Kumari Bank Limited (KBL)

About Kumari Bank Limited

Overview

Kumari Bank Limited is one of Nepal's leading commercial banks, committed to delivering innovative, customer-centric, and technology-driven banking services. Established as the 15th commercial bank of Nepal, the bank commenced its banking operations on Chaitra 21, 2057 B.S. (April 3, 2001) with the objective of providing modern, competitive, and reliable financial services to individuals, businesses, and institutions across the country.

With a paid-up capital of NPR 26.23 billion, Kumari Bank Limited has grown into a trusted financial institution by combining financial strength, technological innovation, and a strong commitment to customer satisfaction. The bank operates under sound corporate governance principles, transparent business practices, professional management, and a culture of continuous improvement.

Nationwide Banking Network

Kumari Bank Limited provides comprehensive banking services through an extensive nationwide network spanning urban, semi-urban, and rural areas of Nepal. The bank currently serves customers through:

• 299 Branches

• 47 Extension Counters

• 62 Branchless Banking Units

• 345 ATMs

With a total of 408 customer service points, the bank continues to expand financial access and promote financial inclusion throughout Nepal.

Digital Banking & Innovation

Kumari Bank Limited has been a pioneer in introducing modern digital banking solutions in Nepal. The bank was among the early adopters of Internet Banking and Mobile Banking, offering customers secure, convenient, and seamless access to banking services anytime and anywhere.

Powered by the FINACLE Version 10 Core Banking System, the bank provides a robust and integrated banking platform that enables efficient, real-time banking services across all branches.

The bank offers a comprehensive range of digital banking solutions, including:

• Mobile Banking

• Internet Banking

• Viber Banking

• QR Payment Services

• Domestic and International Visa Debit Cards

• Domestic and International Visa Credit Cards

Customers can conveniently access these services through the bank's nationwide ATM network and Visa-enabled payment infrastructure.

Growth Through Strategic Expansion

Kumari Bank Limited has strengthened its market position through strategic mergers and acquisitions that have expanded its geographic reach and service capabilities.

In Asadh 2074 B.S., the bank acquired:

• Kasthamandap Development Bank Limited

• Paschimanchal Finance Company Limited

• Mahakali Bikas Bank Limited

• Kankrebihar Bikas Bank Limited

These acquisitions were undertaken in line with the Nepal Rastra Bank directive on increasing the minimum paid-up capital of commercial banks.

Subsequently, Deva Bikas Bank Limited was merged into Kumari Bank Limited, with joint operations commencing on Asadh 28, 2077 B.S.

A major milestone was achieved on January 1, 2023, when Nepal Credit and Commerce Bank Limited (NCC Bank) merged with Kumari Bank Limited. This strategic merger further enhanced the bank's operational scale, customer reach, and financial strength.

Following the merger, the bank has:

• 299 Branches

• 345 ATMs

• Loan Portfolio of approximately NPR 280 billion

• Deposit Base of approximately NPR 302 billion

These achievements reinforce Kumari Bank Limited's position as one of Nepal's largest and fastest-growing commercial banks.

Vision

To be the preferred financial partner for our customers, a destination for professional growth for our employees, and a creator of sustainable value for our shareholders while contributing to the development of Nepal's financial sector and national economy.

Mission

To deliver innovative banking products and financial services that promote financial inclusion while upholding the highest standards of corporate governance, proactive risk management, operational excellence, and corporate social responsibility.

Commitment to Excellence

Kumari Bank Limited continues to build lasting relationships with its customers by delivering innovative financial solutions, embracing digital transformation, and maintaining the highest standards of integrity, transparency, and service excellence. With a strong nationwide presence, modern banking technology, and a customer-first approach, the bank remains dedicated to supporting individuals, businesses, entrepreneurs, and communities while contributing to Nepal's sustainable economic growth.