conduct have steadily increased since the 2008 financial crisis. From regulatory compliance to litigation and compensation claims, banks have spent significant amounts of money. In order to manage a wider variety of risks effectively, risk managers are feeling more pressure to build and maintain sustainable risk management frameworks.

There is an increasing impact of model risk and ESG risk beyond traditional risks such as credit, default, interest and  liquidity, and they are also on the rise. Furthermore, there are many nonfinancial risks whose downside is difficult to quantify. When working with risk clients at global banks, we encounter nine common risk types.


Similarly You May Also like:

Leave a Comment