Agricultural Development bank Nepal

Short Overview

Establishment:

The Agricultural Development Bank of Nepal (ADBN) was established in 1968 as a specialized bank to
promote agricultural development in Nepal. It was established under the Agricultural Development Bank
Act 1967, with the support of the World Bank and the government of Nepal.

Ownership:

The ADBN is a government-owned development bank, with the majority of its shares held by the
government of Nepal.

Mission and Vision:

The ADBN's mission is to contribute to the development of the agriculture sector in Nepal by providing
affordable and accessible financial services to farmers, agro-based industries, and other stakeholders.
The bank's vision is to become a leading financial institution for agriculture and rural development in
Nepal.

Key Milestones and Achievements:

1. Branch Network: The ADBN has a wide network of branches throughout Nepal, with more than 260
branches and 115 service centers.

2. Loan Products: The bank offers a range of loan products to farmers and agro-based industries,
including crop loans, livestock loans, fisheries loans, and agro-processing loans.

3. Microfinance: The ADBN has been at the forefront of microfinance in Nepal, providing financial
services to small and marginal farmers, women, and other disadvantaged groups.

4. Digital Banking: The bank has introduced various digital banking services, including internet banking,
mobile banking, and SMS banking, to provide convenient and accessible banking services to its
customers.

5. Credit Ratings: The ADBN has received high credit ratings from international credit rating agencies,
reflecting its strong financial position and ability to repay debts.

6. Awards and Recognitions: The bank has received several awards and recognitions for its contributions
to the development of agriculture and rural communities in Nepal, including the "Best Development
Bank in Nepal" award by Global Banking and Finance Review.

Overall, the Agricultural Development Bank of Nepal has played a significant role in promoting
agricultural development and providing financial services to farmers and rural communities in Nepal.
The bank's commitment to digital banking and microfinance has enabled it to reach a wider customer
base and provide affordable and accessible financial services.
Nepal Bank Limited

Establishment:

Nepal Bank Limited (NBL) was established in 1937 as the first commercial bank in Nepal. It was initially
known as Nepal Bank Limited (NBL) and later changed its name to Nepal Bank Limited.

Ownership:

NBL is a public limited company and is listed on the Nepal Stock Exchange. The majority of its shares are
owned by the government of Nepal.

Mission and Vision:

The bank's mission is to become a leading financial institution in Nepal by providing innovative and
quality financial services to its customers. Its vision is to create sustainable value for its stakeholders by
adopting best practices in banking and financial services.

Key Milestones and Achievements:

1. Network Expansion: NBL has a strong presence throughout Nepal with more than 240 branches and
over 200 ATMs. The bank has also expanded its operations internationally, with branches in India and
Bhutan.

2. Digital Banking: NBL has been at the forefront of digital banking in Nepal, introducing various services
like internet banking, mobile banking, and SMS banking. The bank also offers a range of digital payment
services, including e-commerce payment gateways and digital wallet services.

3. Credit Ratings: NBL has consistently received high credit ratings from international credit rating
agencies, indicating its strong financial position and ability to repay debts. In 2019, Moody's Investors
Service assigned a B1 long-term foreign-currency deposit rating to the bank, reflecting its sound financial
position, stable asset quality, and satisfactory liquidity.

4. Awards and Recognitions: NBL has received several awards and recognitions over the years, including
"Best Bank in Nepal" by Global Finance magazine and "Bank of the Year" by The Banker magazine.

Key Data:

As of 2021, NBL has total assets of NPR 195.6 billion (approximately USD 1.6 billion) and a net profit of
NPR 1.7 billion (approximately USD 14.2 million). Its market capitalization is approximately NPR 15.7
billion (approximately USD 131.1 million).

Management Team:

As of 2021, the management team of NBL includes Mr. Bijay Kumar Shrestha as the Chairman of the
Board of Directors and Mr. Bhuwan Kumar Dahal as the Chief Executive Officer.
Nabil Bank Limited

Establishment:

NABIL was established as the first private commercial bank in Nepal in 1984 as Nepal Arab Bank Limited
with joint venture partners Dubai Bank Limited, UAE and Commerzbank, Germany. It is a class ‘A’
commercial bank regulated by Nepal Rastra Bank. On 2022 Nabil Bank merged with Nepal Bangladesh
Bank to make stronger financial position in the existing competitive market and promoting the initiative
of Nepal Rastra Bank for the merger.

