Rastriya Banijya Bank

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Rastriya Banijya Bank Limited (RBB)

Ra striya Banijya Bank
Limited Logo
Type Government Owned
Industry Banking
Founded January 23, 1966
Headquarters Singha Durbar Plaza,Kathmandu, Nepal
Area served Nepal
Key people Dr. Narhari Dhakal (Chairman)
Products Banking
Website www.rbb.com.np

Central office building of Rastriya Banijya Bank, in Kathmandu, Nepal
Rastriya Banijya Bank (abbreviated as RBB) (Nepali: ) is fully government owned, and the
largest commercial bank in Nepal.
[1][2][3][4]
RBB was established on January 23, 1966 (2022 Magh 10 BS) under
the RBB Act. RBB provides various banking services to a wide range of customers including banks, insurance
companies, industrial trading houses, airlines, hotels, and many other sectors. RBB has Nepal's most extensive
banking network with 141 branches.
[citation needed]

RBB Ltd. - established on January 23, 1966 ( 2022 Magh 10 ) - a synonymous of stable and people's bank in
Nepal - is one of the pioneer Bank in the country with the history of nearly a half century. Earlier 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 at present. The Bank licensed
by NRB as a 'A' class commercial Bank of the country, has grown up as an indispensable component of the
Nepalese economy.
RBBL which has made glorious history of contributing for the monetization of the economy, eliminating dual
currency in the market, initiating preliminary financial literacy, help flourish industrial, commercial and financial
sector of the country has now emerged as a modern and strong financial institute of the country. The Bank with
2600 hands has expanded its wings in the most part of the country through multiple distribution outlets of 141
branches, 10 counters,8 branch less banking (BLB) and 50 ATMs. The Bank with the highest public
confidence- reflected in the highest deposit base and growing demand for branch establishment in the various
parts -has stood as a pyramid in the financial arena of the country. The Bank with as many as 1.7 millions
satisfied /direct customers ranging from poor to elite ones and millions of indirect ones, has drawn important
imprint in the picture of country's economy through its significant involvement in the best use of its resources to
enhance the production, income and employment opportunities. The Bank is fully committed to contribute its
best for the socio economic development of the country and people in the days to come.
Services Currently Offered by RBB Credit- Business loan Housing Loan Vehicle Loan Hire Purchase Loan
Educational loan Apartment Loan Loan Against Gold Loan against fixed deposit receipt Loan against the
government bond Loan against shares Loan against the first class bank guarantee Rastra Sewak Loan
Teachers Loan Personal Loan Agricultural Loan
Deposit Current Account Saving account Fixed Deposit Karmayogi Bachat Khata Mahalaxmi Bachat Khata
Chhunamuna Bachat Khata Sikshak Bachat Khata
Remittance Branch less Banking ATM/ CDM E-Banking Mobile Pay SMS Banking Card Services (Debit/
Credit Card)
References[edit]
1. Jump up^ http://www.rbb.com.np/intro.php
2. Jump up^ http://www.ekantipur.com/2010/05/20/business/nrb-takes-
action-against-7-banks/314675.html
3. Jump up^ http://www.ekantipur.com/2010/08/12/business/rbb-to-lay-off-
300-employees/320290.html
4. Jump up^ http://www.souryadaily.com/2013/01/54489.html/rastriya-
banijya-bank-copy_
External links[edit]
Official website
Categories:
Banks of Nepal
Banks established in 1966
1966 establishments in Nepal
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This page was last modified on 3 February 2014 at 16:00.
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