Nepal SBI Bank Limited

Machhapuchchhre Bank Limited and Prime Commercial Bank Limited are integrating selected branches and transferring safe deposit locker services to optimize operations and enhance service quality. This consolidation, aligned with directives from Nepal Rastra Bank, is scheduled to take effect starting July 17, 2026. Affected locker holders are urged to coordinate with their respective branches by July 17, 2026, to manage their assets during this transitional period.

Nepal SBI Bank Limited has relocated its Commercial Branch Office in Kathmandu to the Hotel Malla Private Limited premises. This move is part of a strategic modernization agenda to provide a more spacious and premium environment for corporate clients and depositors, aiming to reduce wait times and enhance the banking experience. The new location is within the same ward as the previous office in the Lainchaur neighborhood.

Several commercial banks in Nepal, including Everest Bank Limited and Agricultural Development Bank Ltd., are intensifying efforts to recover outstanding loans and liquidate collateral properties through public auctions and warnings. These actions are part of broader campaigns to address non-performing assets and maintain financial discipline within the country's banking sector.