NIC Asia Bank Ltd.

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NIC Asia Bank Limited (NEPSE: NICA) is a Class A commercial bank in Nepal offering comprehensive banking and financial services to individuals, businesses, and institutions. The bank operates as a universal bank providing retail banking, corporate lending, SME financing, remittance services, trade finance, credit and debit card products, and digital banking solutions through its extensive network. NIC Asia operates 360 branches, 647 ATMs, 108 extension counters, and 41 branchless banking units across Nepal, serving over 2.3 million customers. The bank was established as Nepal Industrial and Commercial Bank on July 21, 1998, and merged with Bank of Asia Nepal on June 30, 2013, creating the first merger between two successful commercial banks in Nepal. Following the merger, the combined entity was renamed NIC Asia Bank and received the "Bank of the Year 2013-Nepal" award from The Banker (Financial Times, UK). The company was founded in 1998 and is headquartered in Kamaladi, Kathmandu, Nepal.

Key Facts

Branches

360 (as of 2026)

ATMs

647

Extension Counters

108

Branchless Banking Units

41

Business Segments

Retail Banking, Corporate Lending, SME Banking, Remittance Services, Digital Banking, Trade Finance

Historic Merger

Merged with Bank of Asia Nepal on June 30, 2013 (first merger between two commercial banks in Nepal)

Bank of the Year

Bank of the Year 2013-Nepal (The Banker, Financial Times, UK)