Rastriya Banijya Bank

Central office building of Rastriya Banijya Bank, in Kathmandu, Nepal

Rastriya Banijya Bank (abbreviated as RBB) (translation: National Commercial Bank; Nepali: राष्ट्रिय बाणिज्य बैंक ) 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 161 branches.

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. The bank is the highest profit earning bank for the FY 2014/15. The bank has second highest paid up capital till the end of FY 2015/16 after agriculture development bank. In terms of deposit, the bank has collected Rs more than Rs 130 Billion(F/Y 2015/16) which is the highest deposit of any commercial bank in Nepal.

Rastriya Banijya Bank is one of the pioneering bank in Nepalese market that has carried out Note Kosh Fund, Bharu Kosh Fund,NRB's Draft transaction, Government Transaction, Pension Fund of Nepal Government. Besides more than 2 dozens of bank's branches are running in Losses, they provides continue services to the general public because it is the government bank. Profit is not only the solo motive of the bank. RBB provides services in remote and undeveloped areas of Nepal.

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 161 branches, 17 counters, 28 branch less banking (BLB) and 72 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

External links

• Official website