Existing banking laws do not allow branch operation by any foreign banks. Department of Commerce utilizes its global presence and international marketing expertise to help U. companies sell their products and services worldwide.
All commercial banks have correspondent banking arrangements with foreign commercial banks, which they use for transfers and payments.
The Bank offers the full range of banking and investment services for personal and corporate customers, backed by the team of highly motivated, young and dynamic professionals.
One of the bank’s primary objectives is to reach out to the common people with a host of helpful products and services that will assure their future prosperity.
Together these 3 state-owned banks still hold nearly 16% of total banking assets and total deposits in the country.
The first two, in particular, also have a large number of non-performing loans.
The Bank has completed years of journey since the inception and has accommodated seven different financial institutions in its making. Counters and 152 ATMs across the country, making it premier private bank in terms of geographical reach and clientele segments with customer base of above 1,000,000.
As the leading banking and financial services group in Nepal, the Bank will be there where growth is, connecting customers to the opportunities, enabling business to thrive and economies to prosper and ultimately helping people to fulfill their hopes and realize their ambitions.