Bank guarantees are written obligations of the issuing bank to pay a sum on to a beneficiary on behalf of its members in the event that the members themselves do not pay the beneficiary
s best practices to international forum, NCBL is the member of International Cooperative Alliance (ICA), Network for the Development of Agricultural Cooperative for Asia and the Pacific (NEDAC), Association of Asian Confederation of Credit Unions (ACCU)
In this continually evolving marketplace, NCBL will continue to take its roles seriously as a responsible Cooperative Bank and gradually encourage its members, employees, and other stakeholders to work for its permanence
Our Affiliation
International Cooperative Alliance (ICA)
Network for the Development of Agricultural Cooperative for Asia and the Pacific (NEDAC)
Association of Asian Confederation of Credit Unions (ACCU)
Center for International Cooperation and Training in Agricultural Banking (CICTAB)
Asia-Pacific Rural and Agricultural Credit Association (APRACA)
International Cooperative Banking Association (ICBA)
International Raiffeisen Union (IRU)
NCBLNational 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
In order to follow up, the bank has developed a flexible index for the savings and credit business of the association/ institution, as well as the savings and credit bank business
After filling the complete form of the bank, the co-operative union/society is contacted by the
union / society and the union/ institution has been called to the branch office, at that time the
association/ institution should be present with the entire document
