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Nepal Credit & Commerce Bank

Nepal Credit & Commerce Bank Ltd. (NCC Bank) formally registered as Nepal - Bank of Ceylon Ltd, commenced its operation on 14th October, 1996 as a Joint Venture with Bank of Ceylon, Sri Lanka. It was the first private sector Bank with the largest authorized capital of NRS. 1,000 million. The Head Office of the Bank is located at Siddhartha Nagar, Rupandehi, the birthplace of Lord Buddha, while its Corporate Office is placed at Bagbazar, Kathmandu. The name of the Bank was changed to Nepal Credit & Commerce Bank Ltd., on 10th September, 2002, due to transfer of shares and management of the Bank from Bank of Ceylon, an undertaking of Government of Sri Lanka to Nepalese Promoters. At present, NCC Bank provides banking facilities and services to rural and urban areas of Nepal through its 17 branches. The Bank has developed corresponding agency relationship with more than 150 International Banks having worldwide network.

Branches:
Kathmandu Valley: Bagbazar (Kathmandu), Chabahil, Lagankhel (Lalitpur), New Road (Kathmandu)

Outside Kathmandu Valley: Banepa, Barahbise, Biratnagar, Birgunj, Birtamod, Butwal, Kalaiya (Bara),
Lumbini, Kanchanpur (Mahendra Nagar), Narayangarh (Pragatipath, Chitwan), Pokhara New Road,
Siddhartha Naga (Bhairahawa), Thankot

 

Website of the Nepal Credit & Commerce Bank: www.nccbank.com.np

 

 

News about the Nepal Credit & Commerce Bank
Jan 14, 2016:
Nepal Credit and Commerce (NCC) Bank and Kumari Bank Ltd along with four other development banks have decided to go undergo merger. Read more

05-02-2014:
Nepal Rastra Bank (NRB) on Tuesday took over the management of Nepal Credit and Commerce Bank (NCC Bank) as the former’s efforts to settle down the tussle between two promoter groups went futile.

17-3-2010:
Nepal Credit and Commerce Bank has installed a new ATM kiosk at New Road. Director of the bank Tirtha Pradhan inaugurated the kiosk on Tuesday. With the inauguration of this new ATM, the number of ATMs in the bank´s network has reached twelve.

14-7-2009:
Nepal Credit and Commerce Bank has installed automated teller machines (ATMs) in Butwal and Siddharthanagar. Keshav Raj Acharya, chief manager of Nepal Rastra Bank, inaugurated the ATMs on Tuesday

28-4-2009:
NCC Bank has been able to post Rs 408.1 million operating profit in the third quarter of this fiscal year. It also increased its capital adequacy ratio (CAR) to 12.51 per cent, more than Nepal Rastra Bank's 10 per cent under Base l-II. NCC's non-performing assets (NPAs) also declined by 9.14 per cent.

26-1-2009:
Nepal Credit and Commerce (NCC) Bank registered a profit of Rs 276 million in the first six months of the present fiscal year. During the period the bank posted an operating profit of Rs 197.6 million, an increment of 9.4 per cent compared to same period last year. It made an increment of 210 per cent in its net worth, that is Rs 884 million. Last year, it was Rs 285 million.

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