Micro Credit Development Banks are licensed by Nepal Rastra Bank in ‘Class D’. Micro Credit Development Banks in Nepal are also playing vital roles for the development of economy status of Nepal. Nepal has many nationalized and private Micro Credit Development Banks. There are 21 Micro Credit Development Banks licensed by NRB in Nepal. All the detail of Micro Credit Development Banks in Nepal on the basis of name, year established head offices, paid up capital are given below:
Class D: Micro Credit Development Banks |
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S.No. |
Names Advertisement |
Operation Date (A.D.) |
Head Office Advertisement |
Paid up Capital |
1 | Purbanchal Grameen Bikas Bank Ltd. | 1993/03/28 | Biratnagar, Morang |
600 Advertisement |
2 | Sudur Pashimanchall Grameen Bikas Bank Ltd. | 1993/03/28 | Dhangadhi, Kailali |
585 |
3 | Pashimanchall Grameen Bikas Bank Ltd. | 1995/04/01 | Butawal, Rupandehi |
660 Advertisement |
4 | Madhya Pashimanchal Grameen Bikas Bank Ltd. | 1995/04/01 | Nepalgunj, Banke |
683 |
5 | Madhymanchall Grameen Bikas Bank Ltd. | 1996/07/08 | Janakpur, Dhanusha |
1000 Advertisement |
6 | Nirdhan Utthan Bank Ltd. | 1999/04/13 | Siddharthanagar, Rupandehi |
1740 |
7 | Rural Microfinance Development Centre Ltd. | 1996/12/06 | Putalisadak, Kathmandu |
3200 |
8 | Deprosc Microfinance Development Bank Ltd. | 2001/07/03 | Ratnanagar, Chitwan |
425 |
9 | Chhimek Microfinance Development Banks Ltd. | 2001/12/10 | Hetauda ,Makawanpur |
1234 |
10 | Shawalamban Laghu Bitta Bikas Banks Ltd. | 2002/02/22 | Janakpur, Dhanusha |
1159 |
11 | Sana Kisan Vikas Bank Ltd. | 2002/03/11 | Subidhanagar, Kathmandu |
1288 |
12 | Nerude Laghu Bitta Bikas Bank Ltd. | 2007/06/07 | Biratnagar, Morang |
400 Advertisement |
13 | Naya Nepal Laghu Bitta Bikas Bank Ltd. | 2009/03/20 | Dhulekhel, Kavrepalanchock |
140 |
14 | Mithila Laghu Bitta Bikas Banks Ltd | 2009/04/29 | Dhalkebar,Dhanusha |
165 |
15 | Summit Microfinance Development Bank Ltd | 2009/05/20 | Anarmani, Jhapa |
140 |
16 | Sworojagar Laghu Bitta Bika Bank Ltd | 2009/12/1 | Banepa, Kavre |
110 |
17 | Frist Microfinance Development Bank Ltd | 2009/12/28 | Gyaneshwor, Kathmandu |
700 |
18 | Nagbeli Microfinance Development Bank Ltd | 2010/02/04 | Anarmani, Jhapa |
100 |
19 | Kalika Microcredit Development Bank Ltd. | 2010/07/21 | Waling, Syanja |
120 |
20 | Mirmire Microfinance Development Bank Ltd. | 2010/09/23 | Banepa, Kavre |
140 |
21 | Janautthan SamudayikMicrofinance Dev. Bank Ltd. | 2010/11/09 | Butwal, Rupandehi |
110 |
Source: Nepal Rastra Bank, central bank of Nepal
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