Rastriya Banijya Bank

What Rastriya Banijya Bank does

Rastriya Banijya Bank Limited (RBB or RBBL) is a Nepal-licensed commercial bank established on 23 January 1966 under the Rastriya Banijya Bank Act, 2021 and fully owned by the Government of Nepal, headquartered at Singhadurbar Plaza, Kathmandu. It is licensed as an A-class financial institution by Nepal Rastra Bank and re-registered as a public limited company on 19 May 2006, operating under the Bank and Financial Institutions Act 2073 (2017). RBB maintains the largest physical distribution among Nepali banks — 312 branch offices and 71 extension counters across all 77 districts and 7 provinces, supplemented by 205 ATM outlets, POS terminals, and a branchless banking (BLB) agent network using biometric-validated EFTPOS tablets to serve unbanked rural populations.

The bank's product architecture spans deposit accounts (current, savings, fixed), a broad credit portfolio (funded loans such as overdraft, pledge, term, project, export, infrastructure, consortium, and agricultural lending across agronomy, livestock, horticulture, floriculture, aquaculture and apiculture; non-funded facilities such as letters of credit and bank guarantees), retail loans (housing, vehicle, hire purchase, education, personal, gold-backed, and segment-specific Rastra Sewak and Teachers Loans), digital banking (RBB Digital Sansar mobile app, RBB IBanking internet banking, contactless Visa credit and debit cards with domestic, international, and travel-quota variants), and remittances (RBB Remit web platform and SWIFT transfers via correspondent banks including Standard Chartered, ICICI, Axis, Mashreq, Korea Exchange Bank, and Janta Bank Dhaka; sub-agent relationships with 13 remittance companies including Western Union, MoneyGram, IME, and Prabhu). It also administers the Student Financial Assistance Project under an agreement with the Student Financial Assistance Fund Development Board.

RBB earns revenue primarily through interest income on its diversified loan book and transaction-based fees and commissions from remittances, cards, trade finance, locker services, and service charges such as the NPR 5 C-ASBA IPO application fee, with free inward remittances supported by a 1% additional interest rate on linked remittance savings and fixed deposit accounts. Pricing for SWIFT transfers varies by currency corridor (e.g., INR transfers at NPR 1,000 plus 0.10% with a NPR 900 minimum). The go-to-market model is direct-to-consumer across the branch network complemented by digital self-serve channels, with customer segments spanning retail individuals, business and corporate clients, the agriculture sector, government employees, teachers, and remittance recipients. Operational compliance includes FATCA, USA Patriot Act, KYC/AML/CFT programs aligned to Nepal Rastra Bank directives, and a Wolfsberg Group CBDDQ v1.4 disclosure posture for correspondent banking.

Name

Rastriya Banijya Bank

Legal name

Rastriya Banijya Bank Limited

Website

https://rbb.com.np

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

251–500 employees

Short description

Rastriya Banijya Bank is a Nepal government-owned A-class commercial bank offering deposits, diverse loans, digital banking, and international remittance services across all 77 districts and 7 provinces of Nepal.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Remittance & Cross-Border Payment Rails (SWIFT, Local Clearing, RTP Connectivity) (FSAGAKAH)

akta.pro secondary industries

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Cross-Border Card-Based Transfers & Multi-Currency Cards (FSAGAKAE), Cross-Border A2A & Bank Transfer Networks (FSAMAIAF)

Keywords

• Commercial banking services
• Retail lending products
• Agricultural credit
• Digital banking
• International remittances

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income from Loans: The bank earns interest income from a wide range of lending products including business loans, housing loans, vehicle loans, agricultural loans, personal loans, overdraft facilities, term loans, and specialized products for government employees and teachers.
2. Remittance Services: The bank processes inward and outward remittances through SWIFT and RBB Remit platform, acting as a sub-agent for 13 remittance companies. Charges include nominal fees and SWIFT commissions in various currencies.
3. Fee and Commission Income: The bank earns fees and commissions from services including credit cards, debit cards, POS services, LC facilities, bank guarantees, locker services, trade finance, and various banking service charges.

