Machhapuchchhre Bank Limited (MBL) is a Class 'A' commercial bank licensed by Nepal Rastra Bank. It was registered in 1998 as the first regional commercial bank promoted from the western region of Nepal, and began banking operations from Pokhara in 2000. The bank takes its name from Machhapuchchhre, the fishtail peak that overlooks Pokhara.
History
Starting as a regional bank gave MBL an early base in Kaski and the surrounding western districts at a time when most commercial banks were concentrated in Kathmandu. It later expanded into a full nationwide commercial bank and moved its head office to Kathmandu, while keeping a strong presence in Pokhara and the western hills.
The bank has grown partly through merger, including the absorption of Standard Finance Limited. By the 2025/26 financial year it reported paid-up capital of about Rs 12.08 billion and employed more than 1,500 staff. The promoter group holds 51 percent of shares and the general public 49 percent, with the shares listed on the Nepal Stock Exchange.
Services
- Deposit accounts: savings, current, fixed deposits, recurring savings, NRN and foreign currency accounts
- Retail loans: home loans, auto loans, education loans, gold loans and digital instant loans
- SME and business banking: working capital, term loans, hire purchase and business overdrafts
- Corporate banking, project finance and consortium lending
- Trade finance: letters of credit, bank guarantees and import and export services
- Credit cards, debit cards and prepaid cards
- Remittance and foreign exchange services
- Digital banking: MBL mobile banking, internet banking and QR payments
- Safe deposit lockers and bancassurance
Branch network
MBL operates around 180 branches, extension counters and service points across all seven provinces. Its head office is at MBL Tower in Lazimpat, Kathmandu, and it retains a dense network in Pokhara and the western region alongside branches in Kathmandu, Lalitpur, Bhaktapur, Butwal, Biratnagar, Birgunj, Nepalgunj, Dharan, Itahari, Hetauda and Dhangadhi.
Digital and international banking
The bank markets itself around a digital-first positioning, offering mobile and internet banking, QR payments and digital loan products alongside its counter network. International transactions run through SWIFT code MBLNNPKA, supporting remittance, trade settlement and foreign currency transfers.
At a glance
- Type: Class 'A' commercial bank
- Registered: 1998; operations began in Pokhara in 2000
- Distinction: First regional commercial bank from Nepal's western region
- Head office: MBL Tower, Lazimpat, Kathmandu
- Service points: about 180
- Staff: more than 1,500
- Paid-up capital: about Rs 12.08 billion (FY 2025/26)
- SWIFT code: MBLNNPKA
- Phone: +977-1-5970555
- Email: customercare@mbl.com.np
- Website: machbank.com