Kumari Bank LimitedAddress: Tangal, Kathmandu
- Ownership : Public
- Employees : 500 above Employees
- Nature : Banking and Finance
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Kumari Bank Limited, came into existence as the fifteenth commercial bank of Nepal by starting its banking operations from Chaitra 21, 2057 B.S (April 03, 2001) with an objective of providing competitive and modern banking services in the Nepalese financial market. The Bank has paid up capital of NPR 13.87 billion.
Kumari Bank Limited has been providing wide-range of modern banking services through 228 points of representation located in various urban, semi urban part and rural parts of the country, with 192 branches, 13 extension counters and 25 Branchless Banking Units.
The Bank has pioneered in providing modern banking services like Internet Banking and Mobile Banking services. With the implementation of Core Banking Software, FINACLE (version 10), the Bank is confident that it will be able to provide a robust, ultra-modern banking platform for all customers throughout the country.
The Bank has been offering both Domestic and International Visa Debit Card and Credit Card, accessible in all VISA linked ATMs in Nepal and India, providing additional services to the customers through its 156 ATMs throughout the country and several POS terminals. Along with this, the Bank has also been offering latest Mobile Banking, Internet Banking , Viber Banking and QR Payments. The Bank has been able to get recognition as an innovative and fast-growing institution striving to enhance customer value and satisfaction backed by transparent business practices, professional management, corporate governance, and Total Quality Management as the organizational mission.
The Bank acquired Kasthamandap Development Bank Ltd., Paschimanchal Finance Co. Ltd., Mahakali Bikash Bank Ltd. and Kankrebihar Bikash Bank Ltd. on Asadh 2074; with an objective to fulfill the directive forwarded by Nepal Rastra Bank to attain the paid-up capital of NPR 8 billion. Further to that, the Bank acquired Deva Bikas Bank Limited and joint operation was started from Asadh 28, 2077. Post this acquisition, the Bank's branch-network reached 203 branches, 138 ATMs, Bank's loan investment to NPR 112 billion and deposit-base to NPR 124 billion.
The key focus of the Bank is always centered on serving unfulfilled needs of all customers by offering swift and modern technology-driven banking products and services, thereby leaving the impression as a financial institution truly committed to enhancing customer satisfaction, convenience and value.