Machhapuchchhre Bank
A Nepalese Class A commercial bank founded in Pokhara and operating nationwide in Nepal.
Last updated August 25, 2026
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Overview
Machhapuchchhre Bank Limited is a Nepalese commercial bank headquartered in Pokhara, in the western part of Nepal. The institution was registered in 1998 and is described as the first regional commercial bank established from Nepal's western region. Its name refers to Machhapuchchhre, the distinctive Himalayan mountain also known as Fishtail, located near Pokhara and closely associated with the bank's place of origin. The bank began banking operations in 2000 from its own head office in the foothills of Machhapuchchhre. It operates as an 'A' class commercial bank under Nepal's banking system, providing general commercial-banking services to individuals, businesses, and other institutional customers. Its activity is focused on the Nepalese market rather than on an international branch network. The brand's business scope includes conventional banking products such as deposit accounts, lending, payments, and other services normally provided by a full-service commercial bank. Publicly available reference material does not provide a complete current catalogue of products, customer segments, branch locations, digital channels, or service-level details, so those areas are not expanded beyond what can be supported. Machhapuchchhre Bank has also developed affiliated capital-markets businesses. Its identified subsidiaries are Machhapuchre Capital Limited and Machhapuchre Securities Limited. These subsidiaries extend the wider group’s activities beyond deposit-taking and lending into capital-market and securities-related services, although the available reference material does not specify their full product ranges or operating results. The bank has a mixed ownership structure. Reference material reports that, in fiscal year 2025/26, the bank had paid-up capital of NPR 12.08 billion, with promoter shareholders holding 51 percent and the general public holding 49 percent. This figure and ownership split are time-specific and should not be treated as a timeless description of the institution's capitalization. No current stock ticker, official website, detailed financial statements, or named executives were supplied in the source material. Overall, Machhapuchchhre Bank is a Nepal-focused commercial-bank brand whose identity is rooted in Pokhara and western Nepal. Its principal development path has been from a regionally founded bank established in the late 1990s into a broader commercial banking institution with affiliated capital-market companies.
History
Machhapuchchhre Bank Limited was registered in 1998 as a regional commercial-bank venture originating in western Nepal. Its establishment was significant in the context of Nepalese banking because it was identified as the first regional commercial bank from the western region. The institution took its name from Machhapuchchhre, the Himalayan mountain associated with Pokhara and the surrounding area, giving the bank a strong geographic identity from the outset. The bank commenced banking operations in 2000. Its initial operating base was its own head office situated in the foothills of Machhapuchchhre in Pokhara. This location connected the institution to the city and region that formed its historical foundation, while its classification as an 'A' class commercial bank placed it within Nepal's full-service commercial-banking sector. Over time, Machhapuchchhre Bank developed beyond its original regional identity into a Nepal-focused commercial banking institution. The available reference material does not provide a detailed chronology of branch expansion, product launches, mergers, technology initiatives, or changes in management, so those developments cannot be dated reliably here. Its documented business scope is consistent with commercial banking, including deposit-taking, lending, payments, and related services for customers in Nepal. The institution subsequently established or operated subsidiaries in the capital-markets field. The identified subsidiaries are Machhapuchre Capital Limited and Machhapuchre Securities Limited. Their inclusion indicates that the broader Machhapuchchhre banking group has activities adjacent to traditional banking, although the supplied sources do not describe the subsidiaries' founding dates, ownership percentages, detailed services, or financial performance. The bank's ownership is divided between promoter shareholders and the general public. For fiscal year 2025/26, the supplied reference reports paid-up capital of NPR 12.08 billion, with promoters holding 51 percent and the general public holding 49 percent. Because this is a period-specific disclosure, it represents the reported position for that fiscal period rather than a permanent capitalization figure. Machhapuchchhre Bank remains an active Nepalese commercial-bank brand in the supplied reference material. Its historical narrative is therefore defined by three identifiable stages: registration in 1998, commencement of operations in Pokhara in 2000, and subsequent development into a commercial banking group with capital-market subsidiaries. More granular information about its present-day network, digital banking proposition, leadership, campaigns, regulatory history, and financial performance requires additional authoritative sources.
- 2025
Reported paid-up capital and ownership structure
[1]The supplied reference reports paid-up capital of NPR 12.08 billion for fiscal year 2025/26, with promoters holding 51 percent and the general public holding 49 percent.
- 2000
Banking operations began in Pokhara
[1]The bank began operating from its own head office in the foothills of Machhapuchchhre near Pokhara.
- 1998
Bank registered
[1]Machhapuchchhre Bank Limited was registered as a regional commercial bank originating in western Nepal.
Products and positioning
A Nepalese full-service commercial bank with roots in Pokhara and western Nepal, serving retail, business, and institutional customers and supported by affiliated capital-market companies.
Banking
Commercial banking services
Machhapuchchhre Bank operates as an A-class commercial bank in Nepal. Its documented business category covers full-service banking activities such as deposits, lending, payments, and related services for retail, business, and institutional customers. The supplied sources do not provide a sufficiently detailed product catalogue to identify specific account names, loan schemes, fees, or digital features.
Capital markets
Capital-market services
The Machhapuchchhre group includes Machhapuchre Capital Limited and Machhapuchre Securities Limited. These subsidiaries indicate participation in capital-market and securities-related activities alongside the bank's core commercial-banking operations. The available source does not specify their individual service menus, launch dates, or current operating scope.
Sources1 sources
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