Miteri Development Bank Limited (MDB)

About Miteri Development Bank Limited

Overview

Miteri Development Bank Limited is a Class "B" Development Bank licensed by Nepal Rastra Bank (NRB) under the Banks and Financial Institutions Act, 2063 (BAFIA). The bank is also registered under the Companies Act, 2063 with the Office of the Company Registrar, Nepal.

Established with the objective of delivering reliable, accessible, and customer-focused banking services, Miteri Development Bank has grown as a trusted financial institution serving individuals, entrepreneurs, businesses, and local communities. The bank is committed to promoting financial inclusion, supporting regional economic development, and providing modern banking solutions that meet the evolving needs of its customers.

Promoters and Leadership

Miteri Development Bank is promoted by a diverse group of experienced and highly motivated individuals from various professional and business backgrounds. Its promoters include:

• Businesspersons

• Professional Bankers

• Medical Professionals

• Entrepreneurs

• Educationalists

• Technocrats

In addition, a significant number of the bank's promoters are from Dharan Sub-Metropolitan City, reflecting the institution's strong local roots and commitment to regional development.

The collective expertise and experience of its promoters provide the bank with a solid foundation of professional leadership, sound governance, and long-term strategic vision.

Customer-Centric Banking

Miteri Development Bank is dedicated to providing convenient, secure, and efficient banking services through a customer-first approach. The bank continuously works to improve its products, services, and operational processes to deliver greater value while building long-term relationships based on trust, transparency, and reliability.

Its banking philosophy emphasizes:

• Customer satisfaction

• Responsible and ethical banking

• Financial inclusion

• Professional service

• Sustainable growth

• Strong corporate governance

Commitment to Sustainable Development

Miteri Development Bank Limited remains committed to supporting Nepal's economic development by promoting entrepreneurship, mobilizing financial resources, and expanding access to formal banking services. Through prudent financial management, customer-focused innovation, and responsible banking practices, the bank continues to create long-term value for customers, shareholders, employees, and the communities it serves.

With a strong local foundation and a vision for sustainable growth, Miteri Development Bank strives to be a trusted financial partner contributing to inclusive economic progress across Nepal.