FITI Equity Share
The first step towards the creation of Ministry of Finance took place during the 16th session of the National Assembly held on the 9th July 1961.Read More >>
Bank of Bhutan Limited, the oldest bank of the country, was established by Royal Charter in May 1968. It also acted as the Central Bank of Bhutan till the establishment of the Royal Monetary Authority of Bhutan in 1982.Read More >>
Bhutan National Bank Limited (BNB) was established on 6th January 1997. Prior to its establishment, it was known as Unit Trust of Bhutan (UTB), an undertaking of the government that functioned as a subsidiary of RICB with an initial capital of Nu.2.5 million.Read More >>
Royal Insurance Corporation of Bhutan Limited, the second oldest financial institution in the country, was incorporated on 7th January 1975 under the Royal Charter. The primary mandate of RICB is to meet the insurance needs of the people and to actively…Read More >>
Druk PNB was incorporated under the Companies Act of the Kingdom of Bhutan 2000 in the year 2008, and licensed to operate as commercial bank by the Royal Monetary Authority of Bhutan under the Financial Institutions Act of Bhutan 1992.Read More >>
The institution of retirement scheme was first introduced through the benevolence of the “Great Fourth” Druk Gyalpo Jigme Singye Wangchuck in 1961. It started with a gratuity scheme and then the introduction of government employees provident fund (GEPF)..Read More >>
The Royal Charter, January 1988, incorporated Bhutan Development Bank Limited (BDBL) with assistance from Asian Development Bank (ADB) to function as a development finance institution (DFI). BDB is now registered as a company under the…Read More >>
BIL was incorporated under the Companies Act of the Kingdom of Bhutan 2000 in the year 2009, and licensed to engage in the business of General Insurance by the Royal Monetary Authority of Bhutan in pursuant to Part II of the Financial Institutions Act…Read More >>
T Bank Limited was established as a fourth commercial bank on 10th March 2010 to carry out banking business in the country, in line with the license issued by the Royal Monetary Authority of Bhutan (RMA). It commenced its banking operation with establishment of Corporate Office and Thimphu branch office on 12th March 2010.Read More >>