Ownership:

Nabil Bank Limited is a public limited company and is listed on the Nepal Stock Exchange. The bank's
shares are owned by a diverse range of shareholders, including Nepalese and foreign individuals and
institutions.

Mission and Vision:

The bank's mission is to be the preferred provider of financial services in Nepal by offering innovative
and customer-centric solutions. Its vision is to be the leading bank in Nepal, providing world-class
financial services to its customers.

Key Milestones and Achievements:

1. Network Expansion: Nabil Bank has a strong presence throughout Nepal with over 100 branches and
more than 150 ATMs. The bank has also expanded its operations internationally, with branches in
Bhutan and India.

2. Digital Banking: Nabil Bank has been at the forefront of digital banking in Nepal, introducing various
services like internet banking, mobile banking, and SMS banking. The bank also offers a range of digital
payment services, including e-commerce payment gateways and digital wallet services.

3. Credit Ratings: Nabil Bank has consistently received high credit ratings from international credit rating
agencies, reflecting its strong financial position and ability to repay debts. In 2020, Moody's Investors
Service assigned a B1 long-term foreign-currency deposit rating to the bank, reflecting its sound financial
position, strong capitalization, and stable asset quality.

4. Awards and Recognitions: Nabil Bank has received several awards and recognitions over the years,
including "Best Bank in Nepal" by Global Finance magazine and "Bank of the Year" by The Banker
magazine.

Key Data:

As of 2021, Nabil Bank has total assets of NPR 282.4 billion (approximately USD 2.4 billion) and a net
profit of NPR 4.1 billion (approximately USD 34.4 million). Its market capitalization is approximately NPR
62.3 billion (approximately USD 522.3 million).

Management Team:

As of 2021, the management team of Nabil Bank includes Mr. Shambhu Prasad Poudyal as the Chairman
of the Board of Directors and Mr Gyanendra Prasad Dhungana as the Chief Executive Officer.
Standard Charterd Bank

Establishment:

Standard Chartered Bank Nepal (SCBN) was established in 1987 as a joint venture between Standard
Chartered Bank and the Government of Nepal. The bank operates as a subsidiary of Standard Chartered
PLC, a British multinational banking and financial services company.

Ownership:

Standard Chartered Bank Nepal is owned by Standard Chartered PLC, which is listed on the London
Stock Exchange and has a presence in over 60 countries worldwide.

Mission and Vision:

The bank's mission is to be the leading international bank in Nepal, offering a range of innovative
products and services to its customers. Its vision is to be the bank of choice for customers in Nepal by
providing world-class financial solutions.

Key Milestones and Achievements:

1. Network Expansion: Standard Chartered Bank Nepal has a network of 10 branches and 17 ATMs
across Nepal. The bank has also established correspondent banking relationships with over 100 banks
worldwide.

2. Digital Banking: Standard Chartered Bank Nepal has been a leader in digital banking in Nepal, offering
a range of digital products and services such as internet banking, mobile banking, and digital payment
solutions. The bank has also launched several innovative digital initiatives, including a chatbot for
customer service and a digital account opening platform.

3. Corporate Social Responsibility: Standard Chartered Bank Nepal has been actively involved in various
social and environmental initiatives in Nepal. The bank has supported several programs in areas such as
education, health, and sustainable development.

4. Awards and Recognitions: Standard Chartered Bank Nepal has received several awards and
recognitions over the years, including "Bank of the Year" by The Banker magazine and "Best Bank in
Nepal" by Euromoney magazine.

Key Data:

As of 2021, Standard Chartered Bank Nepal has total assets of NPR 59.7 billion (approximately USD 501
million) and a net profit of NPR 2.5 billion (approximately USD 21 million). Its market share is
approximately 9% in the Nepalese banking industry.

Management Team:

As of 2021, the management team of Standard Chartered Bank Nepal includes Mr. Subhakanta Kanungo
as the CEO and Mr. Aashish Bista as the Chairman of the Board of Directors.
Nepal SBI Bank

Establishment:

Nepal SBI Bank Ltd. (NSBL) was established in 1993 as a joint venture between State Bank of India (SBI)
and the Employees Provident Fund (EPF) of Nepal. The bank operates as a subsidiary of SBI, a leading
public sector bank in India.

