Tourism Development Bank

Nepali national development bank

This article needs to be updated. The reason given is: Merger with Mega Bank Nepal Limited. Please help update this article to reflect recent events or newly available information. (August 2019)

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Tourism Development Bank Limited

Company type| Public

Traded as

| NEPSE: TDBL
Industry| Banking
Founded| October 28, 2009 (2009-10-28)
Headquarters|

Gyaneshwor, Kathmandu

Nepal

Area served

| Nepal

Key people

| Mahesh Sharma Dhakal (CEO)
Products| Loans, Savings, Investments, Remittance, International Travel Card

Number of employees

| 330
Website| www.tdbl.com.np

Tourism Development Bank Ltd (Nepali: टुरिजम डेभलपमेण्ट बैंक लिमिटेड; NEPSE: TDBL) was a national level development bank in Nepal with its corporate office located in Kathmandu.[1][2] The bank was established in 2009 and offered a wide range of financial products and services. It had a paid up capital of NPR 780 million and had 15 branches.[3][4] The bank was also a member of society for worldwide international financial telecommunications SWIFT.[5]

## Expansion

[edit]

Tourism Development Bank completed the acquisition of Kalinchowk Development Bank & Matribhumi Bikas Bank and started joint operation on January 8, 2017. After the acquisition and further expansion of its business and capital, the bank's paid-up capital reached Rs 2002.7 million. The deposit base reached Rs 13100 million, and the bank floated loans worth Rs 12000 million. The development bank provided services to more than 100000 customers all over the country from 36 branches, 5 extension counters, and 19 ATM centers.[6]

## See also

[edit]

* Banks portal

* List of banks in Nepal

## References

[edit]

1. ^ "Tourism Development Bank Limited: Private Company Information - Businessweek". Bloomberg.com. Retrieved November 10, 2016.
2. ^ ShareSansar (20 April 2016). "Tourism & Kalinchowk Dev. Bank signed MOU for acquisition". ShareSansar. Retrieved November 8, 2016.
3. ^ "Development Bank Supervision Report 2014" (PDF). Retrieved November 10, 2016.
4. ^ "TDBL". www.tdbl.com.np. Retrieved 3 November 2016.
5. ^ "SWIFT". Retrieved November 10, 2016.
6. ^ "Tourism Development Bank starts joint operation after acquiring Matribhumi and Kalinchowk Dev Bank". 15 December 2016.

## External links

[edit]

* Official Website of Tourism Development Bank Limited
* Official Website of Nepal Stock Exchange

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