Agricultural Development Bank Limited (ADBL)

Details

Agricultural Development Bank Limited (ADBL), established in 1968 (2024 BS), is a premier semi-government financial institution in Nepal. It operates as a licensed Class 'A' commercial bank with a deep focus on rural credit and agricultural financing.

Key Facts

Establishment: January 21, 1968 (Magh 7, 2024 BS), under the Agricultural Development Bank Act.
Classification: Class 'A' Commercial Bank, upgraded to provide full-fledged commercial banking services while maintaining its agricultural development mandate.
Ownership: The Government of Nepal holds the majority shareholding (approx. $51%$), with the remaining held by the general public.
Focus: Rural lending, agricultural cooperatives, microfinance, and commercial banking services.

Category

Banking

Fiscal Year

2082

Key Figure/Rate

Est. 1968 (2024 BS), Class 'A' Bank