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About us

1

Who we are

In view of growing banking business in Nepal

It has been felt necessary to establish an Association for collective efforts and participation of the banks to establish and enhance the interrelationship and co-ordination among the commercial banks incorporated in Nepal in order to develop a fair and healthy competition among the banks, to maintain uniformity in the policy and procedures of loan and other banking transactions, to develop and adopt creative and modern technology.

To make the banks more effective and efficient, and to identify the problems and implement the remedies associated with the business of the banks, and institution with the name ” Nepal Bankers’ Association” has been established under the Institution Registration Act, 2034.

Our Objectives

Objectives and Activities of the Association shall be as follows

  • To develop and promote efficient, strong and creative banking activities and business within Nepal based on the most recent and modern principles and prudent practices.
  • To adopt and implement necessary policies, procedures and technology for the purpose of providing prompt and useful banking services to the general public through effective banking transactions.
  • To assist and provide various suggestions to the members of the Association related to banking business and activities.
  • To provide suggestions to the Government of Nepal and Nepal Rastra Bank from time to time in order to formulate necessary policies and provide relevant suggestions.
  • To coordinate with member banks to foster mutual collaboration and support, facilitating effective solutions to address the banking sector’s challenges and difficulties in areas such as business operations, administration, legal matters, procedures and technical aspects. 
  • To collect various information, articles, statistics and reports etc. related to banking and disseminate them to the member banks.
  • To facilitate coordination among member banks for information and data collection, and distribution.
  • To make the necessary arrangements for training, seminars and conferences to enhance the skills, capabilities and knowledge of the bank’s employees. 
  • To promote development of work culture based on self-regulation and good governance in the banking sector. 
  • To provide the suggestions and issue circulars to the members as per the need on various current issues in the banking sector.
  • To establish friendly relations and cooperation with similar organizations within Nepal and also internationally.
  • To play a supporting role in policy formulation in the areas such as financial literacy, laws related to the financial sector and for the overall development of the banking sector.
  • To raise the necessary funds for achieving Association’s objectives and implementing its programs by prescribing membership, special and subscription fees, securing financial support from both national and international institutions, and collecting participation fees from individuals, organizations and agencies involved in the Association’s events and initiatives. Similarly, as a non-profit social organization established for the greater good of the society, Association will not distribute any benefits, profits, or similar advantages to its members.
  • To make necessary arrangements for the welfare of the employees of banks and financial institutions with the cooperation and participation of member banks.
  • To perform all other activities for the fulfillment of, or supplementing to the fulfillment of, above mentioned objectives.