Ownership:

Nepal SBI Bank is owned by State Bank of India, which is a government-owned bank and is the largest
bank in India in terms of assets, deposits, and branches.

Mission and Vision:

The bank's mission is to provide world-class banking services to its customers in Nepal and contribute to
the economic growth of the country. Its vision is to be the most preferred bank in Nepal by offering
innovative products and services to its customers.

Key Milestones and Achievements:

1. Network Expansion: Nepal SBI Bank has a network of 109 branches and 135 ATMs across Nepal,
making it one of the largest banks in the country. The bank has also established correspondent banking
relationships with over 200 banks worldwide.

2. Digital Banking: Nepal SBI Bank has been a leader in digital banking in Nepal, offering a range of digital
products and services such as internet banking, mobile banking, and digital payment solutions. The bank
has also launched several innovative digital initiatives, including a mobile wallet and a digital account
opening platform.

3. Corporate Social Responsibility: Nepal SBI Bank has been actively involved in various social and
environmental initiatives in Nepal. The bank has supported several programs in areas such as education,
health, and disaster relief.

4. Awards and Recognitions: Nepal SBI Bank has received several awards and recognitions over the
years, including "Bank of the Year" by The Banker magazine and "Best Bank in Nepal" by Euromoney
magazine.

Key Data:

As of 2021, Nepal SBI Bank has total assets of NPR 143.8 billion (approximately USD 1.2 billion) and a net
profit of NPR 1.9 billion (approximately USD 16 million). Its market share is approximately 12% in the
Nepalese banking industry.

Management Team:

As of 2021, the management team of Nepal SBI Bank includes Mr. Ramesh Kumar Silwal as the CEO and
Mr. Ananta Raj Bajracharya as the Chairman of the Board of Directors.
Himalayan Bank

Establishment:

Himalayan Bank Limited was established in 1993 as a joint venture between Habib Bank Limited of
Pakistan and the Nepalese government's public enterprises, the Employees Provident Fund and Rastriya
Beema Sansthan.

Ownership:

Himalayan Bank Limited is a joint venture between Habib Bank Limited of Pakistan and the Nepalese
government's public enterprises.

Mission and Vision:

The bank's mission is to provide quality banking services to its customers and contribute to the growth
and development of Nepal's economy. Its vision is to be a leading bank in Nepal that delivers value to all
stakeholders.

Key Milestones and Achievements:

1. Network Expansion: Himalayan Bank has a network of 48 branches and 48 ATMs across Nepal, making
it one of the largest banks in the country. The bank has also established correspondent banking
relationships with over 100 banks worldwide.

2. Digital Banking: Himalayan Bank has been a leader in digital banking in Nepal, offering a range of
digital products and services such as internet banking, mobile banking, and digital payment solutions.

3. Corporate Social Responsibility: Himalayan Bank has been actively involved in various social and
environmental initiatives in Nepal. The bank has supported several programs in areas such as education,
health, and disaster relief.

4. Awards and Recognitions: Himalayan Bank has received several awards and recognitions over the
years, including "Bank of the Year" by The Banker magazine and "Best Bank in Nepal" by Euromoney
magazine.

Key Data:

As of 2021, Himalayan Bank has total assets of NPR 144.24 billion (approximately USD 1.2 billion) and a
net profit of NPR 3.53 billion (approximately USD 30 million). Its market share is approximately 14% in
the Nepalese banking industry.

Management Team:

As of 2021, the management team of Himalayan Bank includes Mr. Ashoke SJB Rana as the CEO and Mr.
Ashok Sherchan as the Chairman of the Board of Directors.
Everest Bank Limited

Establishment:

Everest Bank Limited (EBL) was established in 1994 as a joint venture between Punjab National Bank of
India and a group of prominent Nepalese businessmen.

Ownership:

Everest Bank Limited is a joint venture between Punjab National Bank of India and a group of prominent
Nepalese businessmen.

Mission and Vision:

The bank's mission is to provide innovative and customized banking products and services to its
customers, while its vision is to be the most preferred bank in Nepal.

Key Milestones and Achievements:

1. Network Expansion: Everest Bank Limited has a network of 94 branches, 28 revenue collection
counters, and 119 ATMs across Nepal, making it one of the largest banks in the country.

