In Nepal, B class development banks in Nepal are financial institutions that are licensed by the Nepal Rastra Bank (NRB), the central bank of Nepal, to operate as development banks.
These banks are regulated by the Development Bank Act and are mandated to provide financial services to promote economic development and improve Nepal’s living standards.
- A Class Commercial Banks in Nepal
- C Class Finance Companies in Nepal
- D Class Micro Finance Financial Institutions in Nepal
List of B Class Development Banks in Nepal
There are 17 B-class development banks operating in Nepal, each serving a specific geographic area or working towards a particular sector or economic activity. These banks play a crucial role in providing financial access and supporting economic growth in Nepal.
| S.No. | Name | Operation Date | Headquarter |
|---|---|---|---|
| 1 | Narayani Development Bank Ltd. | 2001/10/17 | Ratna Nagar, Chitwan |
| 2 | Karnali Development Bank Ltd. | 2004/02/18 | Nepalgunj, Banke |
| 3 | Excel Development Bank Ltd. | 2005/07/21 | Birtamod, Jhapa |
| 4 | Miteri Development Bank Ltd. | 2006/10/13 | Dharan, Sunsari |
| 5 | Muktinath Bikas Bank Ltd. | 2007/01/03 | Kamaladi, Kathmandu |
| 6 | Corporate Development Bank Ltd. | 2007/11/07 | Birgunj, Parsa |
| 7 | Sindhu Bikas Bank Ltd. | 2010/09/09 | Barhabise, Sindhupalchowk |
| 8 | Salapa Bikash Bank Ltd. | 2012/07/16 | Diktel, Khotang |
| 9 | Green Development Bank Ltd. | 2013/08/25 | Pokhara, Kaski |
| 10 | Shangrila Development Bank Ltd. | 2014/07/13 | Baluwatar, Kathmandu |
| 11 | Shine Resunga Development Bank Ltd. | 2013/03/17 | Butwal, Rupandehi |
| 12 | Jyoti Bikas Bank Ltd. | 2016/08/12 | Kamaladi, Kathmandu |
| 13 | Garima Bikas Bank Ltd. | 2021/11/14 | Lazimpat, Kathmandu |
| 14 | Mahalaxmi Bikas Bank Ltd. | 2017/7/2 | Durbar Marg, Kathmandu |
| 15 | Lumbini Bikas Bank Ltd. | 2017/7/9 | Dillibazar, Kathmandu |
| 16 | Kamana Sewa Bikas Bank Ltd. | 2017/8/4 | Gyaneshwor, Kathmandu |
| 17 | Saptakoshi Development Bank Ltd. | 2019/07/07 | Dhankuta , Koshi |
B Class Development Banks Paid Up Capital & Working Area
| S.No. | Name | Paid Up Capital | Working Area |
|---|---|---|---|
| 1 | Narayani Development Bank Ltd. | 13.12 | 1-3 District Level (Nawalparasi, Chitwan, Makawanpur) |
| 2 | Karnali Development Bank Ltd. | 50.28 | 1-5 District Level (Banke, Bardiya, Dang, Pyuthan, Rolpa) |
| 3 | Excel Development Bank Ltd. | 115.18 | 1-5 District Level (Ilam, Jhapa, Morang, Sunsari, Panchthar) |
| 4 | Miteri Development Bank Ltd. | 90.34 | 1-5 District Level (Jhapa, Morang, Sunsari, Dhankuta, Udayapur) |
| 5 | Muktinath Bikas Bank Ltd. | 565.72 | National Level |
| 6 | Corporate Development Bank Ltd. | 41 | 1-3 District Level (Parsa, Makawanpur, Kavrepalanchowk) |
| 7 | Sindhu Bikas Bank Ltd. | 55.75 | 1-5 District Level (Sindhupalchowk, Kavre, Dolkha, Makawanpur, Chitwan) |
| 8 | Salapa Bikash Bank Ltd. | 2.8 | 1 District Level (Khotang) |
| 9 | Green Development Bank Ltd. | 51.9 | 1-5 District Level (Baglung, Myagdi, Kaski, Tanahu, Nawalparasi East) |
| 10 | Shangrila Development Bank Ltd. | 301.07 | National Level |
| 11 | Shine Resunga Development Bank Ltd. | 378.1 | National Level |
| 12 | Jyoti Bikas Bank Ltd. | 426.78 | National Level |
| 13 | Garima Bikas Bank Ltd. | 394.82 | National Level |
| 14 | Mahalaxmi Bikas Bank Ltd. | 334.24 | National Level |
| 15 | Lumbini Bikas Bank Ltd. | 328.43 | National Level |
| 16 | Kamana Sewa Bikas Bank Ltd. | 314.26 | National Level |
| 17 | Saptakoshi Development Bank Ltd. | 83.43 | 1-7 District Level (Morang, Ilam, Panchthar, Jhapa, Sunsari, Dhankuta, Terhathum) |