Sanima Bank started its operation in 2004 as a National Level Development Bank. Sanima was licensed to operate by the

Nepal Rastra Bank The Nepal Rastra Bank (NRB; ) was established on April 26, 1956 A.D. (Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic ...

to function as an "A" Class Commercial Bank in 2012. Sanima has 105 full-fledged branches and 28 extension counters within and outside the

Kathmandu Valley The Kathmandu Valley (), also known as the Nepal Valley or Nepa Valley (, Newar language, Nepal Bhasa: 𑐣𑐾𑐥𑐵𑑅 𑐐𑐵𑑅, नेपाः गाः), National Capital Area, is a bowl-shaped valley located in the Himalayas, Hima ...

Ownership structure

The Bank currently has a paid-up capital of Nepalese

Rupees Rupee (, ) is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Afr ...

13.58 Billion (as of FY 2022/23) *Promoter Group - 51.00% *General Public - 49.00%

Subsidiaries

The bank's subsidiaries are as follows: * Sanima Capital Limited. * Sanima Securities Limited.

References

External links

Website of Sanima Bank LimitedList of Banks and Financial Institutions as per NRBCompany evaluation by ICRA Nepal
{{Nepal topics Banks of Nepal 2004 establishments in Nepal