dbo:abstract
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- Laxmi Bank is the 16th commercial bank in Nepal, founded in 2002. In 2004 Laxmi Bank merged with HISEF Finance Limited, a first-generation finance company. This is the first merger in Nepali corporate history. In 2016, the Bank also acquired Professional Diyalo Bikas Bank, a regional development Bank. Laxmi Bank is a Category ‘A’ Financial Institution and re-registered in 2006 under the Banks and Financial Institutions Act of Nepal. The Bank’s shares are listed and actively traded in the Nepal Stock Exchange. The bank also promoted a life insurance company known as in 2007 and holds 15% shareholding stake in it. The bank is primarily recognized for its stringent credit policies, conservative approach to banking and pioneers in technological innovations in banking services. Laxmi Bank’s microfinance subsidiary – Laxmi Laghubitta Bittiya Sanstha Ltd, a category D financial institution licensed by Nepal Rastra Bank is in operation since 2012. (en)
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dbo:foundingYear
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dbo:numberOfEmployees
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- 1283 (xsd:nonNegativeInteger)
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- 137 (xsd:nonNegativeInteger)
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- 4946 (xsd:nonNegativeInteger)
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dbp:foundation
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dbp:industry
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dbp:keyPeople
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- Mr. Raman Nepal (en)
- Mr.Ajaya Bikram Shah ( ) (en)
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dbp:location
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- Laxmi Bank Limited (en)
- Hattisar , Kathmandu (en)
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dbp:logo
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- Laxmi Bank's logo.png (en)
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dbp:name
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- Laxmi Bank Limited (en)
- लक्ष्मी बैंक लिमिटेड (en)
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dbp:numEmployees
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dbp:numLocations
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dbp:products
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- consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management, Credit cards, (en)
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dbp:subsid
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- Laxmi Capital Market Limited (en)
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rdfs:comment
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- Laxmi Bank is the 16th commercial bank in Nepal, founded in 2002. In 2004 Laxmi Bank merged with HISEF Finance Limited, a first-generation finance company. This is the first merger in Nepali corporate history. In 2016, the Bank also acquired Professional Diyalo Bikas Bank, a regional development Bank. Laxmi Bank is a Category ‘A’ Financial Institution and re-registered in 2006 under the Banks and Financial Institutions Act of Nepal. The Bank’s shares are listed and actively traded in the Nepal Stock Exchange. (en)
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foaf:depiction
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foaf:homepage
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foaf:isPrimaryTopicOf
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foaf:name
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- Laxmi Bank Limited (en)
- लक्ष्मी बैंक लिमिटेड (en)
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