Laxmi Sunrise Bank Limited is a

commercial bank A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with whol ...

Nepal Nepal, officially the Federal Democratic Republic of Nepal, is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain. It borders the Tibet Autonomous Region of China Ch ...

. The bank is an 'A' class commercial bank licensed by

Nepal Rastra Bank The Nepal Rastra Bank (NRB; ) was established on April 26, 1956 A.D. (Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic ...

and has branches across the nation with its head office in

Kathmandu Kathmandu () is the capital and largest city of Nepal, situated in the central part of the country within the Kathmandu Valley. As per the 2021 Nepal census, it has a population of 845,767 residing in 105,649 households, with approximately 4 mi ...

. The bank's shares are publicly traded on the

Nepal Stock Exchange The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. the Market Capitalization of the companies listed on NEPSE totaled . NEPSE opened its trading floor on 13 January 1994. The basic objective of NEPSE is to impart free mark ...

. The bank was formed with a merger between Laxmi Bank Limited and Sunrise Bank Limited. It started joint operations on July 14, 2023, and was eventually renamed Laxmi Sunrise Bank Limited.

Subsidiaries

The bank's subsidiaries are as follows: * LS Capital Limited. * Sunrise Securities Limited. * Laxmi Laghubitta Bittiya Sanstha Limited.

References

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External links

Official website
Banks of Nepal 2007 establishments in Nepal

Subsidiaries

See also

References

External links