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Increasing number of banks in Narayangadh
Banks in Nepal

Clean Energy Development Bank
CEDB is dedicated to Clean Energy Sector of Nepal for which our technical collaboration with "Winrock International" an INGO, is being supported by USAID/Nepal. CEDB began its operation from 07 September 2006 with wide range of banking products and services
 Nirdhan Utthan Bank
the bank for upliftment of the poor" is a microfinance bank established in November 1998. It provides microfinance services such as Loans, Deposits, Micro-insurance and Remittance services to rural poor of Nepal
Rastriya Banijya Bank
fully government owned & largest commercial bank in Nepal. provides various banking services to a wide range of customers including banks, insurance companies, industrial trading houses, airlines, hotels, and many other sectors. RBB has Nepal's most extensive banking network with over 113 branches.
Nic bank - life savings account
NIC Life savings account for ensuring of your savings, high return & your financial & personal security
Standard Chartered
At standard Chartered we believe in being the right partner to our customers. Our home advantage scheme offers a wide range of loans at very attractive rates
Siddhartha bank limited
 Nepal Investment Bank
Development credit bank

 
News item 09-5-2009

Narayangadh has lately seen a sudden outburst of opening of new bank outlets. In the main market of this emerging commercial hub, the number of banks has now exceeded the number of shops and shopping complexes. Virtually, there is now one bank after each house in the market that stretches one kilometer from Pulchowk to Lions Chowk. As a result, new banks penetrating into the city are finding it difficult to get adequate space for their new outlets. In the last two years, most of the major commercial banks that expanded their network in Chitwan district have opened their branches in Narayangadh´s main market. Every month at least one new branch is coming into existence here. Just a few days ago Bank of Asia Nepal opened its outlet here, taking the number of banks opening their branches in Chitwan to 25. In a few days time Himchuli Bikas Bank is opening its shop here, which will take the number to 26. On top of all these banks, there are also 30 finance companies here. "One of the reasons why major banks are eyeing this city is because it is considered as second capital of the country,"

 

Read more about Narayangadh becoming a city of banks

 

Other banking news and articles:

New bank in offing  (23-03-2009)
 Citizens Bank International Initial Public Offerings oversubscribed (12-02-2009)
remittance service Sunrise bank Nepal (02-02-2009)
Gurkha Bikash Bank opens fourth ATM in Nepal (6-12-2008)
 increasing number of banks in Nepal (29-11-2008)
Citizens Bank International launches three saving schemes in Nepal (17-11-2008)
Competition Nepali banking sector (3-11-2008)
 Nepal Rastra Bank tightens minimum reserve rules for banks (23-10-2008)
Nbbil bank provides dividend (15-7-2007)
Total deposits at the banking sector grew by over 10 percent (24-6-2007)
ADBL reduces non performing loans (8-6-2007)
banks move to rural areas (3-6-2007)
Salaries of Nepali bank's CEOs (5-5-2007)
Laxmi Bank opens branch in Pokhara (26-4-2007)
 Citizens Bank International kicks off commercial operation (21-4-2007)

 

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