About Excel Development Bank
Development Banking Sector remained dominated by government owned bank for more than five decades. With the liberalization of economy private sector started to promote development banks obtaining license from Nepal Rastra Bank, the central Bank of Nepal. Excel Development Bank Limited is licensed by Nepal Rastra Bank under banking and financial Regulation Act 2061. The bank is promoted by a group of experienced and highly motivated individuals from all walks on life. The promoters include; professional bankers, Entrepreneurs, Educationalists and Technocrats.
The bank’s central office is located in Birtamode, Jhapa, the far eastern part of Nepal. At present the banks working area is in Illam, Jhapa, Morang, Sunsari, Panchthar, Rampur, Udayapur, Dhankuta and Sankhuwasabha districts. The bank is committed to deliver its services to the customers through easy banking procedures. Since the bank is located in the rural area, it indicates to serve the need of common people by providing simple yet modern banking facilities. It is transparent in its approach and workings.
The bank gives true value of the depositor’s money by providing a competitive interest rate. Furthermore, it encourages the entrepreneurs to increase their capacity in productive sectors. The bank aims to be engine of development with its reliable and trustworthy banking services-Excel Development Bank Ltd. strives to achieve excellence in the banking sector through its customer friendly approach.
Mission
To be a national level development bank focusing on modern banking for the sustainable financial solution by providing qualitative and efficient banking services to the people by connecting the whole community.
Vision
To be BEST Bank for banking services in the community.
B
Best Work Environment
E
Enhanced Banking Services
s
Sustainability and Resilience
T
Technological Advancement
Our Objectives
The main objective of the bank is to provide long-term and short-term financial resources to economically viable and productive business areas involved in agriculture, tourism, indusrty, entrepreneurship development and other sectors. Keeping the customers at the center of all activities, the bank aims to contribute in raising the living standard of the people of Koshi State maintaining sound corporate governance and our corporate responsibility towards the society.