Nepal SBI Bank Limited (SBI)

About Nepal SBI Bank Limited (NSBL)

Overview

Nepal SBI Bank Limited (NSBL) is one of Nepal's leading commercial banks, combining international banking expertise with a strong domestic presence. Established in July 1993, the bank has consistently delivered reliable, technology-driven, and customer-focused banking services to individuals, businesses, corporate clients, and institutions across Nepal.

NSBL is a subsidiary of the State Bank of India (SBI), one of the world's largest banking institutions. The bank's ownership structure comprises 55% equity held by State Bank of India, 15% held by the Employees Provident Fund (Nepal), and 30% held by the general public. This unique partnership combines global banking experience with strong local participation, enabling the bank to deliver international standards of banking while addressing the needs of Nepal's financial market.

Under the Technical Services Agreement between SBI and Nepal SBI Bank, the parent bank provides strategic management support through experienced expatriate banking professionals, including the Managing Director & Chief Executive Officer (CEO). The bank's operations are overseen by the Central Management Committee (CENMAC), comprising the Managing Director & CEO, Chief Operating Officer & Deputy CEO, Chief Financial Officer, and senior executives, supported by regional offices to ensure effective governance and operational excellence.

Nationwide Presence

Over the years, Nepal SBI Bank has expanded its network to become one of Nepal's most accessible commercial banks. The bank currently operates through:

• 88 Full-fledged Branches

• 19 Extension Counters

• 7 Provincial Offices

• 1 InTouch Outlet

• Corporate Office

Serving customers across 50 districts of Nepal, the bank is supported by 118 ATMs, including 2 Mobile ATMs and 4 Cash Recycler Machines (CRMs), enabling convenient access to banking services throughout the country.

With a dedicated workforce of 994 employees, Nepal SBI Bank continues to provide high-quality banking services while maintaining strong customer relationships and operational efficiency.

Digital Banking & Financial Services

Nepal SBI Bank is recognized as one of Nepal's technology-driven commercial banks, offering a comprehensive suite of modern banking solutions designed for convenience, security, and accessibility.

Its digital banking services include:

• Internet Banking

• Mobile Banking

• SMS Banking

• ATM and Debit Card Services

• Mobile Wallet Services

• IRCTC Online Railway Ticket Booking Facility

• Digital Payment Solutions

The bank has established a strong position in Nepal's banking industry through the widespread adoption of digital banking products and continuous investment in technology-driven financial services.

Customer Trust & Financial Strength

Nepal SBI Bank serves a growing customer base with more than 833,000 deposit customers and over 650,000 ATM/Debit Card holders, reflecting the confidence customers place in the bank's products and services.

The bank continues to maintain a strong focus on prudent risk management, sustainable growth, operational efficiency, and sound asset quality while delivering long-term value to customers and stakeholders.

Backed by State Bank of India

Nepal SBI Bank benefits from the global banking expertise of its parent institution, State Bank of India (SBI), one of the largest commercial banks in India and among the world's leading financial institutions. With a history spanning more than two centuries, SBI serves millions of customers through an extensive domestic and international network, providing valuable technical expertise, operational support, and global banking experience to Nepal SBI Bank.

Merchant Banking Services

Further expanding its financial service offerings, Nepal SBI Bank established its wholly owned subsidiary, Nepal SBI Merchant Banking Limited, in 2016. The subsidiary provides merchant banking and investment-related services, strengthening the bank's ability to serve the evolving financial and capital market needs of customers.

Commitment to Excellence

Nepal SBI Bank Limited remains committed to delivering innovative, secure, and customer-centric banking services supported by strong corporate governance, prudent risk management, and advanced banking technology. By combining international expertise with local market knowledge, the bank continues to promote financial inclusion, digital transformation, and sustainable economic growth while creating lasting value for customers, employees, shareholders, and the communities it serves.