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Draft:Citizens Bank International

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Citizens Bank International Limited
सिटिजन्स बैंक इन्टरनेशनल लिमिटेड
Company typePublic
NEPSE348 (CZBIL)
IndustryBanking
Founded20 April 2007; 17 years ago (2007-04-20)
HeadquartersNarayanhitipath, Kathmandu
Number of locations
200 Branches
Area served
Nepal
Key people
Dr. Shankar Prasad Sharma (Founder chairman)
Mr. Prabal Raj Pandeu (chairman)
Mr. Ganesh Raj Pokheral (CEO)
ProductsLoans, credit cards, savings, investment, merchant banking
Number of employees
1500+ (2023[1])
Websitewww.ctznbank.com

Citizens Bank International Limited is a Nepalese commercial bank that operates across Nepal.[2][3]

The bank is an ‘A’ class commercial bank licensed by Nepalese central bank the Nepal Rastra Bank.[4] The bank has over 200 branches across the nation providing retail banking services and it has its head office in Kathmandu which also provides commercial banking services.[1]

The bank's shares are publicly traded in the Nepal Stock Exchange.[5]

History

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The bank was founded in 2007.

In 2016, the bank acquired Nepal Housing and Merchant Finance Ltd, People's Finance Ltd as well as Premier Finance & Co limited, increasing its branch network to 58 and 93 branchless service centres.[6]

The 2017, the bank had an initial public offering (IPO) and was listed on the Nepal Stock Exchange.[5]

See also

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References

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  1. ^ a b Annual report (PDF) (Report). Citizens Bank International. 2023.
  2. ^ "Nepal's banks battle isolationism". The Banker. July 29, 2022.
  3. ^ "Welcome to Citizens Bank International Limited". Citizens Bank International. Retrieved July 15, 2024.
  4. ^ "List of BFIs". nrb.org.np. Retrieved July 15, 2024.
  5. ^ a b "Nepal Stock exchange - Citizens Bank International Limited (CZBIL)". nepalstock.com. Retrieved October 12, 2024.
  6. ^ "Citizens Bank acquires Premier Finance". República. July 17, 2016.
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