Citizens Bank International Partners With Neo Verse To Offer Discounts On Electronics

24th July 2026, Kathmandu

Citizens Bank International Limited has entered into a memorandum of understanding with Neo Verse Private Limited, commercially known as Neoteric Nepal and located in Jhamsikhel, Lalitpur.

Citizens Bank Neo Verse Partnership

The strategic alliance aims to deliver exclusive financial privileges and promotional savings to the bank’s growing customer base across Nepal.

Exclusive Discounts On Electronic Products

Under the terms of the agreement, cardholders and digital banking subscribers of Citizens Bank can enjoy tailored discounts of up to 15 percent when purchasing electronics through Neo Verse.

The promotional benefits apply across multiple digital transaction channels, including:

• Citizens Bank Debit Cards
• Citizens Bank Credit Cards
• Citizens Mobile Banking Application

Driving Digital Transformation And Cashless Transactions

Management at Citizens Bank emphasized that strategic retail partnerships are designed to add tangible value to consumer spending while accelerating the nationwide shift toward a cashless economy. By offering financial incentives on electronic goods, the bank seeks to encourage broader adoption of digital payment options over traditional cash transactions. Comprehensive details regarding ongoing merchant discounts and digital promotional campaigns are regularly updated on the bank’s official web portal.

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Track Record Of Innovation In Nepalese Banking

The collaboration with Neo Verse aligns directly with Citizens Bank’s broader digital transformation roadmap. Recognized internationally with the Bank of the Year award for two consecutive years in 2024 and 2025, the institution has consistently introduced first to market digital features within the Nepalese financial sector.

Key technological milestones introduced by the bank include:

• Citizens PhonePe Credit Card: Developed in partnership with PhonePe, this service stands as Nepal’s pioneering virtual credit card, providing instant digital credit access.
• Citizens Gen G Savings Account: A specialized deposit product targeted at younger demographics, integrated with modern digital conveniences.
• Citizens Digi Bank Service: An all in one online platform consolidating personal banking, account management, and financial requests into a single interface.
• Freelancer Savings Account: A customized banking solution designed specifically to serve the financial and international transaction needs of digital freelancers.
• In App Share Application And CRN Generation: Citizens Bank became the first commercial bank in Nepal allowing users to apply for primary market shares and instantly generate their Customer Reference Number directly within the mobile app.
• Cross Bank Teller QR Service: An innovative branch feature enabling customers of other banking institutions to withdraw cash at Citizens Bank counters by scanning a designated Teller QR code.

Extensive Branch Network And Market Presence

Citizens Bank International Limited maintains a solid operational infrastructure to support its digital ecosystem and physical banking services.

The bank currently serves more than 2.048 million customers across Nepal through an expansive service network that includes:

• 200 operational branch offices spanning 61 districts
• 169 Automated Teller Machines
• 3 extension counters
• 42 branchless banking units

Through continuous digital expansion and strategic merchant partnerships, Citizens Bank continues to strengthen its position as a leading technology driven commercial bank in Nepal

For More: Citizens Bank Neo Verse Partnership