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Machhapuchchhre Bank Ltd. (Nepal)

Main Activities: Other Depository Credit Intermediation
Full name: Machhapuchchhre Bank Ltd. Profile Updated: June 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Bank, registered in 1998, is the first commercial bank in the western part of the Kingdom of Nepal having head office in Pokhara.
The Bank with perception of tremendous business potentials outside Kathamandu, in a very short span of time, expanded branches in Kathmandu, Damauli, Bhairahawa, Birgunj, Mahendrapul (Pokhara), Rambazar (Pokhara) and in Bagar (Pokhara). A full-fledged banking branch is opened in Jomsom too.
The Bank aims at serving the people of urban and rural areas. The Bank strives to facilitate its customer needs by delivering the best services in combination with the state of the art technologies and international practices.
The Bank introduce centralized banking software, GLOBUS BANKING SYSTEM of Temenos NV, Switzerland. The bank provides modern banking facilities such as Any Branch Banking, Internet Banking, Mobile Banking, Safe Deposit Locker facilities, Utility Bill payment (Telephone Mobile), ATM (VISA Debit Cards ) to its valued customers.
The Bank s shares are listed on Nepal Stock Exchange.The Bank starting date report 2019-04-13 are disclosed for consolidated and its subsidiary which is C and N

Headquarters
Mbl Tower Lazimpat, Lazimpat
Kathmandu; Bagmati;

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Website: http://www.machbank.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1998
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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88.36%
Company Performance
Financial values in the chart are available after Machhapuchchhre Bank Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NPR. Absolute financial data is included in the purchased report.
Net interest income
-6.76%
Operating profit (EBIT)
-18.57%
Net Profit (Loss) for the Period
-23.66%
Total assets
1.67%
Total equity
7%
Total Assets Trend
-2.65%
Net Interest Income Trend
N/A

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