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Prabhu Bank
Nepalese commercial bank From Wikipedia, the free encyclopedia
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Prabhu Bank Limited[3] is a commercial bank in Nepal. The bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank[4] and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services.
 | This article needs additional citations for verification. (January 2021) |
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The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.[5]
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Ownership structure
The Bank currently has a paid-up capital of Nepalese Rupees 23.54 Billion (as of FY 2023/24) [6]
- Promoter Group - 51.00%
- General Public - 49.00%
Subsidiaries
The bank's subsidiaries are as follows:
Correspondent Network
The bank has been maintaining harmonious correspondent relationships with various international banks from various countries to facilitate trade, remittance, and other cross border services. Through these correspondents, the bank is able to provide services in any major currencies in the world.
External links
See also
References
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