2. Digital Banking: Everest Bank Limited has been a pioneer in introducing digital banking services in
Nepal. The bank offers a range of digital products and services such as internet banking, mobile banking,
and online payment solutions.

3. Corporate Social Responsibility: Everest Bank Limited has been actively involved in various social and
environmental initiatives in Nepal. The bank has supported several programs in areas such as education,
health, and disaster relief.

4. Awards and Recognitions: Everest Bank Limited has received several awards and recognitions over the
years, including "Best Bank in Nepal" by FinanceAsia and "Bank of the Year" by The Banker magazine.

Key Data:

As of 2021, Everest Bank Limited has total assets of NPR 225.3 billion (approximately USD 1.9 billion) and
a net profit of NPR 2.28 billion (approximately USD 19 million). Its market share is approximately 10% in
the Nepalese banking industry.

Management Team:

As of 2021, the management team of Everest Bank Limited includes Mr. Gajendra Kumar Negi as the
CEO and Mr. Shambhu Prasad Poudyal as the Chairman of the Board of Directors.
NIC Asia Bank

Establishment:

NIC Asia Bank was established in 1998 as Nepal Industrial and Commercial Bank Limited. The bank was
later renamed NIC Asia Bank after it merged with Bank of Asia Nepal in 2013.

Ownership:

NIC Asia Bank is a public limited company, with shares listed on the Nepal Stock Exchange. The bank is
owned by a group of prominent Nepalese businessmen and institutional investors.

Mission and Vision:

The bank's mission is to provide excellent banking services to its customers and stakeholders, while its
vision is to become the leading bank in Nepal by offering innovative and customized banking solutions.

Key Milestones and Achievements:

1. Network Expansion: NIC Asia Bank has a network of 301 branches, 75 revenue collection counters,
and 366 ATMs across Nepal, making it one of the largest banks in the country.

2. Digital Banking: NIC Asia Bank has been a pioneer in introducing digital banking services in Nepal. The
bank offers a range of digital products and services such as internet banking, mobile banking, and online
payment solutions.

3. Corporate Social Responsibility: NIC Asia Bank has been actively involved in various social and
environmental initiatives in Nepal. The bank has supported several programs in areas such as education,
health, and disaster relief.

4. Awards and Recognitions: NIC Asia Bank has received several awards and recognitions over the years,
including "Best Bank in Nepal" by Euromoney and "Bank of the Year" by The Banker magazine.

Key Data:

As of 2021, NIC Asia Bank has total assets of NPR 467.2 billion (approximately USD 3.9 billion) and a net
profit of NPR 6.7 billion (approximately USD 56 million). Its market share is approximately 12% in the
Nepalese banking industry.

Management Team:

As of 2021, the management team of NIC Asia Bank includes Mr. Roshan Kumar Neupane as the CEO
and Mr. Jagdish Prasad Agrawal as the Chairman of the Board of Directors.
Kumari Bank Limited

Establishment:

Kumari Bank Limited was established in 2001 as a regional bank in Nepal. The bank was granted a "Class
A" license by Nepal Rastra Bank in 2007, allowing it to operate throughout the country.

Ownership:

Kumari Bank Limited is a public limited company, with shares listed on the Nepal Stock Exchange. The
bank is owned by a group of prominent Nepalese businessmen and institutional investors.

Mission and Vision:

The bank's mission is to provide world-class banking services to its customers, while its vision is to be the
most trusted and respected bank in Nepal.

Key Milestones and Achievements:

1. Network Expansion: Kumari Bank Limited has a network of 123 branches, 17 extension counters, and
149 ATMs across Nepal, making it one of the largest banks in the country.

2. Digital Banking: Kumari Bank Limited has been a leader in introducing digital banking services in
Nepal. The bank offers a range of digital products and services such as internet banking, mobile banking,
and online payment solutions.

3. Corporate Social Responsibility: Kumari Bank Limited has been actively involved in various social and
environmental initiatives in Nepal. The bank has supported several programs in areas such as education,
health, and disaster relief.

4. Awards and Recognitions: Kumari Bank Limited has received several awards and recognitions over the
years, including "Best Bank in Nepal" by Euromoney and "Bank of the Year" by The Banker magazine.

