Tourism Development Bank

Tourism Development Bank Ltd (NEPSE: TDBL) is a national level development bank in Nepal with its corporate office located in Kathmandu.[1][2] The bank was established in 2009 and offers a wide range of financial products and services. It has a paid up capital of NPR 780 million and has 15 branches.[3][4] The bank is also a member of society for worldwide international financial telecommunications SWIFT.[5]

Tourism Development Bank Limited
TypePublic
NEPSE: TDBL
IndustryBanking
FoundedOctober 28, 2009 (2009-10-28)
Headquarters
Gyaneshwor, Kathmandu
,
Nepal
Area served
Nepal
Key people
Mahesh Sharma Dhakal (CEO)
ProductsLoans,Savings, Investments, Remittance, International Travel Card
Number of employees
330
Websitewww.tdbl.com.np

Expansion

Tourism Development Bank has recently completed the acquisition of Kalinchowk Development Bank & Matribhumi Bikas Bank and started joint operation from 8 January 2017. After the acquisition and further expansion of its business and capital, the paid up capital of the bank has reached Rs 2002.7 million. The deposit base has reached Rs 13100 million, and the bank has floated loans worth Rs 12000 million. The development bank now provides services to more than 100000 customers all over the country from 36 branches, 5 extension counter, and 19 ATM centers.[6]

See also

References
  1. "Tourism Development Bank Limited: Private Company Information - Businessweek". Bloomberg.com. Retrieved November 10, 2016.
  2. ShareSansar (20 April 2016). "Tourism & Kalinchowk Dev. Bank signed MOU for acquisition". ShareSansar. Retrieved November 8, 2016.
  3. "Development Bank Supervision Report 2014" (PDF). Retrieved November 10, 2016.
  4. "TDBL". www.tdbl.com.np. Retrieved 3 November 2016.
  5. "SWIFT". Retrieved November 10, 2016.
  6. "Tourism Development Bank starts joint operation after acquiring Matribhumi and Kalinchowk Dev Bank".


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