Bhutan National Bank

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Bhutan National Bank
IndustryFinancial services
Founded1997
HeadquartersPO Box 439, ,
Websitewww.bnb.bt
Bhutan National Bank in Thimphu.

Bhutan National Bank is a commercial bank founded in 1997 and located in Thimphu, capital of the Kingdom of Bhutan. [1]

History[]

The main events include: [2]

  • 1980 - the Unit Trust of Bhutan was founded by the Royal Government and the Royal Insurance Corporation of Bhutan (RICB)
  • 1992 - the Trust received the status of independent financial institution
  • 1995 - with the assistance of the Asian Development Bank the Trust was converted to a commercial bank Bhutan National Bank[3]
  • 1996 - the bank's equity was offered to the public
  • 1997 - the bank was officially opened, 40 percent of its equity was sold to the Asian Development Bank and Citibank
  • 2004 - launched the first ATM services in Bhutan
  • 2007 - introduced the debit Point of Sale terminals in Bhutan
  • 2009 - started the SMS banking and Internet banking
  • 2011 - introduced the recurring deposit and Rupee Denominated Prepaid card.

See also[]

References[]

  1. ^ "Company Overview of Bhutan National Bank Ltd". Retrieved 29 March 2017.
  2. ^ "Bank history". Retrieved 29 March 2017.
  3. ^ "Brief Profile of the Bank". Retrieved 29 March 2017.

External links[]

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