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Prabhu Bank

Nepalese commercial bank From Wikipedia, the free encyclopedia

Prabhu Bank Limited[3] is a commercial bank in Nepal. The bank is an 'A' class commercial bank licensed by Nepal Rastra Bank[4] and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services.

Native name
प्रभु बैक लिमिटेड
TypePublic
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Prabhu Bank Limited
Native name
प्रभु बैक लिमिटेड
TypePublic
NEPSE: 255
IndustryBanking, Financial services
Founded2001
HeadquartersBabarmahal, Kathmandu
Number of locations
300 (2025)
Area served
Nepal
Key people
Kishor Jung Karki (chairman)
Suman Sharma (CEO)
ServicesBanking, Loans, Credit card, Savings, Investment, Merchant banking
Increase रू260 crore (US$17 million)[1] (2022)
Number of employees
2000+
SubsidiariesPrabhu Capital Ltd.[2]
Websitewww.prabhubank.com
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The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.[5]

Ownership structure

The Bank currently has a paid-up capital of 23.54 billion Nepalese rupees (as of FY 2023/24).[6]

  • Promoter Group - 51.00%
  • General Public - 49.00%

Subsidiaries

The bank's subsidiaries are as follows:

  • Prabhu Capital Limited.[7]
  • Prabhu Stock Market Limited.[8]

Correspondent Network

The bank has been maintaining harmonious correspondent relationships with various international banks from various countries to facilitate trade, remittance, and other cross border services. Through these correspondents, the bank is able to provide services in any major currencies in the world.

See also

References

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