Siddhartha Bank Limited (SBL) is one of the largest private
Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.
It can also refer to a bank, or a division of a large bank, which deals with ...
in
Nepal
Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne,
सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is ma ...
which is 18th commercial bank to be licensed by
Nepal Rastra Bank
The Nepal Rastra Bank (NRB) ( ne, नेपाल राष्ट्र बैंक) was established April 26, 1956 A.D. ( Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibili ...
. It started operation in Dec 2002.
and has 197 branches all across the nation with its head office in
Kathmandu
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which provides entire commercial banking services and remittance services.
The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.
Siddhartha Bank Limited is committed to providing its customers with excellent service, innovative products, and state-of-the-art technology. The bank has a strong focus on corporate social responsibility and is actively involved in various social and environmental initiatives.
Siddhartha Bank Limited has received several awards and recognitions for its performance and contribution to the banking industry in Nepal. It has been awarded as the 'Bank of the Year' by The Banker, a leading financial magazine, and has also been recognized by various organizations for its contribution to the economy and society.
Correspondent Network
The bank has been maintaining correspondent relationships with various international banks from various countries to facilitate trade, remittance and other cross-border services. Through these correspondent, the bank is able to provide services in any major currencies in the world.
SBL Remit
SBL Remit is a remittance service offered by Siddhartha Bank Limited in Nepal. It is a fast and secure way to send money from anywhere in the world to Nepal. With SBL Remit, customers can send money to their loved ones in Nepal using their mobile device or computer.
SBL Remit offers competitive exchange rates and low fees for its services. The service is available 24/7, and customers can track their transactions in real-time. SBL Remit also offers a variety of payment options, including bank transfers and cash pick-up at any Siddhartha Bank branch in Nepal.
SBL Remit is committed to providing its customers with a reliable and efficient service. It has a dedicated customer support team that is available to assist customers with any questions or concerns they may have. With SBL Remit, customers can rest assured that their money will be delivered quickly and securely to their loved ones in Nepal.
See also
*
List of banks in Nepal This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank.
Class A: Commercial banks
Commercial banks are rated as Class "A" banks by the Nepal Rastra Bank. There are 21 commercial banks as of 24 February 2023. ...
*
Commercial Banks of Nepal
References
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External links
Official Website of Siddhartha Bank LimitedOfficial Website of Nepal Rastra Bank
Banks of Nepal
Banks with year of establishment missing