Siddhartha Bank
Siddhartha Bank Limited (SBL) is one of the largest private commercial bank in Nepal which is 18th commercial bank to be liscenced by Nepal Rastra Bank. It started operation in Dec 2002. [2] and has 193 branches all across the nation with its head office in Kathmandu which provides entire commercial banking services and remittance services. [3]
| Type | Public |
|---|---|
| NEPSE: SBL | |
| Industry | Banking |
| Headquarters | Hattisar, Kathmandu |
Number of locations | 194 Branches |
Area served | Nepal |
Key people | Mr. Manoj Kumar Kedia (chairman) Mr. Sundar Prasad Kadel (CEO) [1] |
| Products | Loans, Credit cards, Savings, Investment, Merchant banking |
Number of employees | 2000+ |
| Website | www.siddharthabank.com |
The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.[4]
Correspondent Network
The bank has been maintaining correspondent relationships with various international banks from various countries to facilitate trade, remittance and other cross-border services. Through these correspondent, the bank is able to provide services in any major currencies in the world.
References
- "Sundar kandel appointed as CEO of siddhartha Bank". www.investopaper.com. 21 December 2021.
- SBL rating by ICRA Nepal (PDF). Icranepal (Report). Retrieved 2022-12-11.
- "Service Networks of Siddhartha Bank". Siddhartha Bank. Retrieved 2022-12-11.
- "Nepal Stock Exchange Ltd". www.nepalstock.com.
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