Key Data:

As of 2021, Kumari Bank Limited has total assets of NPR 168.7 billion (approximately USD 1.4 billion) and
a net profit of NPR 1.9 billion (approximately USD 16 million). Its market share is approximately 4% in
the Nepalese banking industry.

Management Team:

As of 2021, the management team of Kumari Bank Limited includes Mr. Surendra Bahadur Nepali as the
CEO and Mr. Dinesh Kumar Agrawal as the Chairman of the Board of Directors.
Laxmi Bank Limited

Establishment:

Laxmi Bank Limited was established in 2002 as a regional bank in Nepal. The bank was granted a "Class
A" license by Nepal Rastra Bank in 2004, allowing it to operate throughout the country.

Ownership:

Laxmi Bank Limited is a public limited company, with shares listed on the Nepal Stock Exchange. The
bank is owned by a group of Nepalese and foreign investors.

Mission and Vision:

The bank's mission is to provide innovative and world-class banking solutions to its customers, while its
vision is to be the most preferred and valuable financial partner for all stakeholders.

Key Milestones and Achievements:

1. Network Expansion: Laxmi Bank Limited has a network of 108 branches, 123 ATMs, and 24 branchless
banking centers across Nepal, making it one of the largest banks in the country.

2. Digital Banking: Laxmi Bank Limited has been at the forefront of introducing digital banking services in
Nepal. The bank offers a range of digital products and services such as mobile banking, internet banking,
and online payment solutions.

3. Corporate Social Responsibility: Laxmi Bank Limited has been actively involved in various social and
environmental initiatives in Nepal. The bank has supported several programs in areas such as education,
health, and disaster relief.

4. Awards and Recognitions: Laxmi Bank Limited has received several awards and recognitions over the
years, including "Best Bank in Nepal" by Global Finance magazine and "Bank of the Year" by The Banker
magazine.

Key Data:

As of 2021, Laxmi Bank Limited has total assets of NPR 167.4 billion (approximately USD 1.4 billion) and
a net profit of NPR 1.7 billion (approximately USD 14 million). Its market share is approximately 4% in
the Nepalese banking industry.

Management Team:

As of 2021, the management team of Laxmi Bank Limited includes Mr. Ajaya Bikram Shah as the CEO
and Mr. Raman Nepal as the Chairman of the Board of Directors.
Siddhartha Bank Limited

Establishment:

Siddhartha Bank Limited was established in 2002 as a regional bank in Nepal. The bank was granted a
"Class A" license by Nepal Rastra Bank in 2006, allowing it to operate throughout the country.

Ownership:

Siddhartha Bank Limited is a public limited company, with shares listed on the Nepal Stock Exchange.
The bank is owned by a group of Nepalese and foreign investors.

Mission and Vision:

The bank's mission is to provide innovative and customer-centric financial solutions to its clients, while
its vision is to be the preferred bank for all stakeholders.

Key Milestones and Achievements:

1. Network Expansion: Siddhartha Bank Limited has a network of 120 branches, 106 ATMs, and 4
extension counters across Nepal, making it one of the largest banks in the country.

2. Digital Banking: Siddhartha Bank Limited has been at the forefront of introducing digital banking
services in Nepal. The bank offers a range of digital products and services such as mobile banking,
internet banking, and online payment solutions.

3. Corporate Social Responsibility: Siddhartha Bank Limited has been actively involved in various social
and environmental initiatives in Nepal. The bank has supported several programs in areas such as
education, health, and disaster relief.

4. Awards and Recognitions: Siddhartha Bank Limited has received several awards and recognitions over
the years, including "Bank of the Year" by The Banker magazine and "Best Bank in Nepal" by Global
Finance magazine.

Key Data:

As of 2021, Siddhartha Bank Limited has total assets of NPR 211.6 billion (approximately USD 1.8 billion)
and a net profit of NPR 3.3 billion (approximately USD 28 million). Its market share is approximately 5%
in the Nepalese banking industry.

Management Team:

As of 2021, the management team of Siddhartha Bank Limited includes Mr. Suresh Basnet as the CEO
and Mr. Ratna Raj Bajracharya as the Chairman of the Board of Directors.
Prime Commercial Bank

Establishment:

Prime Commercial Bank Limited (PCBL) was established in 2007 as a regional bank in Nepal. The bank
was granted a "Class A" license by Nepal Rastra Bank in 2011, allowing it to operate throughout the
country.

