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Machhapuchchhre Bank

Nepalese commercial bank From Wikipedia, the free encyclopedia

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Machhapuchchhre Bank Limited registered in 1998 as the first regional commercial bank from the western region of Nepal.[2][3][4] 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 since year 2000.

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Ownership structure

The Bank currently has a paid-up capital of Nepalese Rupees 11.62 Billion (as of FY 2022/23) [5]

  • Promoter Group - 51.00%
  • General Public - 49.00%

Subsidiaries

The bank's subsidiaries are as follows:

  • Machhapuchre Capital Limited.[6]
  • Machhapuchre Securities Limited. [7]

See also

References

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