Alpine Development Bank Limited (ADBL), was established in 2007 and very quickly prolific to the rural and remote villages of Makwanpur, Chitwan and Kavra Palanchowk districts. Indroducing many innovative and accesable products and marketing concepts, the bank able to represente the market for its businesses. Now, the bank has been extensively recognized for its innovative products, accessable financial institution and better customer experience.

The vision of Alpine Development Bank Limited is to provide efficient modern banking services to all sectors of developing economy of the country being a dynamic, credible and capable financial institution.

To be a trustworthy partner for the progress of individuals and institutions by designing, producing and delivering the best financial solutions. The Bank will constantly strive to inculcate in its services five corporate values as follows:

Core Values and Ethical Principles:

Our core values tell us, our customers and the communities we serve, who we really are; what we are about; and the principles by which we pledge to conduct business. In essence, we believe that success can only be by living our core values and principles:

  • Customers Focus: At Alpine, our prime focus is to perfect our customer service. Customers are our first priority and driving force. We wish to gain customer confidence and be their trusted partner.
  • Quality: We believe a quality service experience is a paramount to our customers and we are strongly committed in fulfilling this ideal.
  • Honesty and Integrity: We ensure the highest level of integrity to our customers, creating an ongoing relationship of trust andconfidence. We treat our customers with honesty, fairness and respect.
  • Belief in our people: We recognize that employees are our most valuable asset adn our competitive strength. We respect the worth and dignity of individual employees who devote their careers for the progress of the bank.
  • Teamwork: We are a firm believer in teamwork and feel that loyal motivated teams can produce extraordinary results. We are derived by performance culture where recognition adn rewards are based on individual merit adn demonstrated track record.
  • Good Corporate Governance: Effective Corporate Governance procedures are essential to achieve and maintain public trust and confidence in any company, more so in a banking company. At Alpine, we are committed in following best practices resulting in good corporate governance.
  • Corporate Social Responsibility: As responsible corporate citizen, we consider it important to act in a responsible manner towards the environment and society. Our commitment has always been to behave ethically and contribute towards the improvement of quality of life of our people, the community and greatly the society, of which we are an integral part.

Strategic Objectives

  • To become one of the easiest, most friendly and reliable banking service providers to the customer.
  • To develop wider network, and reach for service delivery rural area nationally and internationally.
  • Continuous innovation and improvement of customer- focused financial products and services to cater to the needs of the market.
  • Develop and enhance corporate image and reputation of the bank by ensuring zero tolerance to the internal and external compliances
  • To explore new avenues for growth and profitability.

Board Of Directors  


sudarshan prasad adhikari,Head Office

Sudarshan Prasad Adhikari


Navaraj Raut


Mohana Lohani



Chiranjibi Basnet



Shukdev Joshi




niranjan parajuli

Niranjan Parajuli


Management Team





thing sir2

Lal Bahadur Thing
Chief Executive Officer

rajesh sir1

Rajesh Kumar Adhikari
Corporate Manager

shree krishna adhikari assistant manager

Shree Krishna Adhikari
Credit Head

Prashant Upadhyaya,Sanga

Prashant Upadhyaya
Regional Head - Kavre


Internal Audit

Hari Poudel, Narayangarh

Hari Poudel
Branch Chief, Narayangarh


Sandesh Khadka
Head Information Technology


Head Account

Dinesh K.C, Daman

Dinesh K.C
Branch Chief, Daman

Bijendra Pote Shrestha, Sanga

Bijendra Pote
Branch Chief, Banepa


Sudan Adhikari
Branch Chief, Manahari


Renuka Pathak
Branch Chief, Bhandara

Purussotam Sapkota,naldum

Purusottam Sapkota
Branch Chief, Sanga

sudip chetrichaughada branch

Sudip Chhetri
Branch Chief, Chaughada


Radhakrishna Lamichhane
Branch Chief, Bajrabarahi

madhu Lamichhane,Dolalghat

Madhu Lamichhane
Branch Chief, Naldum

duraga prasad dhungana branch chief paihani

Dhurga Prasad Dhungana
Branch Chief, Patihani

saroj bhandaridolalghat branch
Saroj Bhandari
Branch Chief, Dolalghat

lal bahadur mahatara

Lal Bahadur Mahatara
Branch Chief, Hattisude

kishor sapkotapadampur branch

Kishor Sapkota
Branch Chief, Padampur


Saroj Silwal
Branch Chief, Bhimphedi

Capital Plan

Amount in Rs.


Paid Up Capital

F/Y 2071/72

F/Y 2072/73

F/Y 2073/74

Ashad End 2072

Ashad End 2073

Ashad End 2074


Paid Up Capital





Bonus F/Y 2071/72 (23%)





Right Share (3:2.08475)





Bonus F/Y 2072/73 (15%) Projected





Bonus F/Y 2073/74 (15%) Projected





Right Share (3:2)





Total Paid Up Capital













Future Plan
As the Alpine Development Bank Limited. (ALPINE) has set its vision to be a dynamic credible and capable financial institution. It has focuses on need based products, efficient service and sustainable business.The ALPINE has sets it's expansion and growth strategy enhancing to the un-banked area adn serve the needy people to contributs economic development of the country.In the situation of low level of financial literacy in the rural and remote villages, the ALPINE will work to enhance the financial education of these areas.