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Get to know Nepal Bangladesh Bank

Founded in June 1994, Nepal Bangladesh Bank Limited (NB Bank) was established as a joint venture with IFIC Bank of Bangladesh. It operated as a Class 'A' commercial bank licensed by Nepal Rastra Bank, offering a comprehensive suite of banking products, including consumer and corporate banking, deposits, loans, trade finance, and treasury services. In a landmark deal for Nepal's banking sector, NB Bank was acquired by Nabil Bank Limited, with joint operations commencing on July 11, 2022. The acquisition created one of the largest commercial banks in Nepal, operating under the Nabil Bank brand.

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Nepal Bangladesh Bank

Nepal

Founded in

1994 (32 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.