Ace Development Bank Limited

Founded in August 1995 as Ace Finance Company, Ace Development Bank Limited was upgraded as a fully fledged ‘B’ category development bank in the year 2007 and since then, it has been one of the leading banks in the financial market of Nepal.



The bank develops its financial products and innovations keeping in mind the need and satisfaction of its customers and regulators. The wide choices of deposit account schemes and diversified risk asses portfolio of the bank has served the economy of the country for many years now. It considers ‘Banking on Innovation and Integrity’ as its mission statement and it was established with the aim to be the preferred provider for financial services by introducing a wide range of banking products by enhancing and maintaining quality service to its clients.

ace development bank

To serve a larger base of customers by expanding geographically, to participate in the economic development of Nepal by providing services in micro finance infrastructure development financing, etc., to ensure maximum value to stakeholders, to focus on good corporate governance and corporate social responsibilities, to diversify revenue stream, to continue to invest in talent and to become a financial conglomerate are the major objectives of the bank.

The bank resolves to provide client-centric solutions along with keeping up with the expectations of their stakeholder. It provides various products and services to serve all its customers’ needs under one umbrella and has become more competitive than before with its new products and innovations coming. The bank that believes in corporate governance, Ace Development Bank Limited has been awarded with the ‘Best Presented Account Award’ by the Institute of Chartered Accountants of Nepal for four years in a row, which is quite an achievement.

The staff members working at the bank are all qualified with a minimum of Bachelors degree and it has recruited all of its managerial level employees with the minimum of an MBA degree. The bank also sends its employees in seminars, workshops and training programs at national as well as international level to upgrade and hone their talents and skills. The bank provides services through its thirteen branches all over Nepal.

For further information, contact:

Ace Development Bank Limited

Head Office, Narayan Chour

Naxal, Kathmandu

P.O. Box: 13383

Tel: +977-1-4441110

Fax: +977-1-4445554

Email: info@ace.com.np

Website: www.ace.com.np