Laxmi Sunrise Bank
A Nepalese Class A commercial bank created through the merger of Laxmi Bank and Sunrise Bank.
Last updated August 26, 2026
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Overview
Laxmi Sunrise Bank Limited is a Nepalese commercial bank headquartered in Kathmandu. It operates as a Class A commercial bank under a license from Nepal Rastra Bank, Nepal’s central bank, and serves customers through a nationwide branch network. The institution is the successor to two separately established Nepalese banks, Laxmi Bank Limited and Sunrise Bank Limited. Their merger brought the two businesses together, with the combined bank beginning joint operations on July 14, 2023, before adopting the Laxmi Sunrise Bank Limited name. The merger made Laxmi Sunrise Bank a significant participant in Nepal’s commercial-banking sector by combining the predecessor banks’ customer relationships, branch infrastructure, employees, and financial-service operations. Its business scope is that of a full-service commercial bank, encompassing banking services for individuals, businesses, and other institutional customers. The available reference material does not provide a complete current product catalogue, but a bank of this regulatory class generally organizes its offering around deposit-taking, lending, payments, remittances, transaction banking, and related digital or branch-based services. Specific product names and launch dates are not established in the supplied sources and are therefore not listed as fact here. The bank operates within Nepal rather than as an identified international banking group. Its shares are publicly traded on the Nepal Stock Exchange. The ownership structure reported for the merged institution consists of a 51 percent promoter group holding and 49 percent general-public holding. The bank’s reported paid-up capital was NPR 26.78 billion in fiscal year 2025/26. Because that figure is time-specific, it should not be treated as a permanent capital level. Laxmi Sunrise Bank also has subsidiary interests identified in the reference material: LS Capital Limited, Sunrise Securities Limited, and Laxmi Laghubitta Bittiya Sanstha Limited. These subsidiaries indicate activity connected with capital-market services, securities, and microfinance-related financial services, although the supplied material does not describe their current operating scope in detail. The brand’s principal strategic significance is its role as the post-merger identity of Laxmi Bank and Sunrise Bank. The earlier name Sunrise Bank Limited remains relevant as a predecessor identity, but the authoritative subject for the present-day institution is Laxmi Sunrise Bank. No verified executive roster, major advertising campaign, scandal, lawsuit, recall, or product-generation event is included in the supplied references.
History
Laxmi Sunrise Bank is the present-day successor to Laxmi Bank Limited and Sunrise Bank Limited, two Nepalese banking institutions that combined to form a larger commercial-banking operation. The merger is the defining event in the brand’s history. Rather than representing a wholly new banking concept, the Laxmi Sunrise identity consolidates the predecessor institutions’ operations under one legal and customer-facing structure. The combined bank began joint operations on July 14, 2023. This operating date marked the practical integration of the two banks’ businesses, including their banking networks and customer services. The institution was subsequently renamed Laxmi Sunrise Bank Limited, establishing the current brand used in Nepal’s banking market. Sunrise Bank Limited therefore functions as a predecessor name within the bank’s history, while Laxmi Sunrise Bank is the authoritative name for the merged entity. The bank is licensed by Nepal Rastra Bank as a Class A commercial bank and has its head office in Kathmandu. Its branch network extends across Nepal, supporting a nationwide rather than narrowly regional operating model. The bank’s shares are publicly traded on the Nepal Stock Exchange, giving the institution a public-company structure alongside its regulated banking role. The post-merger organization includes subsidiary companies associated with capital markets, securities, and microfinance-related services. The identified subsidiaries are LS Capital Limited, Sunrise Securities Limited, and Laxmi Laghubitta Bittiya Sanstha Limited. The supplied reference does not provide sufficient detail to reconstruct the founding dates, leadership succession, branch count, technology history, or individual product launches of the two predecessor banks, so those elements are not presented as established facts here. The reported ownership structure of the bank is divided between a 51 percent promoter-group holding and a 49 percent general-public holding. Its paid-up capital is reported as NPR 26.78 billion for fiscal year 2025/26. Since this amount is tied to a specified fiscal period, it should be understood as a period-specific disclosure rather than an undated corporate constant. Today, Laxmi Sunrise Bank occupies the position of a nationwide Nepalese commercial bank offering banking services to consumers, businesses, and institutional customers. Its historical importance lies in the consolidation of two established banking franchises and the creation of a single publicly traded institution operating under the Laxmi Sunrise name.
Products and positioning
A nationwide Nepalese Class A commercial bank serving retail, business, and institutional customers, with a post-merger identity combining the former Laxmi Bank and Sunrise Bank franchises.
Retail banking
Retail banking services
The bank serves individual customers through the branch-based and digital services expected of a Nepalese Class A commercial bank, including deposit-taking, account services, payments, and personal finance. The supplied references do not identify specific account names, rates, or digital-product launch dates.
Corporate banking
Business and commercial banking
Laxmi Sunrise Bank’s commercial-bank status supports services for companies and other institutions, including business deposits, lending, and transaction banking. Detailed sector-specific products and eligibility conditions are not documented in the supplied source material.
Financial services
Subsidiary financial services
The bank’s identified subsidiaries extend its broader financial-services presence beyond core commercial banking. They include LS Capital Limited, Sunrise Securities Limited, and Laxmi Laghubitta Bittiya Sanstha Limited, associated respectively with capital-market, securities, and microfinance-related activities.
Brand decisions
2023
Combination of Laxmi Bank and Sunrise BankM&ABackground
The two Nepalese commercial banks pursued a combination that would create a single institution with a unified operating platform and brand.
Action taken
The banks commenced joint operations on July 14, 2023 and subsequently operated under the Laxmi Sunrise Bank Limited name.
Aftermath
The merger established Laxmi Sunrise Bank as the successor institution, with nationwide operations and public trading on the Nepal Stock Exchange.
Recent events
- 2023
Laxmi Bank and Sunrise Bank begin joint operations after merger[1]
M&A
The two Nepalese banks combined their operations, with the merged institution beginning joint operations on July 14, 2023.
- 2023
Merged bank adopts the Laxmi Sunrise Bank name[1]
M&A
Following the combination of Laxmi Bank Limited and Sunrise Bank Limited, the institution was ultimately renamed Laxmi Sunrise Bank Limited.
Reported paid-up capital reaches NPR 26.78 billion[1]
Other
The bank is reported to have paid-up capital of NPR 26.78 billion for fiscal year 2025/26.
Sources2 sources
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