Nepal Bangladesh Bank Ltd. also known as NB Bank or NBB is a public owned commercial bank in Nepal

Nepal

Nepal , officially the Federal Democratic Republic of Nepal, is a landlocked sovereign state located in South Asia. It is located in the Himalayas and bordered to the north by the People's Republic of China, and to the south, east, and west by the Republic of India...

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Nepal Bangladesh Bank Ltd. 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 Ltd.

IFIC Bank

The International Finance Investment and Commerce Bank Limited is a private commercial bank in Bangladesh.-History:IFIC was setup as a joint government-private finance company in 1976. The government held a 49% stake in the firm. On June 24, 1983, IFIC became a private commercial bank...

 and Bank Asia Ltd. of Bangladesh

Bangladesh

Bangladesh , officially the People's Republic of Bangladesh is a sovereign state located in South Asia. It is bordered by India on all sides except for a small border with Burma to the far southeast and by the Bay of Bengal to the south...

. Its Head Office is situated at New Baneshwore, Bijuli Bazar, Kathmandu.

The bank has a network of 17 branches

History

The bank was established in 1994 with the joint venture of IFIC Bank Ltd. and Bank Asia Ltd. of Bangladesh.

Currently, the Board of Directors of NB Bank are:

Mr. Tirtha Man Shakya : Nepali Promoter

Mr. Laxmi Bahadur Shrestha : Nepali promoter

Mr. Irfanuddhin Ahamad : Bank Asia Bangladesh

Md. Lufter Rahaman : IFIC Bank of Bangladesh

Mr. Indra Bahadur Thapa : Ordinary shareholders

Mr. Bishnu Raj Adhikari : Ordinary shareholders

Mr. Amrit Nath Regmi : Ordinary shareholders

External links

• NBB Home Page http://www.nbbl.com.np/index.php
• Nepal Stock Exchange http://www.nepalstock.com/companydetail.php?SB=NBB
• Central Bank of Nepal http://www.nrb.org.np/usefullinks/comm_lnk.php
• Ramsbay http://www.ramsbay.com/nepal_bangladesh_bank_corporate.php