Type | Public |
---|---|
NEPSE: MBL | |
Industry | Banking |
Founded | 7 September 2000 [1] |
Headquarters | Lazimpat, Kathmandu |
Number of locations | 165Branches[2] |
Area served | Nepal |
Key people | Mr. Roshan KC (chairman) Mr. Santosh Koirala (CEO) |
Products | Smart Retail banking, Corporate banking, Credit cards, Digital Loans, Branchless Banking, Savings, Investment, Merchant banking |
Number of employees | 1500+ |
Website | www.machbank.com |
Machhapuchchhre Bank Limited registered in 1998 as the first regional commercial bank from the western region of Nepal.[3][4][5] 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.
Network
Machhapuchchhre Bank Limited . Machhapuchchhre Bank Limited popular as "MBL", founded in 1998, stands out as the pioneer among regional commercial banks in Nepal's Western region. The bank embarked on its banking journey in the naturally picturesque city of Pokhara, Nepal in the year 2000 AD. With an unwavering commitment to meeting the diverse financial needs of its customers, Machhapuchchhre Bank combines state-of-the-art technology with international banking best practices. The bank places great importance on serving its valued customers through an array of modern banking conveniences, underpinned by various digital innovations and channels that are redefining the payment industry. This customer-centric and service-oriented approach has garnered respect not only from its peers but also from customers and other stakeholders. In its pursuit of becoming a Smart Bank, MBL has been at the forefront of pioneering payment and service innovations. Prioritizing ease, convenience, and robust security measures in banking transactions, the bank acknowledges the significance of technology-driven banking and services. A core aspect of Machhapuchchhre Bank's identity lies in its commitment to compliance and governance, deeply ingrained in its organizational culture. The bank takes immense pride in upholding transparency and integrity in its banking operations, rooted in the foundation of trust. This motivation drives continuous efforts to strengthen the bank's risk management and governance structures. The origins of Machhapuchchhre Bank can be traced back to the visionary dedication of highly esteemed Non-Residential Nepalese individuals, prominent businessmen, and industrialists. Together, they share a common mission to deliver the highest quality financial products and services in the most efficient and professional manner possible. Presently, Machhapuchchhre Bank boasts a paid-up capital exceeding 10.25 billion rupees, supported by a vast network that encompasses 165 Branch Offices, 127 Branchless Banking Units BLB, 11 Extension Counters, and 203 strategically placed ATMs across Nepal. Notably, the bank takes great pride in owning its Head and Corporate Office buildings in Kathmandu, in addition to its branch offices in key locations such as Pokhara, Jomsom, Baglung, Bhairawaha, and Damauli. Machhapuchchhre Bank Limited has transformed into a full-fledged national-level commercial bank, leaving a profound impact on Nepal's banking landscape through its unwavering dedication to excellence and extensive nationwide presence. In its commitment to customer satisfaction, digital transformation to ease banking, and governance, Machhapuchchhre Bank draws inspiration from its peers.
See also
References
- ↑ "Establishment date of commercial bank". 21 August 2022.
- ↑ Annual report of Machhapuchhre Bank Ltd (PDF) (Report). 12 November 2021.
- ↑ "Machhapuchchhre Bank Limited - SmartBank #GoDigital".
- ↑ "Nepal Stock Exchange".
- ↑ "Machhapuchhre, Standard Finance Merging".