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels5 records

Core offering

Rastriya Banijya Bank is a government-owned commercial bank providing deposit accounts, a wide range of funded and non-funded business loans, retail loans, agricultural lending, Visa debit and credit cards, and digital banking services including mobile and internet banking. It also processes domestic and international remittances via SWIFT and through 13 sub-agent remittance partners, serving retail, corporate, SME, agricultural, government employee, and teacher customers across all 77 districts of Nepal.

Product overview

Rastriya Banijya Bank (RBBL) operates as a diversified financial services institution offering a comprehensive suite of banking products organized into core account products (Current, Saving, Fixed Accounts), funded and non-funded loan facilities, retail loans, agriculture lending, digital banking services, and remittance services. The bank serves as an 'A' class financial institution fully owned by the Government of Nepal, present across all 77 districts and 7 provinces. The digital banking portfolio includes RBB Credit Card, RBB Debit Card (Visa), RBB Digital Sansar mobile banking, RBB IBanking internet banking, POS services, and Branchless Banking. Remittance services include RBB Remit (domestic and international) and SWIFT transfers. The bank also provides specialized agriculture lending covering agronomy, livestock, horticulture, floriculture, aquaculture, and apiculture. Additional services include C-ASBA for IPO applications, locker services, trade finance, and the Student Financial Assistance Project.

Differentiator

Problem solved

Functional benefit

Brands

• RBB Digital Sansar: Mobile banking platform for convenient and safe digital banking services accessible from anywhere, anytime via mobile devices and web
• RBB Remit
• RBB IBanking
• RBB Credit Card
• RBB POS Services
• BranchLess Banking (BLB)

Products and services

• Current Account

Quantifiable outcome

• Presence in all 77 districts and 7 provinces of Nepal
• +4 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

Feature4 records

Partnerships

20 partnerships are on record, tiered core and minor.

• Western Union Money Transfer (WU)coreChannel Partner/ Reseller/ DistributorRBB is a sub-agent for Western Union Money Transfer, enabling customers to receive Western Union remittances at more than 350 RBB branch offices and extension counters across Nepal.
• IME International Money TransfercoreChannel Partner/ Reseller/ DistributorRBB serves as a sub-agent for IME International Money Transfer, allowing customers to collect IME remittances at RBB branch offices.
• MoneyGramcoreChannel Partner/ Reseller/ DistributorRBB is a sub-agent for MoneyGram, enabling MoneyGram remittance collection at RBB branches across Nepal.
• Himal Remit (CFS Remit)coreChannel Partner/ Reseller/ DistributorRBB serves as sub-agent for Himal Remit (CFS Remit) for remittance collection services.
• City Express Money TransferminorChannel Partner/ Reseller/ DistributorRBB is a sub-agent for City Express Money Transfer for remittance collection services.
• Samsara RemitminorChannel Partner/ Reseller/ DistributorRBB is a sub-agent for Samsara Remit for remittance collection services.
• IPay RemitminorChannel Partner/ Reseller/ DistributorRBB is a sub-agent for IPay Remit for remittance collection services.
• Esewa Money TransferminorChannel Partner/ Reseller/ DistributorRBB is a sub-agent for Esewa Money Transfer for remittance collection services.
• Nepal RemitminorChannel Partner/ Reseller/ DistributorRBB is a sub-agent for Nepal Remit for remittance collection services.
• Prabhu Money TransfercoreChannel Partner/ Reseller/ DistributorRBB is a sub-agent for Prabhu Money Transfer for remittance collection services.
• CG RemitminorChannel Partner/ Reseller/ DistributorRBB is a sub-agent for CG Remit for remittance collection services.
• United RemitminorChannel Partner/ Reseller/ DistributorRBB is a sub-agent for United Remit for remittance collection services.
• Neo Money TransferminorChannel Partner/ Reseller/ DistributorRBB is a sub-agent for Neo Money Transfer for remittance collection services.
• Standard Chartered Bank (Correspondent Bank - Multiple Cities)coreTechnology or IntegrationRBB uses Standard Chartered Bank as correspondent bank for USD transactions (New York), EUR transactions (Frankfurt), GBP transactions (London), AUD transactions (Singapore), and INR transactions (Mumbai), and JPY transactions (Tokyo). SWIFT Code: RBBANPKA.
• ICICI Bank (Correspondent Bank - Mumbai)coreTechnology or IntegrationRBB uses ICICI Bank Mumbai as correspondent bank for INR transactions.
• Axis Bank Limited (Correspondent Bank - Mumbai)coreTechnology or IntegrationRBB uses Axis Bank Limited Mumbai as correspondent bank for INR transactions.
• NCHL (National Community Banking)coreTechnology or IntegrationRBB signed an agreement with NCHL as documented in the press release regarding RBBL-NCHL Agreement.
• Nepal Telecom (NTC)minorGTM or Marketing PartnerRBB signed an MoU with Nepal Telecom for partnership and marketing initiatives.
• Student Financial Assistance Fund Development Board (SFAFDB)coreStrategic or Co-development PartnerRBB signed an agreement with SFAFDB on November 21, 2008, to serve as administrator for the Student Financial Assistance Program, covering awareness, student selection, and disbursement of financial assistance through RBB branches across Nepal.
• Visa InternationalcoreTechnology or IntegrationRBB is a Visa associate member bank, issuing Visa Electron Debit cards and Visa credit cards accepted globally at Visa ATMs and POS terminals.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Others

