What Nepal Bank does

Nepal Bank Limited (NBL) is the first commercial bank of Nepal, established on November 15, 1937, with operations spanning all seven provinces. The bank is publicly listed on the Nepal Stock Exchange under ticker NBL and is majority-owned by the Government of Nepal, which holds approximately 60% of shareholding. NBL operates as a full-service commercial bank offering deposits, loan products, debit and credit cards, remittance services, DEMAT facilities, and a dedicated Non-Resident Nepali (NRN) product suite including NRN Saving, NRN Fixed Deposit, and NRN IPO Remittance. The bank maintains Basel III compliance and is led by Tilak Raj Pandeya, its 30th Chief Executive Officer.

The bank's core technology stack is built around two digital platforms — NBL Smart Mobile Banking and NBL BankSmart XP — extending service delivery beyond the physical branch network across all seven provinces. Strategic MOUs with telecom operators (Ncell, Nepal Telecom) and healthcare/hospitality partners create a discount and utility ecosystem intended to drive retail and NRN customer acquisition and stickiness. NBL's business model is anchored in net interest income from lending and deposit-taking, supplemented by fee income from remittances, cards, and digital channels, serving retail, SME, agricultural, and NRN customer segments with no disclosed large enterprise anchors.

Name

Nepal Bank

Legal name

Nepal Bank Limited

Website

https://nepalbank.com.np

Company type

Public

Founded year

1937

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Nepal Bank Limited is Nepal's first commercial bank, established in 1937, majority-owned by the Government of Nepal (~60%) and publicly listed on NEPSE. It operates across all seven provinces offering retail, SME, agricultural, and NRN banking products via traditional branches and digital platforms.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Retail banking services
• Commercial lending
• Digital banking
• Remittance services
• Agricultural finance

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: Primary revenue stream from lending activities including business loans, retail loans, agriculture loans, MSME credit, and personal credit. Interest rates vary based on loan type and customer segment.
2. Deposit Interest Expenses: Interest paid to depositors on saving accounts, fixed deposits, current accounts, and special deposit products like NRN accounts and Sahayatri Bachat Khata.
3. Fee-based Services: Transaction fees including service charges for account maintenance, cheque book issuance, ATM card issuance, CCTV footage retrieval, standing instructions, balance certificates, ABBS transfers, and Mero Share registration fees.
4. Digital Banking Services: Revenue from digital service adoption including mobile banking, internet banking, and online account services with associated transaction and convenience fees.
5. Foreign Exchange Services: Revenue from currency exchange services and forex transactions, particularly for NRN customers and international remittance services.
6. Remittance Services: Fee income from inbound and outbound remittance processing, including NBL Remit service and remittance IPO saving account offerings for migrant workers.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels7 records

Core offering

Nepal Bank Limited is a commercial bank offering deposit products (savings, current, fixed, recurring, NRN, and specialized savings accounts), lending products (business, retail, agriculture, MSME, gold/silver, trade finance), digital banking services (mobile app, internet banking, QR payments), card services (VISA debit, credit, travel, prepaid), international remittance (NBL Remit), DEMAT/capital market services, and safe deposit lockers. The bank serves retail consumers, SMEs, corporates, agricultural borrowers, and the Non-Resident Nepali diaspora through an extensive branch network across all seven provinces of Nepal and digital channels.

Product overview

Nepal Bank Limited operates as a traditional commercial bank offering a comprehensive suite of banking products and services. The portfolio spans deposit accounts (savings, current, fixed deposits including specialized NRN accounts for non-resident Nepalis), card services (VISA debit cards, credit cards, travel and prepaid cards), digital banking through the NBL BankSmart XP internet banking platform and NBL Smart Mobile Banking app (available on Android/iOS), remittance services (NBL Remit for international money transfers), investment services (DEMAT accounts for securities), and credit products including micro enterprise loans, business loans, retail loans, agriculture loans, and trade finance. The bank also provides ancillary services such as safe deposit lockers, QR code payments, and Connect IPS integration for interbank transfers.

Differentiator

Problem solved

Functional benefit

Brands

• NBL BankSmart XP: Internet banking platform of Nepal Bank Limited for online banking services.
• NBL Smart Mobile Banking
• NBL Remit

Products and services

• NBL BankSmart XP (Internet Banking)
• NBL Smart Mobile Banking
• NRN Saving Deposit Account
• NRN Fixed Deposit Account
• NBL Pioneer Saving Deposit Account
• NBL Special Saving Account
• Sahayatri Bachat Khata
• Subha Gyan Bachat Khata
• Women Special Saving
• NBL Remittance IPO Saving Account
• NBL Current Account
• NBL Recurring Deposit
• NBL Credit Card
• ATM/Debit Card
• Travel Card
• Prepaid/Dollar Card
• QR Code Payment
• NBL Remit
• Safe Deposit Locker
• DEMAT Account
• Micro Enterprise Loan
• NBL Laghu/Sajilo Byabasaya Karja (Micro Loan)
• Business Loan
• Retail Loan
• Agriculture Loan
• Gold & Silver Loan
• Trade Finance
• Fixed Deposit Account

Quantifiable outcome

• First bank of Nepal with 86+ years of operational history
• +1 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

17 partnerships are on record, tiered core and minor.

