What is the status of financial institutions in Nepal?

As of July 2020, Nepal has:

  • Class “A” (Commercial Banks): 27
  • Class “B” (Development Bank): 23
  • Class “C” (Finance Companies): 22
  • Class “D” (Micro Finance Financial Institutions): 90
  • Infrastructure Development Bank: 1
  • Insurance Companies: 40
  • Employees Provident Fund: 1
  • Citizens Investment Trust: 1