Agricultural Development Bank (ADBL) ATM Locations In Kathmandu & Outside Valley

May 29, 2020 | Investopaper

Agricultural Development Bank (ADBL) was established in 1968 under the ADBN Act 1967, as successor to the cooperative Bank. The Land Reform Savings Corporation was merged with ADBN in 1973. Subsequent amendments to the Act empowered the bank to extend credit to small farmers under group liability and expand the scope of financing to promote cottage industries. The amendments also permitted the bank to engage in commercial banking activities for the mobilization of domestic resources.

The enactment of Banks and Financial Institutions Act (BAFIA) took all the banks and financial institutions (BFIs) under its umbrella and abolished all the acts related to the BFIs including the ADBN Act, 1967. Since then, the bank has been working as a public limited company registered under the Companies Act, 2006 and is licensed as “A class financial institution” by Nepal Rastra Bank from 2006.

With more than 52 years of history, the bank is one of the leading commercial banks of the country. It provides deposit facility, various loan facilities, advanced ABBS services, Internet Banking along with the ATM facilities through its networks in kathmandu and outside valley. Agricultural Development Bank (ADBL) operates all over the 7 provinces & 77 districts of the nation with its 278 offices and 73 ATMs. ADBL is a member bank of VISA Network. Bank has launched issuance of VISA Debit cards.

The ATM Locationsof Agricultural Development Bank (ADBL) are shown below: