Tourism Development Bank Ltd ( ne, टुरिजम डेभलपमेण्ट बैंक लिमिटेड; ) was a national level
development bank
A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis.
, total commitme ...
in
Nepal with its corporate office located in
Kathmandu.
The bank was established in 2009 and offered a wide range of financial products and services. It had a paid up capital of
NPR 780 million and had 15 branches.
The bank was also a member of society for worldwide international financial telecommunications
SWIFT.
Expansion
Tourism Development Bank completed the acquisition of Kalinchowk Development Bank & Matribhumi Bikas Bank and started joint operation on January 8, 2017. After the acquisition and further expansion of its business and capital, the bank's paid-up capital reached Rs 2002.7 million. The deposit base reached Rs 13100 million, and the bank floated loans worth Rs 12000 million. The development bank provided services to more than 100000 customers all over the country from 36 branches, 5 extension counters, and 19 ATM centers.
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. ...
References
External links
Official Website of Tourism Development Bank LimitedOfficial Website of Nepal Stock Exchange
Banks of Nepal
Tourism in Nepal
2009 establishments in Nepal
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