Nepal Bangladesh Bank
Company type | Public |
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Traded as | NEPSE: NBB |
Industry | Banking |
Founded | June 1994 |
Headquarters | Kamladi, Kathmandu, Nepal |
Area served | Nepal , Bangladesh |
Key people | A.R.M Nazmus Sakib (Chairman) M Shah Alam Sarwar (Director) |
Website | www |
Nepal Bangladesh Bank Ltd. (Nepali: नेपाल बाङ्लादेश बैंक) also known as NBB (Nepali: एन.बी.बी.) or NB Bank was a public owned commercial bank in Nepal.[1] It was established in June 1994 with an authorized capital of Rs. 240 million and paid up capital of Rs. 60 million as a joint venture Bank with IFIC Bank of Bangladesh.[citation needed] The Nabil Bank Ltd. successfully acquired Nepal Bangladesh Bank Ltd. hence starting a joint venture from 11 July 2022. The bank will further operate in the name of Nabil Bank Limited.[2]
Its head office was at Kamaladi-28, Kathmandu. It had a network of 111 branches, 8 Extension Counters, 5 Branchless banking, and 87 ATM terminals. It also provides e-banking and mobile banking services.
References
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- ^ "Nabil, Nepal Bangladesh banks sign merger agreement - OnlineKhabar English News". 14 January 2022.