Ownership:

Prime Commercial Bank is a public limited company, with shares listed on the Nepal Stock Exchange. The
bank is owned by a group of Nepalese and foreign investors.

Mission and Vision:

The bank's mission is to be a leading bank in Nepal, providing high-quality banking services to its
customers. Its vision is to create long-term value for all stakeholders.

Key Milestones and Achievements:

1. Network Expansion: Prime Commercial Bank has a network of 119 branches, 2 extension counters,
and 115 ATMs across Nepal, making it one of the largest banks in the country.

2. Digital Banking: Prime Commercial Bank has been actively investing in digital banking solutions to
improve customer experience. The bank offers services such as mobile banking, internet banking, and
online payment solutions.

3. Corporate Social Responsibility: Prime Commercial Bank has been involved in various social and
environmental initiatives in Nepal. The bank has supported programs in areas such as education, health,
and disaster relief.

4. Awards and Recognitions: Prime Commercial Bank has received several awards and recognitions over
the years, including "Best Commercial Bank in Nepal" by Global Business Outlook and "Banking
Excellence Award" by Frost & Sullivan.

Key Data:

As of 2021, Prime Commercial Bank has total assets of NPR 224.8 billion (approximately USD 1.9 billion)
and a net profit of NPR 3.25 billion (approximately USD 28 million). Its market share is approximately 5%
in the Nepalese banking industry.

Management Team:

As of 2021, the management team of Prime Commercial Bank includes Mr. Narayan Das Manandhar as
the CEO and Mr. Suman Kumar Thapa as the Chairman of the Board of Directors.
Sunrise Commercial Bank

Establishment:

Sunrise Commercial Bank Limited (SCBL) was established in 2007 as a regional bank in Nepal. The bank
was granted a "Class A" license by Nepal Rastra Bank in 2014, allowing it to operate throughout the
country.

Ownership:

Sunrise Commercial Bank is a public limited company, with shares listed on the Nepal Stock Exchange.
The bank is owned by a group of Nepalese and foreign investors.

Mission and Vision:

The bank's mission is to be a leading bank in Nepal, providing innovative and customer-centric banking
solutions. Its vision is to create value for all stakeholders by offering world-class banking services.

Key Milestones and Achievements:

1. Network Expansion: Sunrise Commercial Bank has a network of 90 branches, 2 extension counters,
and 112 ATMs across Nepal, making it one of the fastest-growing banks in the country.

2. Digital Banking: Sunrise Commercial Bank has been at the forefront of digital banking in Nepal. The
bank offers a wide range of digital services, including mobile banking, internet banking, and online
payment solutions.

3. Corporate Social Responsibility: Sunrise Commercial Bank has been actively involved in social and
environmental initiatives in Nepal. The bank has supported programs in areas such as education, health,
and disaster relief.

4. Awards and Recognitions: Sunrise Commercial Bank has received several awards and recognitions
over the years, including "Best Bank in Nepal" by The Asian Banker and "Banking Excellence Award" by
Frost & Sullivan.

Key Data:

As of 2021, Sunrise Commercial Bank has total assets of NPR 182.7 billion (approximately USD 1.5
billion) and a net profit of NPR 1.89 billion (approximately USD 16 million). Its market share is
approximately 4% in the Nepalese banking industry.

Management Team:

As of 2021, the management team of Sunrise Commercial Bank includes Mr. Robin Kumar Nepal as the
CEO and Mr. Ravi Singh as the Chairman of the Board of Directors.
Citizen Bank International

Citizens Bank International Limited is one of the leading commercial banks in Nepal, providing a wide
range of banking services to individuals, businesses, and institutions. Here is a brief overview of the
bank:

Establishment: Citizens Bank International Limited was established in 2007 AD (2063 BS) with the aim of
providing world-class banking services to the people of Nepal.

Ownership: The bank is a public limited company, and its shares are listed on the Nepal Stock Exchange.
The bank's major shareholders include prominent Nepalese business groups, including Chaudhary
Group, Khetan Group, and Golchha Organization.

Mission and Vision: The bank's mission is to be a leading bank in Nepal, providing innovative and
customer-centric financial solutions. Its vision is to be the most preferred bank in the country.

