Kumari Bank
Nepalese bank
From Wikipedia, the free encyclopedia
Kumari Bank Limited is the fifteenth commercial bank in Nepal that launched in 2001.[4] At establishment, it had an authorized capital of NPR 2 billion and a paid-up capital of NPR 1.83 billion.
Kumari Bank Limited | |
| Company type | Public |
|---|---|
| NEPSE: 142 | |
| Industry | Banking, financial services |
| Founded | 2001 |
| Headquarters | Tangal Kathmandu, Nepal |
Number of locations | 303 Branches (2025 [1]) |
Area served | Nepal |
Key people | Mr. Amir Pratap J.B. Rana (chairman) Mr. Ram Chandra Khanal (CEO) |
| Products | Banking Consumer banking, corporate banking, finance and insurance, investment banking, savings, securities |
| Subsidiaries | Kumari Capital Limited. |
| Rating | BB+ [3] |
| Website | www |
History
Kumari Bank Limited came into existence as the fifteenth commercial bank of Nepal, starting banking operations from Chaitra 21, 2057 B.S (April 3, 2001) with an objective of providing competitive modern banking services in the Nepalese financial market. The bank has a paid-up capital of NPR 26.23 billion.
The Bank has been offering both Domestic and International Visa Debit and Credit Cards, accessible in all VISA linked ATMs in Nepal and India. It serves through 294 ATMs and over 1,200 POS terminals across the country. Additionally, the Bank offers the latest digital banking services such as mobile banking, online banking, Viber banking and QR payments. It has transparent business practices, professional management, corporate governance, and Total Quality Management as the organizational mission.
Its head office is located in Tangal, Kathmandu. The current CEO of Kumari Bank Limited is Mr. Ram Chandra Khanal.[5]
Ownership structure
The Bank currently has a paid-up capital of 22.6 billion Nepalese rupees (as of FY 2025/26).[6]
- Promoter Group - 51%
- General Public - 49%