Siddhartha Bank Limited

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Siddhartha Bank Limited (NEPSE: SBL) is a Class A commercial bank providing comprehensive banking and financial services across Nepal. The bank operates through 197 branches and 226 ATMs, serving personal and business customers. Its business segments include retail banking, MSME lending, corporate banking, rural banking, trade finance, card services, and digital banking platforms. The bank offers deposit accounts, consumer and business loans, investment products, merchant banking services, and remittance operations through its SBL Remit subsidiary operating in 15+ countries. Siddhartha Bank also owns Siddhartha Capital Limited, a merchant banker providing issue management, underwriting, registrar-to-shares, and depository services. The company holds investments in Siddhartha Premier Insurance Limited and Sanima Reliance Life Insurance. The company was incorporated in 2002 and is headquartered in Naxal, Kathmandu, Nepal.

Key Facts

Bank Classification

Class A Commercial Bank

Branch Network

197 branches

ATM Network

226 ATMs

Business Segments

Retail, MSME, Corporate, Rural, Trade Finance, Cards, Digital Banking, Remittance

Subsidiary Merchant Banker

Siddhartha Capital Limited (51% owned, established 2012)

Founded and Operations Commenced

December 2002 as Nepal's 18th licensed commercial bank