Kumari Bank Limited is one of the leading
commercial banks
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.
It can also refer to a bank, or a division of a large bank, which deals with corp ...
in
Nepal
Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne,
सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is mai ...
.
Its head office is located in Tangal,
Kathmandu
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. The current CEO of Kumari Bank Limited is Mr. Ram Chandra Khanal.
Kumari Bank Limited came into existence as the fifteenth commercial banks of Nepal, starting its banking operations from Chaitra 21, 2057 B.S (April 03, 2001) with an objective of providing competitive modern banking services in the Nepalese financial market. The Bank has paid up capital of NPR 14.87 billion.
Kumari Bank Limited provides a wide-range of modern banking services through 293 points of representation located in various urban, semi-urban and rural parts of the country, with 199 branches, 34 extension counters and 60 Branchless Banking Units.
The Bank has pioneered in providing modern banking services like Internet Banking and Mobile Banking. With the implementation of Core Banking Software, FINACLE (version 10), the Bank is confident that it will provide a robust, ultra-modern banking platform for all customers throughout the country.
The Bank has been offering both Domestic and International Visa Debit and Credit Card, accessible in all VISA linked ATMs in Nepal and India. It serves through 195 ATMs and - POS terminals across the country. Along with this, the Bank offers latest digital banking services such as Mobile, Internet, and Viber Banking and QR payments. The Bank is recognized as an innovative and fast-growing institution that always strives towards customer satisfaction. It has transparent business practices, professional management, corporate governance, and Total Quality Management as the organizational mission.
See also
*
List of banks in Nepal This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank.
Class A: Commercial banks
Commercial banks are rated as Class "A" banks by the Nepal Rastra Bank. There are 21 commercial banks as of 24 February 2023. ...
*
Nepal Stock Exchange
The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. the market capitalization of the companies listed on NEPSE was approximately .
The basic objective of NEPSE is to impart free marketability and liquidity to the government an ...
*
Nepal Rastra Bank
The Nepal Rastra Bank (NRB) ( ne, नेपाल राष्ट्र बैंक) was established April 26, 1956 A.D. (Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilit ...
References
External link
Kumari Bank Limited Official WebsiteKumari Bank Limited Management TeamKumari Bank Limited Online Account Opening
Banks of Nepal
Banks established in 2001
2001 establishments in Nepal
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