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.)238.00
Change (Rs.) and (%)-1(-0.42)
Total Listed Shares82,218,683.00
Paid Up Value (Rs.)100
Total Paid Up Value (Rs.)8,221,868,300.00
Closing Market Price (Rs.)238.00
Market Capitalization (Rs.)19,568,046,554.00

Mission Statement

We are committed to excellence in the delivery of entire gamut of financial services in order to achieve sound business growth and maximize stakeholder values by embracing team spirit, progressive technology, and good corporate governance.

Our Values

Our values are built around high standards of good corporate governance. Transparency, professionalism and high ethical tone at the leadership are foundations on which our actions are based. Laxmi Bank’s Code of Conduct encapsulates international best practices applicable to Nepali context. The level of commitment from our people to take Laxmi Bank to greater heights has been a huge catalyst. The team spirit within the organization is something we are proud of.

Our Vision

  • Provider of most integrated financial services
  • Key player and a thought leader in the retail financial services
  • A bank with the best asset book
  • Best IT capability
  • Preferred employer in the financial sector