The commercial banks are those banks, which are established to accept deposits and grant loan to the industries, individual and traders with a view to earn profit. Apart from financing, they also render services like collection of bills and cheques, safekeeping of valuables, financial advising etc. to their customer
| S.no | Commercial Banks | Head Office |
| 1 | Nepal Bank Limited | Dharmapath |
| 2 | Rastriya Banijya Bank | Singhadurbar Plaza |
| 3 | NABIL Bank Ltd. | Nabil house, Kamaladi |
| 4 | Nepal Investment Bank Ltd. | Durbar Marg |
| 5 | Standard Chartered Bank Nepal Ltd. | New Baneswor |
| 6 | Himalayan Bank Ltd. | Tridevi Marg |
| 7 | Nepal SBI Bank Ltd. | Hattisar |
| 8 | Nepal Bangladesh Bank Ltd. | New Baneswor |
| 9 | Everest Bank Ltd. | Lazimpat |
| 10 | Bank of Kathmandu Ltd. | Kamaladi |
| 11 | Nepal Credit and Commerce Bank Ltd. | Siddhartha nagar |
| 12 | Lumbini Bank Ltd. | Narayangadh |
| 13 | Nepal Industrial and Commercial Bank Ltd. | Biratnagar |
| 14 | Machhapuchhre Bank Ltd. | Pokhara |
| 15 | Kumari Bank Ltd. | Putalisadak |
| 16 | Laxmi Bank Ltd. | Birgunj |
| 17 | Siddhartha Bank Ltd. | Kathmandu |
| 18 | Agriculture Development Bank Ltd. | Kathmandu |
| 19 | Global Bank Ltd. | Birgunj |
| 20 | Citizens Bank International Ltd. | Kamaladi |
| 21 | Prime Commercial Bank Ltd. | Newroad |
| 22 | Bank of Asia Nepal Ltd. | Tripureshwor |
| 23 | Sunrise Bank Ltd. | Gairidhara |
| 24 | Development Credit Bank Ltd. | Kamaladi |
| 25 | NMB Bank Ltd. | Babarmahal |
| 26 | KIST Bank Ltd. | Anamnagar |
Although bank can be categorized into different types on the basic of its function, objectives etc, World Bank always refers to the commercial bank.1 Basically the functions of commercial bank all over the world are same of Basic functions are various types of deposits facility namely currently save and fixed safety of public money remittance of money guarantee locker facilities, letter of credit, loans serving as agent of credit, foreign exchange, etc. The commercial banks of Nepal also do all these functions
Mainstream function of commercial bank remains the mobilization rigid and scattered saving of public for providing credit to needy firm industry or people to get productive use. All other function can be said as auxiliary function. Commercial banks are a profit oriented financial service institution where certain amount of interest is given to the deposits and a certain rate of interest is charge by the bank in the loan facility. The second charge interest rate is higher than the first. It is the main earning of the bank.
No comments:
Post a Comment