Machhapuchchhre Bank Explained

Machhapuchchhre Bank माछापुच्छ्रे बैंक
Foundation:	^[1]
Location:	Lazimpat, Kathmandu
Key People:	Mr. Roshan KC (chairman) Mr. Santosh Koirala (CEO)
Products:	Smart Retail banking, Corporate banking, Credit cards, Digital Loans, Digital banking, Savings, Investment, Merchant bank
Num Locations:	180
Area Served:	Nepal
Industry:	Banking
Num Employees:	1500+

Machhapuchchhre Bank Limited registered in 1998 as the first regional commercial bank from the western region of Nepal.^{[2] [3] [4]} The 'A' class commercial bank started its banking operations from its own head office located in the foothills of Machhapuchchhre in the town of Pokhara since year 2000.

Ownership structure

The Bank currently has a paid-up capital of Nepalese Rupees 11.62 Billion (as of FY 2022/23) ^[5]

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

Subsidiaries

The bank's subsidiaries are as follows:

• Machhapuchre Capital Limited.^[6]
• Machhapuchre Securities Limited. ^[7]

See also

• List of banks in Nepal

Notes and References

1. Web site: Establishment date of commercial bank. 21 August 2022.
2. Web site: Machhapuchchhre Bank Limited - SmartBank #GoDigital.
3. Web site: Nepal Stock Exchange.
4. Web site: Machhapuchhre, Standard Finance Merging.
5. Web site: https://nepalstock.com.np/company/detail/142.
6. Web site: Home . mcl.com.np.
7. Web site: Home . msl.com.np.