Agriculture Development Bank Limited is an autonomous organization largely owned by Government of Nepal. the bank has been working as a premier rural credit institution since the last three decades, contributing a more than 67 percent of institutional credit supply in the country.
The enactment of the Bank and financial Institution Act (BAFIA) in February 2004 Abolished all Acts related to financial Institutions Including the ADBN Act 1967in line with the BAFIA,ADBL has been Incorporated as a public Limited company on JULY 14,2005. Thus, ADBL operates as an “A” category finance Institution under the legal framework of BAFIA and the company Act. The bank has a 51% share of the Government of Nepal 49% of the general public. Most of its shareholders are customers and employees.
Bank with Golden History
Agricultural development bank established on Magh 7, 2024 B.s
Bhumisudhur & Bachat Sansthan
Bhumisudhar and Bachat Sansthan merged in B.s 2030
started corporate banking from B.s 2041
Sana kisan Bank
Establishment of sana Bank in 2058 B.s Asar 22
Class ‘A’ Institution
Nepal Rastra Bank issued class ‘A’ Finance institution license in 2062 B.s