Laxmi Sunrise Bank Limited

Laxmi Sunrise Bank Limited (NEPSE: LSL) is a Class A commercial bank in Nepal formed through the merger of Laxmi Bank Limited and Sunrise Bank Limited, commencing operations on July 14, 2023. Headquartered in Kathmandu, the bank provides comprehensive financial services across three main segments: personal banking (deposit accounts, consumer loans, credit/debit cards, remittance services, and digital banking solutions), business banking (corporate infrastructure financing, mid-market services, merchant solutions, and payment gateways), and institutional banking (fund management, correspondent banking, and business development financing). With 253 branches across 59 districts, 327 ATMs, 28 extension counters, and 96 branchless banking agents, Laxmi Sunrise Bank serves retail, corporate, SME, and institutional clients. The bank operates a mobile banking application and offers services in trade finance, wealth management, and investment banking. As of FY 2083, the bank holds total assets of NPR 512 billion, total deposits of NPR 428 billion, and total loans of NPR 321 billion, with a paid-up capital of NPR 26.78 billion and 2,859 employees. The bank is licensed by Nepal Rastra Bank and listed on the Nepal Stock Exchange.

Key Facts

Branch Network

253 branches across 59 districts

ATM Network

327 ATMs

Total Assets (FY 2083)

NPR 512 billion

Employee Count

2,859

Merger Date

July 14, 2023 (Laxmi Bank & Sunrise Bank)

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