Nepal Bangladesh Bank

Nepal Bangladesh Bank Ltd., commonly known as NBB or NB Bank, was a Nepalese commercial banking institution headquartered in Kamaladi, Kathmandu. It was established in June 1994 as a joint-venture bank involving investors in Nepal and IFIC Bank of Bangladesh. At formation, the bank had authorized capital of 240 million Nepalese rupees and paid-up capital of 60 million Nepalese rupees. Its creation formed part of the development of Nepal's modern commercial-banking sector and introduced a cross-border banking partnership between Nepal and Bangladesh. The bank operated as a public-owned commercial bank serving customers in Nepal. Its activities included conventional retail and commercial banking, branch-based account and payment services, automated teller machines, electronic banking, and mobile banking. By the end of its independent operation, its distribution network comprised 111 branches, eight extension counters, five branchless-banking locations, and 87 ATM terminals. This network gave the institution a broad physical presence while its electronic channels extended access beyond traditional branches. Nepal Bangladesh Bank remained associated with the NBB and NB Bank names throughout its operating life. The institution's identity reflected its original Bangladesh-linked joint-venture structure, while its business was conducted primarily within Nepal. Available reference material does not establish a separate consumer-facing product brand portfolio beyond the bank's general commercial, branch, ATM, e-banking, and mobile-banking services. A decisive change occurred when Nabil Bank Limited successfully acquired Nepal Bangladesh Bank. The integration began on 11 July 2022, after which the bank was to operate under the Nabil Bank Limited name rather than continue as a separate Nepal Bangladesh Bank brand. The acquisition ended Nepal Bangladesh Bank's independent status and transferred its customer-facing banking operations into Nabil Bank. Accordingly, Nepal Bangladesh Bank is best treated as a historical Nepalese banking brand and former operating institution rather than an active standalone bank.

Nepal Bangladesh Bank Ltd. was established in June 1994 in Nepal as a joint-venture commercial bank with IFIC Bank of Bangladesh. Its formation connected a Nepalese banking operation with a Bangladeshi financial institution and gave the new bank a cross-border identity. The bank began with authorized capital of 240 million Nepalese rupees and paid-up capital of 60 million Nepalese rupees. The institution was headquartered at Kamaladi-28 in Kathmandu and operated in the Nepalese commercial-banking market. Its activities covered ordinary banking services delivered through branches and other access points. Over time, the bank developed a sizeable physical network consisting of 111 branches, eight extension counters, five branchless-banking outlets, and 87 ATM terminals. It also offered e-banking and mobile-banking services, allowing customers to access selected services through electronic channels in addition to branch visits. Nepal Bangladesh Bank was a public-owned commercial bank during its independent existence. The available reference material does not provide a detailed account of its successive chief executives, financial performance, product-level branding, advertising campaigns, or major controversies. The bank is therefore primarily documented through its founding structure, Nepalese branch network, banking-channel expansion, and eventual corporate integration. The institution's major strategic turning point came with its acquisition by Nabil Bank Limited. Nabil Bank successfully acquired Nepal Bangladesh Bank, and the integration commenced on 11 July 2022. Following the transaction, the bank was to operate in the name of Nabil Bank Limited. This change removed Nepal Bangladesh Bank as a separate operating brand and concluded its history as an independent commercial bank. Its former network and banking activities became part of Nabil Bank's business rather than continuing under the NBB or NB Bank identity.

• 2022

  Acquired by Nabil Bank

  [1]Nepal Bangladesh Banken.wikipedia.org

  Nabil Bank Limited successfully acquired Nepal Bangladesh Bank, with the integration beginning on 11 July 2022.

• 2022

  Operations transferred to the Nabil Bank name

  [1]Nepal Bangladesh Banken.wikipedia.org

  After the acquisition, the bank was to continue under the Nabil Bank Limited name rather than as an independent Nepal Bangladesh Bank entity.

• 1994

  Established as a Nepal-Bangladesh joint-venture bank

  [1]Nepal Bangladesh Banken.wikipedia.org

  Nepal Bangladesh Bank was established in June 1994 as a Nepalese commercial bank formed with IFIC Bank of Bangladesh.

A Nepal-focused commercial bank with a Bangladesh-linked joint-venture heritage, combining conventional branch banking with ATM, electronic, mobile, and branchless-banking channels.

• Commercial banking

  Branch banking

  Nepal Bangladesh Bank's core offering was conventional commercial banking delivered through its branch network. The bank operated 111 branches and eight extension counters, providing physical access to its Nepalese customer base. The available reference does not specify individual deposit, lending, or payment products.

• Banking access channel

  ATM services

  The bank provided automated teller machine access through a network of 87 ATM terminals. The ATM network complemented branch operations and formed part of the institution's broader retail-banking infrastructure in Nepal.

• Digital banking

  E-banking

  E-banking was one of Nepal Bangladesh Bank's electronic service channels. It extended selected banking functions beyond branch locations, although the available reference does not identify the platform name, detailed features, or launch date.

• Digital banking

  Mobile banking

  The bank also offered mobile-banking services, giving customers an additional remote channel for accessing banking functions. Specific service features and the underlying technology platform are not identified in the available source material.

• Banking access channel

  Branchless banking

  Nepal Bangladesh Bank operated five branchless-banking locations. These outlets supported wider geographic access to banking services beyond the institution's conventional branch footprint.

• 2022

  Integration with Nabil BankM&A

  Background

  Nabil Bank Limited successfully acquired Nepal Bangladesh Bank, ending the latter's existence as an independent commercial-bank brand.

  Action taken

  The integration began on 11 July 2022, and the bank was designated to operate under the Nabil Bank Limited name.

  Aftermath

  Nepal Bangladesh Bank became a historical or absorbed brand, while its banking operations and network were incorporated into Nabil Bank.

  Source

1. 1Nepal Bangladesh Banken.wikipedia.org