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 centre. 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. 3.10 billion with the latest acquisition of Hamro Bikas Bank Limited. In the journey of past almost 11 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).