Jyoti Bikash Bank Limited is a national level development bank engaged in commercial banking activity with category "Kha" license from Nepal Rastra Bank. Established by a core group of promoters coming from the employees of Nepal Electricity authority among other businessmen, professionals and common citizens, the bank had an original focused vision of promoting hydropower sector through lending credit facilities to potential hydro projects. Continuously assessing the needs of the common citizens and economy of the country on the whole, the Bank has by now established itself as a financial institution catering to a large segment of the society with the cause of the citizens' needs at the center. With the growing economy and a change in the demographic mix, more and more people are getting engaged into commercial and financial activities and the need of credit and other banking facilities has been on a tremendous rise. From personal financial needs to the financial needs of small and medium size businesses to the needs of big corporates, the Bank has been at the forefront of supporting the national goal of bringing about prosperity in the lives of the citizens. Starting with an initial paid up capital of Rs. 259 Million, the Bank has reached a paid up capital of Rs. 4.26 billion. In the journey of past 13 years, the Bank merged with Jhimruk Bikas Bank Limited (FY 2073/74) and has acquired 2 more regional level development banks in, Raptiveri Bikas Bank Limited (FY 2074/75) and Hamro Bikas Bank Limited (FY 2075/76). The Bank currently has 117 branches across the county including 3 extension counters. The Bank has also been providing services from network of ATM machines (75) and is in the process of extending its reach through both branch and ATM expansion apart from reaching the growing techno-friendly customers with wide range of digital banking products. Jyoti Bikash Bank has set a clear set of Purpose, Vision, Core values and business strategy which truly reflects its utmost urge to serve the citizens of the Country through all possible avenues. (PURPOSE)
To bring meaningful and perennial prosperity in the lives of citizens through provision of wide range of highly accessible financial services and dissemination of related financial information therein. (VISION)
To be established as an institution with the larger cause of citizens and society at the center, delivering modern, informed and easy financial services by building upon best practices of risk management and operation system. (MISSION)
Establishing a system of decision making through extraction and analysis of information related of banking industry, having regard to the economic and social dimensions prevalent in national and international context, ensure that dispersed economic resources and tools are concentrated, mobilized and progressed towards productive sector through optimal use of modern information technology; thus providing equitable return to stakeholders including customers, shareholders, employees, society and the government while acting as a trustworthy financial intermediary. (OUR VALUES)
Faithful and Quality Services:
Citizen Cause centered easy, faster and technology driven banking and financial decision making information services. Oriented for Larger Benefits:
Professional behavior nurtured with thoughts, theories, policies, rules and the system driven by larger cause of the citizens and society at large. Judicious Use of Existing Resources and Distribution of Benefits:
Use of available resources duly taking holistic view of economic prosperity into account, zero centered non-performing assets/loans, focus on promoting sustainable development through investment of economic resources where they belong, judicious distribution of benefits, mobilization of resources in the productive sectors, local citizen’s need centered policies of financial services and their implementation
Corporate Governance:
Sustained compliance and synergistic flow of policies, rules and the systems. Transparency:
Clarity, precision, active and meaningful participation and matured information dissemination approach in activities undertaken at all levels, including idea generation/thinking, policy formulation and revision processes, decision making processes, decision making, operational approach and system. Impartiality:
Equal respect and treatment to all citizens and sustained assurance of fairness in all activities including recruitment of staff. Dynamic Human Resources:
Mobilization of professionally competent, dedicated, committed, truthful, dynamic, cheerful, studious/updated, self-motivated and assured/assertive/poised human resources. Citizen Cause centered easy, faster and technology driven banking and financial decision making information services. Santosh Adhikari - Director
Mr. Ram Kumar Shrestha- Director
Ms. Mana Maharjan - Director
Mr. Dhruba Koirala - Director
Mr. Naresh Raj Acharya - Director
Mr. Resham Raj Regmi - Director