Key Milestones and Achievements:

- The bank has a wide network of branches and ATMs across the country, providing easy access to
banking services for customers.

- It has introduced several innovative products and services, such as mobile banking, internet banking,
and SMS banking.

- The bank has received various awards and recognition for its excellent performance, including "Bank of
the Year" award in 2018 and 2019 by The Banker, a UK-based financial magazine.

- In 2020, the bank achieved a net profit of NPR 3.05 billion and a total deposit of NPR 105.95 billion.

- The bank has been actively involved in various corporate social responsibility (CSR) activities, including
supporting education, health, and environment.

Management Team:

The bank's management team comprises experienced professionals from the banking and financial
industry. Mr. Rajan Singh Bhandari is the current CEO of Citizens Bank International Limited.
Machhapuchchhre Bank Limited

Machhapuchchhre Bank Limited was established in 2000 AD as the first regional commercial bank of
western Nepal. The bank has its headquarters in Pokhara, Nepal.

Ownership: The bank is a public limited company and is listed on the Nepal Stock Exchange. The bank
has a diversified ownership structure with various individual and institutional shareholders.

Mission and Vision: The bank's mission is to become the preferred bank for customers, employees, and
stakeholders, providing innovative and sustainable financial solutions. The bank's vision is to be a
leading and dynamic bank in Nepal, creating value for all stakeholders.

Key Milestones and Achievements: Machhapuchchhre Bank Limited has achieved several milestones
since its establishment. Some of the notable achievements include:

Became the first regional commercial bank in Western Nepal.

Established correspondent banking relationships with more than 400 international banks.

Received the "Best Bank in Nepal" award from the Global Finance Magazine for five consecutive years
(2015-2019).

Received the "Excellence in Corporate Governance" award from the Institute of Chartered Accountants
of Nepal (ICAN) in 2017 and 2018.

Established a remittance partnership with Western Union in 2019.

Key Data: As of September 2021, the key financial data of Machhapuchchhre Bank Limited are as
follows:

Total assets: NPR 117.66 billion

Net profit after tax: NPR 2.52 billion

Number of branches: 131

Number of ATMs: 201

Number of employees: 2,068

Management Team: The current management team of Machhapuchchhre Bank Limited includes:

Mr. Bhuwan Kumar Dahal: CEO

Mr. Santosh Koirala: Deputy CEO

Mr. Raj Kumar Khanal: Chief Operating Officer

Mr. Niranjan Man Singh Basnet: Chief Business Officer

Mr. Anil Kumar Sharma: Chief Financial Officer.

Sanima Bank Limited

Sanima Bank Limited is one of the leading commercial banks in Nepal. Establishment: Sanima Bank
Limited was established in 2004 AD as a national level commercial bank.

Ownership: The bank is a public limited company incorporated under the Companies Act, 2063, and is
licensed by the Nepal Rastra Bank, the central bank of Nepal. The bank's shares are listed on the Nepal
Stock Exchange.

Mission: The bank's mission is to be a "premier bank in Nepal, excelling in customer delivery through
insight, empowered employees, and smart use of technology."

Vision: Sanima Bank's vision is to "become the most admired bank in Nepal by all stakeholders -
customers, shareholders, employees, and regulators."

Key Milestones and Achievements:

The bank launched its operations in 2004 AD with a single branch in Lalitpur district.

In 2010 AD, Sanima Bank acquired Bank of Asia Nepal, which helped the bank to expand its network and
customer base.

The bank now has over 100 branches and more than 150 ATMs across the country.

In 2020, Sanima Bank was recognized as the "Best Bank in Nepal" by the Global Banking & Finance
Review Awards.

Key Data:

Total assets: NPR 197.61 billion (as of mid-April 2022)

Net profit: NPR 3.06 billion (2020)

Number of employees: Over 3,000 (as of mid-April 2022)

Management Team:

Mr. Binaya Kumar Shrestha: Chairman

Mr. Bhuvan Kumar Dahal: CEO

Mr. Rajan Singh Bhandari: Deputy CEO

Global IME Bank

Establishment:

Global IME Bank was established in 2007, following the merger of Global Bank Limited and IME Financial
Institution. The bank started its operations in 2008 and since then, it has grown to become one of the
top commercial banks in Nepal.

