Introduction

BAGMATI DEVELOPMENT BANK. was founded on 2065/12/10 by a group of eminent businessmen from Kathmandu and Local persons of Sarlahi District. The Bank was under private ownership. Beginning with one office in Hariwon,Sarlahi District with a paid-up capital of Rs.14 million and 12 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong regional label presence and operations. In business volume, the Bank occupies a premier position among the regional label banks.

 

The Bank has 4 branches in Nepal at Sarlahi District . These branches are controlled through Head Office.

The Bank came out with its public issue in 2068 /10/08 and follow on Qualified Institutions Placement with total number of shareholders is 1316. After public issue, the bank has total paid up capital is Rs 50 million ( Rs 26.5 million from its promoters and Rs 23.5 million from publics)

While firmly adhering to a policy of prudence and caution, the Bank has been in the forefront of introducing various innovative services and systems at regional place. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure.

The Bank's association with the capital market goes back to 2068 when it entered into an agreement with the Nepal stock exchange (NEPSE) and SEBON. BAGMATI DEVELOPMENT BANK. was the first Development Bank to open Head office at ruler area (VDC) outside the cities.

Our Remittance

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