• Western Union: Global remittance leader for which RBB acts as sub-agent in Nepal. Adjacent ecosystem participant — comparable as the principal counterparty in RBB's inbound remittance value chain rather than as a direct retail competitor.

Emerging players

• Prime Commercial Bank: Nepali commercial bank offering deposits, retail/SME lending, trade finance, and digital channels. Comparable in product portfolio though with a narrower geographic reach than RBB's 77-district coverage.
• Citizens Bank International: Growing Nepali commercial bank expanding into retail, SME, and digital banking. Comparable mid-tier competitor in product mix and customer segments though with a smaller branch footprint than RBB.

Direct peers

• Nabil Bank: One of Nepal's largest private commercial banks with similar retail, SME, and trade finance offerings plus a strong correspondent banking and remittance franchise. Closest private-sector benchmark for RBB's commercial banking operations.
• Nepal Bank Limited: Nepal's oldest commercial bank and another state-linked institution offering the full suite of deposit, lending, and remittance products nationwide. Highly comparable to RBB in product mix, customer segments, and government-affiliation dynamics.
• Himalayan Bank: Nepali universal bank with a strong remittance and correspondent banking book, joint venture with Habib Bank. Comparable to RBB on retail/commercial banking and SWIFT-based international transfer services.
• Nepal SBI Bank: Joint venture with State Bank of India offering full-service commercial banking in Nepal including strong INR correspondent banking — directly comparable to RBB's SWIFT/correspondent banking and trade finance offerings.
• Nepal Investment Mega Bank: Resulting entity from merger of Nepal Investment Bank and Mega Bank Nepal — full-service commercial bank with diversified retail, corporate, and remittance offerings directly competing with RBB across segments.
• NIC Asia Bank: Large Nepali private commercial bank competing head-to-head with RBB in retail deposits, SME lending, digital banking, and remittance. Comparable in scale, branch reach, and product breadth.

Regional players

• Agriculture Development Bank Limited: State-owned development finance institution specializing in agricultural and rural lending. Directly comparable to RBB's agronomy, livestock, horticulture, and rural-branchless banking franchise, though focused on agricultural credit rather than universal banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php?id=61590320224766

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rastriya Banijya Bank