Siddhartha Bank

Siddhartha Bank Limited
सिद्धार्थ बैंक
Company typePublic
NEPSE145
IndustryBanking
Founded2002
HeadquartersNaxal, Kathmandu
Number of locations
197 Branches
Area served
Nepal
Key people
Mr. Manoj Kumar Kedia (chairman)
Mr. Sundar Prasad Kadel (CEO) [1]
ProductsLoans, Credit cards, Savings, Investment, Merchant banking
Number of employees
2000+
ParentSiddhartha Group
Websitewww.siddharthabank.com

Siddhartha Bank Limited (SBL) is one of the largest private Commercial Bank in Nepal which is 18th commercial bank to be licensed by Nepal Rastra Bank. It started operation in Dec 2002. [2] and has 196 branches and 226 ATMs all across the nation with its head office in Kathmandu which provides entire commercial banking services and remittance services. [3]

Siddhartha bank is also official title sponsor of (NPL) Nepal premier league.

The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.[4]

Siddhartha Bank Limited has received several awards and recognitions for its performance and contribution to the banking industry in Nepal.[citation needed] It has been awarded as the 'Bank of the Year' by The Banker,[citation needed] a leading financial magazine, and has also been recognized by various organizations for its contribution to the economy and society.

  1. ^ "Sundar kandel appointed as CEO of siddhartha Bank". www.investopaper.com. 21 December 2021.
  2. ^ SBL rating by ICRA Nepal (PDF). Icranepal (Report). Retrieved 2022-12-11.
  3. ^ "Service Networks of Siddhartha Bank". Siddhartha Bank. Retrieved 2022-12-11.
  4. ^ "Nepal Stock Exchange Ltd". www.nepalstock.com.