Type: | Public |
Area Served: | Nepal |
Location: | Hattisar, Kathmandu, Nepal |
Foundation: | 3 April 2002 |
Key People: | Mr. Ajay Bikram Shah CEO[1] |
Products: | Credit cards, consumer banking, corporate banking, Financial services, investment banking, mortgage loans, private banking, private equity, wealth management |
Website: | www.laxmisunrise.com |
Laxmi Sunrise Bank Limited is a commercial bank in Nepal. The bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank[2] and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services. The bank was formed with merger between LAxmi Bank Limited and Sunrise Bank Limited and started joints operations from July 14 2023 and renamed as Laxmi Sunrise Bank Limited.
The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.[3] The bank currently has 262 [4] branches, 138 branchless banking units, 28 extension counters and 328 ATM terminals.
The bank has been maintaining 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.
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