Introduction

Welcome to NCBL

National Cooperative Bank Limited (NCBL) was established in 2003, as the only bank in the cooperative movement of Nepal at national level, in exercise of the power conferred by the sub-section 4 of section 26 under the then prevailing Cooperative Act, 1992 (first amendment, 2000) and from the recommendation of Nepal Rastra bank (Central bank of Nepal) as an umbrella institution to provide banking and financial services to all its member cooperatives following the long and continuous demand and efforts of cooperators. Assessing the importance of setting up a separate bank to exclusively support the cooperatives in the country, Nepal Government had amended the Cooperative Act, 1992 and released NPR10 million as equity participation in the fiscal year 2000 /2001. It has been successfully carrying out cooperative banking business since twentieth years.

NCBL is primarily established with the objective to meet the financial needs and launch different promotional activities to support its member cooperatives to be more professional and competitive. The establishment of NCBL, therefore, has a special implication for the development of cooperative movement of Nepal since the promotion and strengthening the cooperatives address the country major socio-economic deprivations, poverty, unemployment and inequality etc. At present, the bank with about 16,177 member cooperatives covering all 77 districts and with rapidly growing number day by day, has already extended its network in 68 different places. NCBL is further planning to be expanded to other places in the current fiscal year to better serve the member cooperatives.

Vision

Cooperative Bank with Excellent Financial Services

Mission

• To provide competitive and qualitative financial services with latest technology for sustainable development of the members.
• To develop corporate governance in the Banks and members through responsible business operation by developing and mobilizing leadership and professional manpower.
• To continuously advocate for the development of professionalism of cooperative sector in coordination with the concerned stakeholders.

Objective

• Provide quality service to member using modern tools and technology.
• Provide training, education and workshop to increase the capacity of member.
• Advocate for cooperative friendly rules and regulations.
• Enhance the cooperation with national and international agency.
• Increase employment by mobilizing capital in production sector through cooperatives.
• Provide membership to all kinds of cooperatives.
• Assist to reduce poverty by mobilizing fund through cooperative sector.
• Help cooperative sector to become a professional and sound financial service provider in remote
• Meet the changing needs of members.