Kumari Bank Ltd. has remarkable financial performance in the fiscal year 2008-09. The bank has been able to increase the total deposit to NPR 15.710 billion as on July 15, 2009, a growth rate of 23%. Likewise, the bank has invested total loans & advances of NPR 14.7 billion during that period with a positive growth of 28.4%. The operating and net profit of the bank in FY 2008/09 stands at NPR 416 million and NPR 268 million respectively, a positive growth rate of 27 % and 53 % respectively over the previous year. Further, the bank, with its prudent asset management practice, has been able maintain non performing loan of 0.43 %, which is considered as one of the lowest in the industry.

Similarly, the bank has 16 full-fledged branches and one extension counter, offering array of modern banking products and services, located in various parts of the country. Further, the bank has a plan to start operation of 4 new branches inside Kathmandu valley within 3 months.

In order to lead the bank to another dawn of professional banking, the bank has appointed Mr. Radhesh Pant as Chief Executive Officer. Mr Pant was formerly the president of Nepal Banker’s Association and the Managing Director of Bank of Kathmandu. The bank is confident that with the appointment of new CEO, stakeholders’ expectations shall be met best.