Journey of Transformation

2021

  • Launched VISA Credit and Debit cards
  • Implemented Enterprise Resource Planning system.
  • Became an agent for RIA money transfer.

2020

Launched RuPay Debit card.

2019

  • Inaugurated new corporate building.
  • BNB Ngotshab launched
  • Adopted BFRS.
  • Opened office in Sarpang.
  • ISO certified
  • Launched payment gateway for tour operators.

2018

  • BNBL Securities awarded Best Securities Firm for last 3 years during RSEBL Silver Jubilee Celebrations
  • Opened offices in Kanglung and Samdrupcholing

2017

Presence in all dzongkhags with the opening of offices in Gasa and Lingmethang.

2016

  • Launched MPay.
  • Opened office in Trashichhoeling.

2015

  • Achieved over a billion Profit after Tax.
  • Opened offices in Khasadrapchu, Nganglam and Lhuentse

2014

  • Upgraded banking software from based (FC7.3) to web based (FC12.0)
  • Opened offices in Babesa, Samdrupjongkhar town and Tashi Yangtse.

2013

Opened offices in Dagapela, Haa, Bondey, Tingtibi and Motithang.

2012

  • Introduced Piggy Bank to Bhutan, to help inculcate saving habits from childhood.
  • Introduced B-Wallet to Bhutan, a forerunner to the payment apps.
  • Opened offices in Taba, Tala, Rangjung, Wamrong and Trongsa.

2011

  • Introduced Rupee Denominated Prepaid Cards.
  • Opened offices in Olakha, Gomtu and Khuruthang.

2010

  • Introduced micro-branch concept to reach the unbanked.
  • Opened an office in Gyelpozhing.

2007

Introduced internet banking to Bhutan.

2006

Introduced global credit cards to Bhutan.

2004

Introduced ATM services to Bhutan.

1980 – 1997

  • 6th January opened for business.
  • Converted to BNB, first financial institution to float IPO.
  • Unit Trust of Bhutan incorporated as an independent financial institution.
  • A Unit Trust Department in RICB.