Loading AI tools
Largest Commercial Bank of Nepal From Wikipedia, the free encyclopedia
Rastriya Banijya Bank (RBB) (translation: National Commercial Bank; Nepali: राष्ट्रिय वाणिज्य बैंक) is fully government owned, and the largest commercial bank in Nepal.[1][2] RBB was established on January 23, 1966 (2022 Magh 10 BS) under the RBB Act. RBB provides banking services to customers including banks, insurance companies, industrial trading houses, airlines, hotels, and many other sectors.
Company type | Government owned |
---|---|
Industry | Banking |
Founded | 23 January 1966 |
Headquarters | Singha Durbar, Kathmandu, Nepal |
Number of locations | 300+ Branches |
Area served | Nepal |
Key people | Dr.Balaram Pathak Chairman, Devendra Raman Khanal CEO |
Products | Banking, Loans, Credit card, Savings, Investment, Merchant banking |
Number of employees | 3000+ |
Website | rbb |
Constituted under RBB Act 2021 with the full ownership of the government of Nepal, the bank has been running under Bank and Financial Institute Act (BAFIA) and Company Act (CA) 2063. The bank, licensed by NRB[3] as an 'A' class commercial bank of the country, is a component of the Nepalese economy.
The Bank currently has a paid-up capital of Nepalese Rupees 15.64 Billion (as of FY 2023/24) [4]
The bank's subsidiaries are as follows:
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.