Development Banks

Sub Groups of the listed Company:

Others

Development Banks

Development banks are 'B' type Financial Institution. On the basis of geographical coverage and activity level, the development banks are three types and these are a) 1- 3 districts type b) 4- 10 districts type and c) national type .

As per th NRB rules the new paid up capital requirement for these development banks are respectively NRs.500 million, 1.2 billion and 2.5 billion and it was previously NRs.100, 200 and 640 millions respectively.

As a result of changed requirement to increase paid up capital , many of then operating development banks have merged or restructured the organization to establish a stronger financial institution. In the process, some development banks acquirred finance companies and improved their positions and some merged with other stronger finance company or development bank or with the commercial bank.

At present there are 37 development banks. The development banks are presented here on alphabetical order stating their classification types. Navigation links are gradually being developed for all banks and it is not given for all the development banks.

SN	National Level	10 District Level	3 Districts Level	1 District Level
1	Deva Bikash Bank	Shine Resunga Development Bank	Bhargab Bikas Bank	Hamro Bikash Bank
2	Gandaki Development Bank	Sewa Bikash Bank	Corporate Development Bank	Kabeli Bikas Bank
3	Garima Bikas Bank		Excel Development bank	Mount Makalu Development Bank
4	Jyoti Bikash Bank		Green Development Bank	Sahara Bikash Bank
5	Kailash Bikas Bank		Kanchan Development Bank	Salapa Bikash Bank
6	Kamana Bikas Bank		Kankai Bikas Bank
7	Lumbini Bikash Bank		Karnali Bikash Bank
8	Mahalaxmi Bikash Bank		Mission Development Bank
9	Muktinath Bikash Bank		Meteri Development Bank
10	OM Development Bank		Nepal Community Development Bank
11	Shangrila Development Bank		Narayani Development Bank
12			Purnima Bikash Bank
14			Sahayogi Bikas Bank
15			Sajha Bikash Bank
16			Sindhu Bikash Bank
17			Tinau Bikas Bank
18			Sapta Koshi Development Bank
19			Western Development Bank
20
	11	2	19	5