Machhapuchchhre Bank
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Machhapuchchhre Bank Limited registered in 1998 as the first regional commercial bank from the western region of Nepal. 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 Pokhara ( ) is a metropolis, metropolitan city located in central Nepal, which serves as the capital of Gandaki Province. Named the country's "capital of tourism" it is the List of cities in Nepal, second largest city after Kathmandu, with 599,5 ...
since year 2000.


Ownership structure

The Bank currently has a paid-up capital of Nepalese
Rupees Rupee (, ) is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Afr ...
11.62 Billion (as of FY 2022/23) *Promoter Group - 51.00% *General Public - 49.00%


Subsidiaries

The bank's subsidiaries are as follows: * Machhapuchre Capital Limited. * Machhapuchre Securities Limited.


See also

*
List of banks in Nepal The Nepal Rastra Bank has licensed 107 BFIs as of mid-Jan 2025 and 4 of them are declared problematic a& transactions are suspended. This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank and their branches/ ...


References

Banks of Nepal 1998 establishments in Nepal {{nepal-stub