Data: Number of Banking & Financial Institutions in Nepal [Last 41 Years]

March 27, 2024 | Investopaper

The table below presents the data of number of banking and financial institutions (BFIs) in Nepal since the year 1983.

Year	Commercial Banks	Development Banks	Finance Companies	Microfinance Financial Institutions	Total No. of BFIs
1983 Jul	2	2	–	–	4
1984 Jul	3	2	–	–	5
1985 Jul	3	2	–	–	5
1986 Jul	4	2	–	–	6
1987 Jul	5	2	–	–	7
1988 Jul	5	2	–	–	7
1989 Jul	5	2	–	–	7
1990 Jul	5	2	–	–	7
1991 Jul	5	2	–	–	7
1992 Jul	5	2	1	–	8
1993 Jul	8	2	8	2	20
1994 Jul	8	2	28	2	40
1995 Jul	10	3	30	4	47
1996 Jul	11	3	37	4	55
1997 Jul	11	3	42	6	62
1998 Jul	11	5	44	6	66
1999 Jul	13	7	46	7	73
2000 Jul	13	7	47	7	74
2001 Jul	15	8	48	8	79
2002 Jul	16	11	54	11	92
2003 Jul	17	11	57	11	96
2004 Jul	17	14	58	11	100
2005 Jul	17	26	60	11	114
2006 Jul	18	29	70	11	128
2007 Jul	20	38	74	12	144
2008 Jul	25	58	78	12	173
2009 Jul	26	63	77	15	181
2010 Jul	27	79	79	18	203
2011 Jul	31	87	79	21	218
2012 Jul	32	88	70	24	214
2013 Jul	31	86	59	31	207
2014 Jul	30	84	53	37	204
2015 Jul	30	76	48	38	192
2016 Jul	28	67	42	42	179
2017 Jul	28	40	28	53	149
2018 Jul	28	33	25	65	151
2019 Jul	28	29	23	90	170
2020 Jul	27	20	22	85	154
2021 Jul	27	18	17	70	132
2022 Jul	26	17	17	65	125
2023 Jul	20	17	17	57	111

Source: Nepal Rastra Bank (NRB)