Nepal Grameen Bikas Bank

Nepal Grameen Bikas Bank Limited come in August 15 2014 (2071 Shrawan 30) into with Head office existence at Butwal, Rupandehi District after successful merge of five Grameen Bikas Bank working in the five development region of Nepal as for Purbanchal Grameen Bikas Bank established in 1993/03/28, Biratnagar, Morang, Sudur Paschimanchal Grameen Bikas Bank established in 1993/03/28, Dhangadi, Kailali, Paschimanchal Grameen Bikas Bank established in 1995/04/01, Butwal, rupandehi, Madhya Paschimanchal Grameen Bikas Bank established in 1995/04/01, Nepalgunj, Banke and Madhymanchal Grameen Bikas Bank established in 1996/07/08 Janakpur, Dhanusha. Nepal Grameen Bikas Bank Ltd registered in 30 July 2014 AD (????/??/?? ) as a public limited company act 1974 and regulated under Bank and Financial institution Act 2063. As a Micro Finance Bank of National Level the Bank is working continuously to alleviate poverty, hardship and suffering of the rural people throughout its working area by proving them micro finance service. The unique trait of the Bank are well defined target group (especially women) area approach, group guarantee lending approach, no need of physical collateral in order to disbursement loan at the Centre. However in order to achieve its goal Bank has been working through microcredit, community capacity development following the model of Grameen Bank Bangladesh. So far Bank is providing its service through its 182 Branches in 52 District of Nepal.