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About Us

Company Overview
Rationale for the establishment of BDB
Bhutan Development Bank Limited (BDB) was incorporated by the Royal Charter, in January 1988, with assistance of the Asian Development Bank (ADB) to function as a development finance institution (DFI). BDB is registered as a company under the Companies Act (2000 and licensed under the Financial Institutions Act 1992).BDB now functions as a domestic development bank with cheque facilities after obtaining its banking license in March,2010.

BDB is the only Bank that gives focus to the rural farmers and immediately assumed responsibility for the nation-wide credit program, which mainly provide seasonal, small and medium term loans to the country’s small farmers. It had also commenced its Industrial Lending operations providing term finance and working capital for industrial and Agro-based ventures. Farmers Outreach banking was also introduced to the clients in the rural areas, where the field officers visit the farmers for loan disbursement, collection, deposit, withdrawal etc, at fixed period, place and time. The clients in the rural areas can save their expenses to come to the branch office. The Royal Government of Bhutan (RGoB) owns 96% of it’s paid up share capital.

It is governed by a Board of Directors. The Royal Monetary Authority, the central bank of the country regulates the operations as per the Prudential Rules and regulations and as per provisions of the Financial Services Act. The Board of Directors of BDB are appointed by the government.
The main objective is “ to promote the Agricultural, Industrial and Commercial development of the economy of Bhutan”

To be the strong, dependable and customer focused Bank that contributes towards achievement of GNH
Provide micro, small and medium financial services for the development and modernization of agricultural, commercial and industrial enterprises in the country;
Enhance income of the people thereby improve standard of living through provisions of financial services;
Provide financial services for private sector development;
Alleviate poverty;
Provide technical and advisory services to the enterprises; and
Mobilize external and internal funds for investments.

Core Values – PEOPLE

Professionalism – Give your Best
Excellence – Aim for higher ideals
Ownership – Own your Bank and care for your customers
Partnership – Work together for growth
Loyalty – Be true to oneself and stakeholders
Efficiency – Deliver prompt services

Where Does BDB Operate?
Head Office in Thimphu
3 Regional Offices
– Western Region based in Paro
– Central Region based in Gelephu
– Eastern Region based in Trashigang
33 Branches Nationwide
12 Extensions