Kumari Bank Limited

Kumari Bank Limited (NEPSE: KBL) is a Class A commercial bank operating 279 branches, 295 ATMs, and 41 extension counters across all seven provinces of Nepal through 655 service touchpoints. The bank provides comprehensive retail and corporate banking services including deposit accounts, credit facilities, remittance services, trade finance, credit cards, and digital banking solutions. The bank's digital offerings include the Kumari Smart mobile banking app, internet banking platform, and Kumari Fonepay Virtual Credit Card for QR-based payments. Kumari Bank maintains remittance partnerships with international institutions including Standard Chartered Bank and operates alliances covering over 20,000 disbursement locations through Kumari Remit. The bank offers VISA and Mastercard debit and credit cards in domestic and international variants. In January 2023, Kumari Bank completed a merger with Nepal Credit and Commerce Bank, expanding its operations and increasing paid-up capital to NPR 26.23 billion. The company was founded in 2001 and is headquartered in Tangal, Kathmandu, Nepal.

Key Facts

Branches and ATMs

279 branches, 295 ATMs, 41 extension counters (655 total service touchpoints)

Merger

Merged with Nepal Credit and Commerce Bank in January 2023 (share swap ratio 1:1)

Core Banking System

FINACLE version 10.2.25 for digital transformation

Remittance Network

Over 20,000 disbursement locations through Kumari Remit alliances

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