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Kist Bank (before Merchant Banking and Finance) Ltd

The Kist Bank was incorporated in the 2002 as a 55th Finance Company under the Finance Company Act 1985 and the Company Act, 1996. The company has been licensed by the Nepal Rastra Bank (Central Bank of Nepal) to undertake financial services and merchant banking activities in the country. It has commenced its operations from 21st of February 2003. The company is designing its various loan schemes as per the customer's need and the most productive financial plan. The company believes in building lasting relationships and making people feel a part of our company.

Company is committed to provide financial services to its customer in a today’s competitive environment. In order to achieve its goal, the company has recruited a team of young and dynamic professionals to carry out day-to-day operations of the company. The professionalism and the experience gained by its managing director in various sectors of finance over the past several years enable the company to serve its customers in a more reliable and flexible manner to their full satisfaction. Hard work, perseverance, loyalty, dedication to the customers is the attributing factor to the success of Company.

 

Website of Kist Bank Ltd: http://www.kistbank.com/

 

 
News about the Kist Merchant Banking and Finance Ltd
08-06-13
After police arrested his wife on charge of banking fraud and fingers pointing at him also, an embattled Kamal Prasad Gyawali has called it quits from the post of CEO of KIST Bank Limited and its operator.

18-12-09
Kist Bank Ltd, a commercial bank, has opened its new branch office in Gongabu of Kathmandu.

01-06-09
An agreement has been signed between NIC Bank, Bank of Asia Nepal and Kist Bank to provide banking services to customers from any of their branches. Their customers can deposit, withdraw and transfer money from any branch of these three banks. Customers will get the banking facilities through about 70 branches of those banks across the country.

23-3-2009
Kist Merchant Banking and Finance Ltd on Sunday inaugurated its 20th branch office at Koteshwor in Kathmandu. The 26th commercial bank, which got the approval from Nepal Rastra Bank last Monday, will open five more branches soon. Right now, there are 173 financial institutions under NRB.

13-2-2009
 Kist Merchant Banking and Finance Ltd opened its 17th branch office in Chitwan on Wednesday. The company is planning to open branch offices at Dolakha, Bhaktapur, Banepa, Ratna Nagar, Koteshwor and Sinamangal

6-1-2009
KIST Merchant Banking and Finance Ltd has started operation of a 13th branch office at Khairani, Rupandehi, from January 6. KIST is prepared to upgrade itself to an A-grade commercial bank. It plans to declare itself a commercial bank on its anniversary on February 20, after Nepal Rastra Bank’s nod.

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