• Om Samaj Dental Hospital Pvt. LtdcoreGTM or Marketing Partner · 22 June 2026MOU providing dental healthcare discounts and services to NBL customers at Om Samaj Dental Hospital.
• Indraprastha Apollo HospitalscoreGTM or Marketing Partner · 12 June 2026MOU signed between NBL and Indraprastha Apollo Hospitals, New Delhi, India to offer healthcare discounts and benefits to NBL customers. This partnership provides preferential rates for medical services to bank customers, enhancing the value proposition of NBL banking products.
• Siddhartha Business Group of HospitalitycoreGTM or Marketing Partner · 11 June 2026MOU between NBL and Siddhartha Business Group of Hospitality for hospitality sector services and discounts to NBL customers. Provides preferential rates and services at Siddhartha Group hospitality outlets.
• Medharma Clinix Pvt. LtdcoreGTM or Marketing Partner · 1 June 2026MOU between Nepal Bank Ltd and Medharma Clinix Pvt. Ltd offering healthcare discounts to NBL customers at their medical facilities.
• Crystal Diagnostic Pvt LtdcoreGTM or Marketing PartnerPress release about agreement with Crystal Diagnostic Pvt Ltd for discounts on diagnostic services to NBL customers.
• Kathmandu Dental HospitalcoreGTM or Marketing PartnerPress release about Agreement with Kathmandu Dental Hospital for discounts on dental services to NBL customers.
• Sunaina Hospital Pvt LimitedcoreGTM or Marketing PartnerPress release about agreement with Sunaina Hospital Pvt Limited for discounts on medical services to NBL customers.
• Siddhi Polyclinic Path Lab Pvt LtdcoreGTM or Marketing PartnerPress release about agreement with Siddhi Polyclinic Path Lab Pvt Ltd for discounts on pathology and diagnostic services to NBL customers.
• Nepal International Health ServicescoreGTM or Marketing PartnerPress release about Agreement with Nepal International Health Services for heavy discounts on health services to NBL customers.
• NcellcoreStrategic or Co-development PartnerMOU signing with Ncell for deposit products and services partnership, enabling mobile and digital service integration.
• Nepal TelecomcoreStrategic or Co-development PartnerMOU between Nepal Telecom and Nepal Bank regarding deposit products, facilitating telecom-banking integration for customer convenience.
• Connect IPScoreTechnology or IntegrationIntegration with Connect IPS platform for interbank payment system, enabling seamless fund transfers between banks through NBL digital banking.
• Mero Share (CDSC)coreTechnology or IntegrationIntegration with Mero Share platform (Central Depository and Clearinghouse) for demat account services and capital market access for NBL customers.
• Purwanchal UniversityminorGTM or Marketing PartnerMOU with Purwanchal University for educational sector partnership and student banking services.
• Aagantuk Resort DhulikhelminorGTM or Marketing PartnerMOU with Aagantuk Resort Dhulikhel for hospitality discounts to NBL customers at the resort.
• DarazminorGTM or Marketing PartnerE-commerce partnership with Daraz for online shopping payment solutions and promotional offers for NBL customers.
• Beema (Insurance)minorGTM or Marketing PartnerMOU with insurance provider for Beema products and services partnership, providing insurance solutions to NBL customers.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Citizens Bank International: Nepali commercial bank with diversified retail, SME, and trade finance portfolio. Direct competitor in deposit gathering, lending, and digital banking adoption.
• Nepal Investment Mega Bank: Recently merged commercial bank created from Nepal Investment Bank and Mega Bank Nepal, creating one of Nepal's largest private banks. Directly competes with NBL in retail, SME, and corporate banking nationwide.
• Siddhartha Bank: Nepali commercial bank offering retail, SME, and corporate banking with growing digital capabilities. Direct competitor in deposit gathering and MSME lending segments.
• Himalayan Bank: Established Nepali commercial bank with diversified retail, corporate, and trade finance offerings. Comparable customer segments and product mix, with significant remittance and NRN banking focus.
• NIC Asia Bank: Major Nepali commercial bank with strong digital banking presence and nationwide branch network. Competes directly with NBL in retail deposits, SME lending, and remittance services.
• Kumari Bank: Nepali commercial bank with nationwide branch presence and full-service retail, corporate, and SME banking. Direct competitor across most segments where NBL operates.
• Laxmi Bank: Established Nepali commercial bank with retail, SME, and corporate banking services. Comparable branch footprint and customer segments to NBL with strong digital banking ambitions.
• NMB Bank Nepal: Nepali commercial bank focused on retail, SME, and microfinance. Competes with NBL in MSME lending and rural banking segments with comparable product offerings.
• Nabil Bank: One of Nepal's largest private commercial banks offering full-service retail, corporate, SME, and digital banking across all provinces. Most directly comparable competitor with similar product breadth and nationwide branch presence.
• Machhapuchchhre Bank: Mid-sized Nepali commercial bank providing retail, SME, and trade finance services. Comparable in product offerings and target customer segments, especially in regional/provincial markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nepalbank
• YouTubeyoutube.com/@nepalbanklimitednbl
• Facebookfacebook.com/nepalbankltd
• LinkedInlinkedin.com/company/nepal-bank
• Instagraminstagram.com/nepalbanknbl

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Nepal Bank