Prabhu Bank
Prabhu Bank Limited[1] is a commercial bank in Nepal. The bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank[2] and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services.
Type | Public |
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NEPSE: 255 | |
Industry | Banking |
Headquarters | Babarmahal, Kathmandu |
Area served | Nepal |
Key people | Ashok Sherchan, CEO |
Products | Loans, Credit cards, Savings, Investment, Merchant banking |
Website | www.prabhubank.com |
The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.[3] It is one of the highest-earning banks in Nepal and is one of the banks having the highest number of shareholders.
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.
Network
Prabhu bank limited has been merged to Kist bank and others 2 banks (Prabhu Bikash Bank) in 2016 and 2015 respectively.[4]