Kumari Bank’s Paid-Up Capital Surges from NPR 350 Million to Over NPR 26 Billion: The Expansion History

30th October 2026, Kathmandu

Kumari Bank Limited, which commenced commercial operations in FY 2057/58 with an initial paid-up capital of NPR 350 million, has expanded its capital base to an historic milestone exceeding NPR 26.22 billion.

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Kumari Bank’s Paid-Up Capital Surges

Capital Growth Timeline and Financial Milestones

The bank expanded its capital base through an initial public offering (IPO), regular bonus share distributions, strategic acquisitions, and a major merger.

• Initial Phase and IPO: Starting with NPR 350 million in FY 2057/58, the bank expanded its capital to NPR 500 million in FY 2060/61 by issuing an Initial Public Offering (IPO) worth NPR 150 million.
• NPR 1 Billion Milestone via Bonus Shares: Through consecutive bonus share distributions, the bank’s paid-up capital crossed NPR 1 billion in FY 2064/65 and reached NPR 2.43 billion in FY 2070/71 (following a 33% bonus share distribution).
• Central Bank’s NPR 8 Billion Capital Mandate: Following Nepal Rastra Bank’s directive mandating commercial banks to maintain a minimum paid-up capital of NPR 8 billion, Kumari Bank adopted an aggressive acquisition strategy. Capital reached NPR 5.96 billion in FY 2073/74 after acquiring entities worth over NPR 1.35 billion, eventually surpassing the regulatory threshold to reach NPR 8.68 billion in FY 2075/76.
• Big Merger with NCC Bank: The most pivotal moment in the bank’s history occurred in FY 2079/80 with the successful big merger alongside Nepal Credit and Commerce (NCC) Bank Limited, which added over NPR 11.51 billion to its capital base.
• Current Paid-Up Capital: Post-merger, Kumari Bank’s total paid-up capital stands at NPR 26,225,861,340.

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