Deva Development Bank Limited

Deva Bikas Bank limited emerged after merger between NDEP Development Bank Limited and Rising Development Bank in 2015 and started its joint operation from 10 July 2015.

NDEP Development Bank Limited started its banking operations from the year 2006 as a national level development bank under the Banks and Financial Institutions Act 2063. Another partner to the merger, Rising Development Bank started it operation since 2006 as regional level development bank.[1]

With this merger, the bank has a paid up capital of 818 million rupees, 36 branch offices and 9 ATMs spread all across the country. It has its Head and Corporate Office in Durbar Marg, Kathmandu.

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