Question 1

What is NMB Bank?

Accepted Answer

NMB Bank is a leading commercial bank in Nepal headquartered in Kathmandu. Licensed as an "A" class financial institution by Nepal Rastra Bank, the country's central bank, NMB Bank operates 202 branches across Nepal providing comprehensive retail and commercial banking services.

The bank is publicly traded on the Nepal Stock Exchange and maintains a strategic partnership with the Netherlands Development Finance Company (FMO), a Dutch development bank that holds 13.69% of the bank's shares as its largest shareholder. NMB Bank has a paid-up capital of approximately NPR 18.37 billion as of FY 2023/24.

Question 2

When was NMB Bank founded?

Accepted Answer

NMB Bank was founded in May 2008 through a transformative merger of four financial institutions: Bhrikuti Development Bank, Pathibhara Bikas Bank, Prudential Finance Company, and Clean Energy Development Bank. The bank evolved from Nepal Merchant Banking and Finance Ltd., which had been operating in the Nepalese financial market since the 1990s.

In September 2016, NMB Bank entered into a joint venture agreement with FMO, which became the single largest shareholder. This partnership positioned NMB Bank as a market leader in managing environmental and social risks, with particular focus on renewable energy and agribusiness financing. In September 2019, the bank further expanded by acquiring Om Development Bank.

Question 3

Where is NMB Bank headquartered?

Accepted Answer

NMB Bank is headquartered in Kathmandu, the capital city of Nepal. The bank maintains a strong physical presence throughout the country with a nationwide network that includes 202 branches, 184 ATMs, and 9 extension counters across Nepal.

This extensive infrastructure complements the bank's digital offerings, ensuring balanced financial inclusion for both urban and rural populations.

Question 4

Where does NMB Bank operate?

Accepted Answer

NMB Bank operates exclusively throughout Nepal with 202 branches distributed across the country's provinces and districts. The bank has established presence in both urban centers and rural areas, ensuring comprehensive geographic coverage within Nepal.

The extensive branch network spans from metropolitan areas to remote regions, making banking services accessible to diverse communities across the nation.

Question 5

What services does NMB Bank offer?

Accepted Answer

NMB Bank provides a comprehensive range of banking services including:

Retail Banking: Savings accounts (including specialized accounts for women, youth, and senior citizens), fixed deposits, current accounts, and various loan products including home loans, education loans, auto loans, personal loans, and loans against property.

Commercial Banking: Business accounts, project financing, working capital loans, and specialized financing for renewable energy and hydropower projects.

Digital Services: NMB Omnichannel platform offering unified access across mobile and desktop devices, internet banking (e-banking), mobile banking app with SMS banking capabilities, QR code payments, 3D secure online transactions, and Video KYC services.

Payment Solutions: Visa debit and credit cards with access to over 400,000 ATMs and 2.5 million POS terminals across India and Nepal, international remittance services, utility bill payments, and integration with e-Sewa and Flywire for global payments.

Investment Services: Through subsidiaries including NMB Capital Limited, NMB Securities Limited, and Demat account services for stock trading.

Other Services: Safe deposit lockers, EMI calculators, merchant banking services, and microfinance through NMB Laghubitta Bittiya Sanstha Limited.

Question 6

What makes NMB Bank unique?

Accepted Answer

NMB Bank distinguishes itself through several notable achievements and characteristics:

Award-Winning Digital Innovation: The bank won the Digital Services ICT Award 2025 for the Enterprise Sector and was named "Bank of the Year in Nepal" by The Banker (Financial Times) for four times in five years (2017, 2018, 2021). Most notably, NMB Bank became the first Nepali bank to win "Bank of the Year Asia 2021," beating competition from major Asian economies.

Sustainable Banking Leadership: NMB Bank is a member of the Global Alliance for Banking on Values (GABV) and the Partnership for Carbon Accounting Financials. The bank leads in renewable energy and hydropower project financing, aligning with Nepal's economic development priorities. In 2025, the bank launched Green Savings Deposits specifically for renewable energy projects.

Strategic International Partnership: The joint venture with FMO provides access to international expertise in environmental and social risk management, corporate governance, and sustainable finance practices.

Industry Firsts: NMB Bank has pioneered several innovations in Nepal's banking sector including the first local currency energy bond issuance, the first foreign debt deal, Video KYC implementation, and digitized automated lending through its NMB Sapati product.

Question 7

What type of financial institution is NMB Bank?

Accepted Answer

NMB Bank is classified as an "A" class commercial bank under Nepal's banking regulatory framework. This designation represents the highest category of financial institutions in Nepal, authorized to provide the full spectrum of commercial banking services.

As a commercial bank, NMB Bank is licensed to accept deposits, provide loans, facilitate payments, and offer a complete range of financial services to both individual and corporate clients. The bank operates as a universal banking institution, combining retail banking, commercial banking, and investment services through its subsidiaries. This classification is regulated and supervised by Nepal Rastra Bank, the country's central banking authority.

Question 8

What are NMB Bank's subsidiaries?

Accepted Answer

NMB Bank operates through three key subsidiaries that extend its service capabilities:

NMB Capital Limited: Provides merchant banking and capital market services, enabling corporate advisory, underwriting, and structured financial solutions.

NMB Securities Limited: Offers brokerage and securities trading services, allowing customers to participate in Nepal's capital markets.

NMB Laghubitta Bittiya Sanstha Limited: Operates microfinance services, extending financial inclusion to underserved communities and small entrepreneurs across Nepal.

NMB Bank

in Nepal 🇳🇵

Crypto-Friendliness

All done!

About NMB Bank in Nepal