Muktinath Bikas Bank Limited (MNBBL) is a prominent institution in the Nepalese banking sector, established in 2007. It has received authorization from Nepal Rastra Bank to operate as a “B” class national level financial institution. MNBBL has recently upgraded to a National Level Development Bank through the acquisition of Dhading-based development Bank, Civic Development Bank Limited. The bank's central office is located in Kamaladi -28, Kathamandu of Kathamandu District. MNBBL is known for its commitment to good corporate governance practices and prudent banking culture. It offers a wide range of products and services with competitive rates, embracing modern banking, limited banking, and microfinance, supported by advanced technology. With a branch network consisting of 68 modern banking branches, 3 limited banking branches, 3 extension counters, and 78 microfinance desks, MNBBL serves a customer base of over 300K depositors. The bank is focused on expanding its branch network further in the current fiscal year.
Muktinath Bikas Bank Ltd. operates within the finance, financial services, and banking industries, exhibiting a dedicated team focused on delivering industry-leading services. With its extensive branch network and customer base, the bank presents a compelling opportunity for potential investment or partnerships in the Nepalese financial sector. While the specific details of the last investment and investors remain undisclosed, MNBBL's growing presence and commitment to excellence make it an attractive proposition for investors seeking opportunities in Nepal's banking industry.
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