About us About Us Board of Directors Management Team Reports Our Values Laxmi Bank was incorporated in April 2002 as the 16th commercial bank in Nepal. In 2004 Laxmi Bank merged with HISEF Finance Limited, a first generation financial company which was the first merger in Nepali corporate history. Laxmi Bank is a Category ‘A’ Financial Institution and re-registered in 2006 under the “Banks and Financial Institutions Act” of Nepal. The bank’s shares are listed and actively traded on the Nepal Stock Exchange (NEPSE). We are a technologically driven progressive bank with strong risk and corporate governance foundations. We are known for our innovation and have many “firsts” in the Nepali financial market. We have the best asset quality among all financial institutions in the country and our technology has been rated “Highly Secure” by independent internationally accredited information system auditors. Laxmi Bank’s award-winning Annual Reports has set the standards for quality, presentation and disclosure for the Nepali corporate sector to follow. Since 2005 Laxmi Bank promotes a separate life insurance company – Prime Life Insurance Limited which came into operation in 2009. Profile Incorporation Laxmi Bank is a Category ‘A’ Financial Institution and re-registered in 2006 under the “Banks and Financial Institutions Act” of Nepal. The bank’s shares are listed and actively traded on the Nepal Stock Exchange (NEPSE). LBL Stock Info Last Traded Price (Rs.)217.00Change (Rs.) and (%)-1(-0.46)Total Listed Shares82,218,683.00Paid Up Value (Rs.)100Total Paid Up Value (Rs.)8,221,868,300.00Closing Market Price (Rs.)217.00Market Capitalization (Rs.)17,841,454,211.00 Our Vision We will be the Bank of choice for a growing, vibrant Nepal – reaching and enriching households, businesses and communities. Our Mission We believe relationships are more important than transactions and will strive to offer the best customer experience keeping our clients at the front and center in order to realize their economic potential. We will expand physically and digitally to allow customers to access us through the channel of their choice and leverage technology to help make banking smart, simple and secure. We believe in responsible banking and adopt high standards of governance, transparency, ethics and integrity across the company. We understand our responsibilities extend beyond financial services and will actively invest in the communities where we operate and work towards being a green company reducing our carbon footprint for a sustainable future. We will use the power of people and ideas to create sustainable value to all our stakeholders through one engaged and empowered team.