Ownership:

Global IME Bank Limited is a joint venture between Global IME Bank Limited and Janata Bank Nepal
Limited, with the former holding a majority stake of 76.83%.

Mission and Vision:

The mission of Global IME Bank is to provide innovative and quality banking services to its customers.
The bank's vision is to become the most preferred bank in Nepal by delivering excellent customer
service, utilizing the latest technology, and maintaining high ethical standards.

Key Milestones and Achievements:

- In 2020, Global IME Bank was ranked as the second-best bank in Nepal by the Asian Banker magazine.

- The bank has a strong presence in Nepal, with 221 branches, 230 ATMs, and over 3,500 POS terminals
across the country.

- Global IME Bank has been expanding its digital services, including mobile banking and online banking,
to provide convenient and efficient banking services to its customers.

- The bank has been actively involved in corporate social responsibility (CSR) activities, supporting
various social causes such as education, health, and environment.

Key Data:

- Total assets: NPR 290.84 billion (as of mid-April 2023)

- Net profit after tax: NPR 5.09 billion (FY 2021/22)

- Capital adequacy ratio: 15.91% (as of mid-April 2023)

- Number of employees: over 3,500 (as of mid-April 2023)

Management Team:

- Mr. Chandra Prasad Dhakal: Chairman

- Mr. Janak Sharma Poudyal: Chief Executive Officer (CEO)

- Mr. Anil Shah: Director and CEO of Mega Bank Nepal Limited (a subsidiary of Global IME Bank)
Prabhu Bank Limited

Prabhu Bank Limited is a commercial bank in Nepal established in 2007. The bank is owned by a group of
prominent business people, professionals, and bankers. Its headquarters is located in Kathmandu,
Nepal.

The mission of Prabhu Bank is to be a preferred and trusted partner for financial solutions, and to create
value for all stakeholders by delivering reliable, innovative, and customized financial services. Its vision is
to be the most preferred and trusted bank in Nepal.

In its journey, Prabhu Bank has achieved several milestones. It has expanded its network to over 200
branches, 200 ATM terminals, and 24/7 banking services through internet and mobile banking. It has
been able to increase its deposit base, loan portfolio, and profitability over the years.

Some of the key achievements of Prabhu Bank include receiving "Bank of the Year" award from London-
based financial magazine "The Banker" in 2015, and being listed as one of the top 1000 banks in the
world by "The Banker" in 2019.

As of March 2021, Prabhu Bank has a total deposit of NPR 148.18 billion and a total loan portfolio of NPR
125.96 billion. Its net profit for the fiscal year 2019/2020 was NPR 1.32 billion.

The management team of Prabhu Bank consists of experienced professionals in the banking and finance
industry. The current CEO of Prabhu Bank is Mr. Ashok Sherchan.
NMB Bank Limited

NMB Bank Limited is a commercial bank in Nepal, established in 2008 as a merger between two other
banks. The bank is jointly owned by Nepali and international shareholders, with NMB Capital being the
largest domestic shareholder and FMO, a Dutch development bank, being the largest international
shareholder.

Mission and Vision:

NMB Bank's mission is to be a "trusted partner in progress by delivering superior financial solutions and
outstanding service to our clients, while generating sustainable returns to our shareholders." Its vision is
to be "the preferred financial solutions provider in Nepal."

Key Milestones and Achievements:

- In 2013, NMB Bank was recognized as "The Bank of the Year" in Nepal by The Banker magazine.

- In 2018, NMB Bank became the first bank in Nepal to issue a green bond, raising $15 million to finance
renewable energy and energy-efficient projects in the country.

- As of 2021, NMB Bank has a network of 115 branches and 115 ATMs across Nepal, serving over 1.6
million customers.

- In 2021, NMB Bank was ranked as the fourth-largest bank in Nepal in terms of total assets.

Key Data:

- Total Assets (as of June 2021): NPR 179.18 billion (approx. USD 1.5 billion)

- Net Profit (FY 2020/21): NPR 4.53 billion (approx. USD 38 million)

- Number of Employees (as of June 2021): 2,261

Management Team:

- Chairman: MR. Pawan Kumar Golyan

- CEO: Mr. Sunil KC

- Deputy CEO: Mr. Arvind Kumar Sharma