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Machhapuchchhre Bank

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Machhapuchchhre Bank
माछापुच्छ्रे बैंक
Company typePublic
NEPSE140
IndustryBanking
Founded7 September 2000; 24 years ago (2000-09-07) [1]
HeadquartersLazimpat, Kathmandu
Number of locations
180
Area served
Nepal
Key people
Mr. Roshan KC (chairman)
Mr. Santosh Koirala (CEO)
ProductsSmart Retail banking, Corporate banking, Credit cards, Digital Loans, Digital banking, Savings, Investment, Merchant bank
Number of employees
1500+
Websitewww.machbank.com Edit this on Wikidata

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

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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

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The bank's subsidiaries are as follows:

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

See also

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References

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  1. ^ "Establishment date of commercial bank". 21 August 2022.
  2. ^ "Machhapuchchhre Bank Limited - SmartBank #GoDigital".
  3. ^ "Nepal Stock Exchange".
  4. ^ "Machhapuchhre, Standard Finance Merging".
  5. ^ https://nepalstock.com.np/company/detail/142. {{cite web}}: Missing or empty |title= (help)
  6. ^ "Home". mcl.com.np.
  7. ^ "Home". msl.com.np.