About Us
Overview
Malika Vikas Bank Limited (MVBL), a category ‘B’ financial institution licensed by Nepal Rastra Bank (the Central Bank of Nepal), commenced its operation since November 10, 1999 (Kartik 24, 2056 BS). MVBL is promoted by intellectual and open-minded promoters coming from diverse professional backgrounds. MVBL has grown as a pioneer Development Bank of Far-Western part of Nepal, going to upgrade in National Level very soon with branches at Dhangadhi, Mahendranagar, Tikapur, Lamki, Bouniya, Belauri, Dadeldhura, Doti, Mangalsen, Sanfebagar, Butwal, Basgadhi, Nepalgunj, Lamahi, and Tulsipur.
With a stellar track record of increasing market share, profitability, and product offerings, MVBL offers a wide range of banking products and financial services to the corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in the areas of investment banking, merchant banking, personal banking, corporate banking, venture capital and asset management. Moreover, MVBL’s equity shares are also listed in Nepal Stock Exchange.
Vision
To make our services accessible to more and more people to enhance their livelihood and hence increase the gross domestic product of the nation.
Mission
To provide quality banking services with enhanced customer orientation, higher value creation for stakeholders and to continue as a responsive corporate social citizen by embracing team spirit, progressive technology and good corporate governance.
Objectives
• To provide promising modern financial services to our customers through continuous innovation of products and services.
• To provide attractive return on investments to our promoters and shareholders.
• To provide healthy physical and emotional work environment for our employees to learn, serve, and for promising growth.
• To become a leading bank in Nepal by providing modern financial services to our customers, and superior value to our shareholders.
Ownership Structure
• Promoter Share: 70%
• General Public: 30%
Capital Structure
• Authorized Capital: 800 million
• Issued Capital: 210 million
• Paid up capital: 204.82 million