About NMB Bank
NMB Bank is a company based in Kathmandu (Nepal) founded in 1996. It operates as a Subscription Services, and Commission-Based. NMB Bank has raised $28.21 million across 4 funding rounds from investors including FMO, British International Investment and Dutch Fund for Climate and Development. NMB Bank offers products and services including NMB eBanking, Mobile Banking, Debit/Credit Card, Education Loan, and Home Loan. NMB Bank operates in a competitive market with competitors including Scotiabank, Nabil Bank, NIC ASIA Bank, Everest Bank and Himalayan Bank, among others.
- Headquarter Kathmandu, Nepal
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Nmb Bank Limited
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$28.21 M (USD)
in 4 rounds
-
Latest Funding Round
$10 M (USD), Debt – Conventional
Sep 08, 2023
-
Investors
FMO
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of NMB Bank
NMB Bank offers a comprehensive portfolio of products and services, including NMB eBanking, Mobile Banking, Debit/Credit Card, Education Loan, and Home Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Internet banking services are provided for retail customers.
Mobile banking services are offered for constant access.
Cards are issued for ATM and POS transactions.
Loans are provided for educational purposes to students.
Home loans are offered for property purchase needs.
Unlock access to complete
Unlock access to complete
Funding Insights of NMB Bank
NMB Bank has successfully raised a total of $28.21M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $10.0M
-
First Round
First Round
(01 Jun 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Debt – Conventional - NMB Bank | Valuation |
investors |
|
| Aug, 2022 | Amount | Debt – Conventional - NMB Bank | Valuation |
investors |
|
| Aug, 2019 | Amount | Private Equity Round - NMB Bank | Valuation | FMO |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NMB Bank
NMB Bank has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include FMO, British International Investment and Dutch Fund for Climate and Development. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Development financing is provided for entrepreneurial ventures in emerging markets.
|
Founded Year | Domain | Location | |
|
Funding is provided for climate resilience and adaptation projects.
|
Founded Year | Domain | Location | |
|
Government agency focused on small and medium-sized businesses
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by NMB Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - NMB Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nmb Bank Comparisons
Competitors of NMB Bank
NMB Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Nabil Bank, NIC ASIA Bank, Everest Bank and Himalayan Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
|
|
| domain | founded_year | HQ Location |
Operates as a commercial bank offering deposits, loans, and payment services.
|
|
| domain | founded_year | HQ Location |
Provides banking services, loans, savings accounts, and online platforms in Nepal.
|
|
| domain | founded_year | HQ Location |
Provides banking services like deposits, loans, remittances, and digital solutions in Nepal.
|
|
| domain | founded_year | HQ Location |
Offers deposit accounts, loans, and digital banking for individuals and businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Nmb Bank
Frequently Asked Questions about NMB Bank
When was NMB Bank founded?
NMB Bank was founded in 1996 and raised its 1st funding round 20 years after it was founded.
Where is NMB Bank located?
NMB Bank is headquartered in Kathmandu, Nepal. It is registered at Kathmandu, Bagmati, Nepal.
Who is the current CEO of NMB Bank?
Sunil KC is the current CEO of NMB Bank.
Is NMB Bank a funded company?
NMB Bank is a funded company, having raised a total of $28.21M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $156.67K, raised on Jun 01, 2016.
What does NMB Bank do?
NMB Bank is involved in offering a wide range of banking and financial services in Nepal. Services provided include internet banking, mobile banking, debit and credit card facilities, and various loan products such as education loans, home loans, and auto loans. The bank operates in the financial sector, focusing on retail and corporate banking solutions. Additionally, innovative payment solutions like QR code payments and global payment services through partnerships are facilitated. The bank aims to serve customers with accessible and secure financial tools across multiple platforms.
Who are the top competitors of NMB Bank?
NMB Bank's top competitors include Scotiabank, Nabil Bank and NIC ASIA Bank.
What products or services does NMB Bank offer?
NMB Bank offers NMB eBanking, Mobile Banking, Debit/Credit Card, Education Loan, and Home Loan.
Who are NMB Bank's investors?
NMB Bank has 3 investors. Key investors include FMO, British International Investment, and Dutch Fund for Climate and Development.