Moon Banking

Excel Development Bank

in Nepal 🇳🇵

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About Excel Development Bank in Nepal

Excel Development Bank Limited is a development bank based in Nepal, licensed by Nepal Rastra Bank under the Banking and Financial Regulation Act 2061 B.S. Established as a private sector-promoted public limited company, the bank focuses on providing financial resources to economically viable and productive business sectors, particularly in rural and underserved areas of eastern Nepal.

The bank's central office is located in Birtamode, Jhapa, in the far eastern part of Nepal. Excel Development Bank was promoted by a group of experienced and highly motivated individuals including professional bankers, entrepreneurs, educationalists, and technocrats. The bank trades on the Nepal Stock Exchange (NEPSE) under the symbol "EDBL" and currently operates 37 branches across multiple districts.