Mega Bank Nepal Explained

Mega Bank Nepal Limited मेगा बैंक लिमिटेड
Type:	Public
Foundation:	July, 2010
Hq Location:	Rising Mall, Kamaladi, Kathmandu
Num Locations:	208 ^[1]
Key People:	Bhoj Bahadur Shah Chairman
Products:	Loans, Credit cards, Savings, Investment, Merchant banking, Remittance
Area Served:	Nepal,
Industry:	Banking, Financial services
Net Income:	^[2]
Net Income Year:	2022
Num Employees:	1500+
Subsid:	Mega Capital Market Ltd. ^[3]
Homepage:	www.megabanknepal.com

Mega Bank Nepal Limited^[4] was an ‘A’ class commercial bank licensed by Nepal Rastra Bank^[5] and had branches all across the nation with its head office in Kathmandu which provides entire commercial banking services.

The bank's shares were publicly traded as an 'A' category company in the Nepal Stock Exchange under the ticker symbol MEGA.It merges with Nepal Investment Bank to form Nepal Investment Mega Bank. This new bank started joint operation from January 11,2023.

Network

Before merger, the bank has 208 branches, 25 extension counter and 146 ATMs throughout Nepal. The bank also has 60 branchless banking centers^[6] and more than 2300 remit agents.

External links

• Official website

See also

• List of banks in Nepal
• Commercial Banks of Nepal

Notes and References

1. Web site: Background of Mega | Mega Bank Nepal .
2. Web site: Mega Bank Nepal Limited has posted a net profit of Rs 2.83 billion and published its 4th quarter company analysis of the fiscal year 2078/79 . 15 December 2016 .
3. Web site: Company – Mega Capital Markets Limited .
4. Web site: Home . megabanknepal.com.
5. Web site: Home . nrb.org.np.
6. Web site: Mega Branchless Banking . www.megabanknepal.com . dead . https://web.archive.org/web/20150714081138/http://www.megabanknepal.com/page/mega-branchless-banking . 2015-07-14.