Affiliations
National Cooperative Federation of Nepal (NCF)
The National Cooperative Federation of Nepal (NCF) is the apex body of cooperatives of all types and levels in Nepal. NCF was founded on June 20, 1993 based on the universally accepted cooperative values and principles. It functions as a bridge between cooperatives and the government at the national and international levels and leads the cooperative movement of Nepal.
National Cooperative Bank Ltd.
National Cooperative Bank Limited (NCBL) was established in 2003, as the only bank in the cooperative movement of Nepal at national level, in exercise of the power conferred by the sub-section 4 of section 26 under the then prevailing Cooperative Act, 1992 (first amendment, 2000) and from the recommendation of Nepal Rastra bank (Central bank of Nepal) as an umbrella institution to provide banking and financial services to all its member cooperatives following the long and continuous demand and efforts of cooperators. Assessing the importance of setting up a separate bank to exclusively support the cooperatives in the country, Nepal Government had amended the Cooperative Act, 1992 and released NPR10 million as equity participation in the fiscal year 2000 /2001. It has been successfully carrying out cooperative banking business since twentieth years.
Bagmati Province Cooperative Union Ltd.
Bagmati Province Cooperative Union Ltd. was established based on legal provisions that can be registered and operated at the state level as an umbrella association of cooperative organizations of Bagmati Province.