Rastriya Banijya Bank (RBB)

Details

Rastriya Banijya Bank (RBB) is a fully government-owned commercial bank in Nepal, established on January 23, 1966 (Magh 10, 2022 BS) under the RBB Act.

Ownership: $100%$ owned by the Government of Nepal.
Network & Reach: Possesses one of the largest branch networks in Nepal, facilitating financial services across rural and remote districts.
Financial Reform: In the early 2000s, RBB underwent a major Financial Sector Reform Program (FSRP) supported by the World Bank and DFID to address massive non-performing assets (NPAs) and negative capital adequacy.
Key Operations: Plays a pivotal role in government transactions, agricultural financing, priority sector lending, and corporate banking.

Category

Banking

Fiscal Year

2082

Key Figure/Rate

Est. 1966 AD (2022 BS)