Nepal Rastra Bank has licensed 17 development banks and has classified these on national and province level as per working area. There are 8 national-level development banks and 9 province-level development banks.
1) Muktinath Bikas Bank Limited (MNBBL)
Established on 3 January 2007, MNBBL Muktinath Bikas Bank ranks as one of the leading development Banks in Nepal, serving 1,400,000 delighted customers nationwide and having a balance sheet size of more than NPR 131 billion ($908 million). Muktinath Bikas Bank is dedicated to providing members with top-notch digital services and competitive rates for savings and credit. Maintaining strong corporate governance, transparency, and regulation compliance is imperative as the Bank grows.
- Ownership Structure Promoter Shares 51% Public Shares 49%
- Listed shares 70,469,382 Units
- Market Price Per Share Rs. 367.5
2) Garima Bikas Bank Limited (GBBL)
Garima Bikas Bank Limited, a National Level Development Bank, commenced its commercial operations on the 18th of Kartik, 2064. Through mergers with erstwhile Nilgiri Bikas Bank Limited on 29th of Asadh 2072 and erstwhile Subekshya Bikas Bank Limited on 4th of Ashwin 2073, the bank strengthened its capital base, expanded branch locations, and improved overall operations. After the acquisition of Sahara Bikas Bank Limited on 28th of Kartik 2078, the bank serves 123 branches,1 extension counter, and 51 strategically placed ATMs.
- Ownership Structure Promoter Shares 50.88% Public Shares 49.12%
- Listed Shares 56,805,175 Units
- Market Price Per Share Rs. 380.7
3) Kamana Sewa Bikas Bank Limited (KSBBL)
Kamana Sewa Bikas Bank Limited is a National level development bank promoted by highly prominent business personalities/ groups and reputed individuals of the region who have excelled in their field of business/profession with very good integrity and social standings.
- Ownership Structure Promoter Shares 51% Public Shares 49%
- Listed Shares 3,412,000 Units
- Market Price Per Share Rs. 427.2
4) Lumbini Bikas Bank Limited (LBBL)
Lumbini Bikas Bank is an entity established with the merger of five Banks and Financial Institutions namely Bhajuratna Finance Ltd., Birgunj Finance Ltd., Himichuli Bikas Bank Ltd., Lumbini Finance and Leasing Co. Ltd. and Vibor Bikas Bank Ltd. It has been an emerging name in the field of banking and financial sector of Nepal. It stands with 89 branches, 1 extension counter, 20 ATMs and more than 600 staff providing a wide range of services to more than 15,000 loan customers is the driving force of the bank.
- Ownership Structure Promoter Shares 68.01% Public Shares 31.99%
- Listed Shares 36,236,782 Units
- Market Price Per Share Rs. 461
5) Shine Resunga Development Bank Limited (SHINE)
Shine Resunga Development Bank Limited was established in Butwal-Rupandehi, western Nepal’s economic and industrial center, on Falgun 11, 2065 BS with service regions spanning three districts. After merging with Resunga Bikas Bank on 2069, Chaitra 4 from Gulmi Region, the development bank was renamed Shine Resunga Development Bank Ltd., and its service territories were expanded to ten districts. The development bank was further merged with Gaumukhi Bikas Bank from Pyuthan district on Jestha 29, 2073 BS. With acquisition of Bhaargav Bikas Bank and Purnima Bikas Bank on 2076, Ashwin 27 the development bank was upgraded to a national level development bank on 2076 Mangshir 10.
- Ownership Structure Promoter Shares 51% Public Shares 49%
- Listed Shars 48,757,018 Units
- Market Price Per Share Rs. 407
Development Banks Second Quater Report with Ranking for the Fiscal Year 2081/82
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