Kumari Bank

Kumari Bank
कुमारी बैंक लिमिटेड
Company typePublic
NEPSE: 142
IndustryBanking, financial services
Founded2001
HeadquartersTangal 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)
ProductsBanking Consumer banking, corporate banking, finance and insurance, investment banking, savings, securities
रू211 crore (US$16 million)[2] (2024)
SubsidiariesKumari Capital Limited.
RatingBB+ [3]
Websitewww.kumaribank.com 

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.

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%

Subsidiaries

The bank's subsidiaries are as follows:

  • Kumari Capital Limited.[7]
  • KBL Securities Limited. [8]

See also

References

  1. ^ "KBBL Branches".
  2. ^ "Kumari Bank Limited has posted a net profit of Rs 2.11 billion". 7 August 2025.
  3. ^ "Kumari Bank Limited: Ratings downgraded; continue to ..." (PDF). 27 January 2025.
  4. ^ "Kumari Bank Limited". 17 July 2017.
  5. ^ "KBL Appoints Mr. Ram Chandra Khanal As CEO For A Tenure Of 4-Years". sharesansar.com. 2016-12-15. Retrieved 2022-06-16.
  6. ^ https://nepalstock.com.np/company/detail/134. {{cite web}}: Missing or empty |title= (help)
  7. ^ "Home". kumaricapital.com. Archived from the original on 2013-08-19. Retrieved 2024-07-18.
  8. ^ "Home". kblsecurities.com.


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