Tourism Development Bank
{{Short description|Nepali national development bank}}
{{Update|date=August 2019|reason=Merger with Mega Bank Nepal Limited}}
{{Infobox company
|name = Tourism Development Bank Limited
|logo = TDBL logo.gif
|logo_size = 200px
|type = Public
|traded_as = {{NEPSE|TDBL}}
|foundation = {{Start date|2009|10|28}}
|location_city = Gyaneshwor, Kathmandu
|location_country = Nepal
|key_people = Mahesh Sharma Dhakal (CEO)
|products = Loans, Savings, Investments, Remittance, International Travel Card
|area_served = Nepal
|industry = Banking
|num_employees = 330
|homepage = {{url|www.tdbl.com.np}}
}}
Tourism Development Bank Ltd ({{langx|ne|टुरिजम डेभलपमेण्ट बैंक लिमिटेड}}; {{NEPSE|TDBL}}) was a national level development bank in Nepal with its corporate office located in Kathmandu.{{cite web |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=204709098 |title=Tourism Development Bank Limited: Private Company Information - Businessweek |newspaper=Bloomberg.com |date= |author= |access-date= November 10, 2016}}{{cite web |url=http://www.sharesansar.com/c/tourism-kalinchowk-dev-bank-signed-mou-for-acquisition.html |title=Tourism & Kalinchowk Dev. Bank signed MOU for acquisition |newspaper=ShareSansar |date= 20 April 2016 |author= ShareSansar|access-date= November 8, 2016}} 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.{{cite web |url=https://www.nrb.org.np/dbs/pdffiles/annual_reports/FY_2070-71.pdf |title=Development Bank Supervision Report 2014 |date= |author= |access-date= November 10, 2016}}{{cite web|title=TDBL|url=http://www.tdbl.com.np/|website=www.tdbl.com.np|access-date=3 November 2016}} The bank was also a member of society for worldwide international financial telecommunications SWIFT.{{cite web |url=http://tdbl.com.np/content/swift.html |title=SWIFT |newspaper= |date= |author= |access-date= November 10, 2016}}
Expansion
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.{{cite web|url=http://www.sharesansar.com/c/tourism-development-bank-starts-joint-operation-after-acquiring-matribhumi-and-kalinchowk-dev-bank.html |title=Tourism Development Bank starts joint operation after acquiring Matribhumi and Kalinchowk Dev Bank|date=15 December 2016 }}
See also
{{Portal|Banks}}
References
{{reflist}}
External links
- [http://www.tdbl.com.np/ Official Website of Tourism Development Bank Limited]
- [http://www.nepalstock.com/ Official Website of Nepal Stock Exchange]
Category:2009 establishments in Nepal
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